Oil prices fell at Monday's open after US President Donald Trump said he was highly unlikely to order new Iran attacks while talks to end the conflict make…
The Gulf Cooperation Council (GCC) member states took a new step toward completing the railway interconnection project by signing the project's general…
Egypt aims to accelerate energy projects with Libya, including gas pipeline links, refining of Libyan crude in Egypt and an electricity interconnection,…
Jasem Albudaiwi, secretary-general of the Gulf Cooperation Council (GCC), said on Sunday that the signing of the General Agreement on the GCC Railway Project…
Algeria’s oil and gas export volumes fell 9% in the first nine months of 2019 after a 2% drop in output and an 8% rise in domestic consumption, Energy Minister…
Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz received in Riyadh on Monday US Secretary of Energy Rick Perry, reported the Saudi Press…
Lebanon’s central bank governor said on Monday a solution must be found in days to a crisis unleashed by huge protests against the ruling elite, saying this…
Lebanese banks said on Monday they would ensure public sector workers were paid their salaries as they remain closed by a wave of protests against politicians…
Saudi Arabia has stressed that the tourism sector development plan will be a key priority for discussions at the upcoming G20 summit. This comes as part of…
An economic forum in Dubai, UAE, is scheduled to discuss the MENA region’s economic future. INSEAD NAA UAE Leadership Forum, to be held on October 31, will…
Saudi Arabia is putting forth competitive incentives for investment and trade, a senior World Bank official confirmed to Asharq Al-Awsat. He also predicted…
Since 2011 and up to April 2019, the European Union mobilized over €2.1 billion in financial support to Jordan, including almost €1.3 billion to help the…
Five Saudi authorities signed in Riyadh on Sunday an agreement for the production of smart digital electricity meters intended for use within the Kingdom. …
The International Monetary Fund (IMF) said it is assessing an emergency reform package announced by Lebanese Prime Minister Saad Hariri last week and stressed…
The United Arab Emirates and Brazil have agreed to expand trade between the two nations and foster investment fund partnerships in sectors such as agribusiness…
Morocco and UK signed a trade and political continuity agreement which will ensure British businesses and consumers benefit from continued trade with Morocco…
Tunisia plans to repay its $4.2 billions debt by 2020 and will borrow around $4 billion to finance the budget, announced the Finance Minister Ridha Chalgoum. …
The three-day Future Investment Initiative (FII), nicknamed "Davos in the desert", will kick off in Saudi Arabia on Tuesday, tackling strategic and vital…
As "Davos in the Desert" forum is set to be held next week, Saudi Arabia has succeeded in activating its non-oil investment tools since Saudi Vision 2030 was…
Morocco's tax exemptions totaled 27.78 billion dirhams ($3 billion) this year, down 3 percent from a year ago, according to a report by the Ministry of Economy…
Tunisia has witnessed 7.5 million tourists between January and October 10, an increase of 14.8% compared to the same period last year, according to data…
Saudi Arabia held its position as China’s largest crude oil supplier in September helped by demand from new refineries and as imports from Iran and Venezuela…
Lebanon’s economic crisis is a litmus test for the resilience and domestic support of its banks as well as their potential for sparking contagion abroad. …
A recent study estimated that Saudi Arabia's economy could create 124,000 jobs by 2030 through its tech activities and technology industries. It said this…
Bahrain's King Hamad bin Isa Al Khalifa issued Thursday a royal decree appointing Dr. Abdulhussain bin Ali Mirza as the president of the Sustainable Energy…
For the third time in three months, Turkey's Central Bank has lowered its benchmark one-week repo rate to 14 percent from 24 percent in July. The bank also…
India hopes to sign energy deals with Saudi Arabia that include its participation in India’s strategic petroleum reserve, during Prime Minister Narendra Modi’s…
White House sources revealed that US Treasury Secretary Steven Mnuchin and the president’s son-in-law and senior adviser Jared Kushner will head Washington’s…