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…
The Saudi Arabian Monetary Authority (SAMA) has announced amending some articles on the requirements to open new bank accounts. This step would facilitate…
South Sudan said Monday it was renegotiating an oil deal with Khartoum, as it will not meet a December deadline to finish paying $3 billion (2.7 billion euros)…
Standard & Poor’s (S&P’s) has maintained Morocco's credit rating at the current level of BBB- / A-3, revising its outlook from negative to stable. In its…
Bahrain’s Crown Prince Salman bin Hamad Al Khalifa, Deputy Supreme Commander and First Deputy Prime Minister, expressed his appreciation to Saudi Arabia, the…
The head of Lebanon's central bank said on Monday it is continuing to provide dollars to local financial markets, adding the country has "numerous…
The Capital Markets Authority (CMA) of Saudi Arabia has introduced measures to facilitate the entry of foreign issuers to the Saudi stock market and encourage…
Turkey’s lira slid to its lowest level in more than a month against the dollar on Monday over concerns about Ankara’s planned incursion in north Syria and a…
Abu Dhabi announced Sunday that it has successfully priced a US$10 billion multi-tranche international bond offering, Emirates News Agency (WAM) reported. …
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Sunday officially inaugurated the 39th…
Fears of a monetary devaluation in Lebanon, where the exchange rate has been fixed for more than two decades, are on the increase following a dollar shortage…
Saudi Telecommunication Company (STC) will unveil 10 innovative digital platform projects created by Saudi young men and women. The move will take place…
Saudi Stock Exchange index closed last week at a level below 8,000 by 79 points, amid expectations that fiscal firms outcomes for Q3 would play an influential…
Dubai’s non-oil foreign trade volumes surged 31 percent in the first half (H1) of 2019, data released by Dubai Customs showed. The total volume of the…
Prime Minister Saad Hariri has said that Lebanon’s agriculture sector should be organized to compete in outside markets amid complaints by farmers that they…
Egypt has decreased fuel prices for the first time in decades, as it begins linking energy prices to international markets. Although the drop was only…
In a new indicator that asserts the private sector revival in Saudi Arabia, research data showed an increase in trade activity. This increase is the fastest…
Disagreements re-surfaced among Lebanon’s political leaders over the privatization of state institutions, mainly those that incur huge treasury losses, such as…
Lebanon's central bank governor said Thursday that increased imports could have raised the demand for dollars in the country, noting this has pushed money…
Saudi Arabia has fully restored oil output after attacks on its facilities last month and is now focused on the listing of state oil giant Saudi Aramco, its…
Saudi Arabian Investment Authority (SAGIA) signed on Wednesday a memorandum of understanding with Korea’s GL Rapha Co. to manufacture biological drugs in the…
Saudi Ministry of Industry and Mineral Resources has stressed on manufacturers to be aware of the importance of rationalizing water consumption resulting from…
Based on the preparations for the anticipated visit by Russian President Vladimir Putin to Saudi Arabia in October, CEO of Russian Direct Investment Fund (RDIF…
Tunisia needs around 8.5 billion Tunisian dinars ($2.96 billion) in external financing in 2020 and plans to issue bonds up to 800 million euros ($874.24…
Morocco’s external debt reached MD337.84 billion (USD35.3 billion) at the end of June, registering an increase of around 3.4 percent compared to the beginning…