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…
Qatar’s economy contracted by 1.4 percent in the second quarter from a year earlier, according to government statistics, hurt by a drop in the manufacturing…
A new increase in electricity prices in Turkey for the second consecutive time in three months has enraged citizens. The Turkish Energy Market Regulatory…
Leading financial institutions, from the US, Russia, China and India, as well as other European and Arab countries, will participate in the international…
A program to improve the rationalization of energy consumption has kicked off in Saudi state institutions. The city of Riyadh has seen the launch of the …
Oil prices are likely to remain steady this year as supply shocks from Saudi Arabia fail to lift prices in a market grappling with flagging demand, a Reuters…
Algeria plans to seek foreign loans in 2020 for the first time in years and cut public spending by 9.2%, the finance minister said on Tuesday, as it grapples…
Egypt said on Tuesday it had returned nearly 2 million people to its food subsidy program since February, two days after tweets by President Abdel Fattah al…
Mortgage loans provided by banks and financial institutions have tripled in August, official data showed on Monday. These loans were given to cover up to 12…
Three government entities have launched a program that will help achieve efficient government spending in procurement. The program targets 1,500 specialized…
Lebanon's Central Bank has issued guarantees to secure US dollars for local banks at the fixed official rate that would cover imports of fuel, wheat and…
Saudi Aramco plans to pay a base dividend of $75 billion in 2020, it said in a corporate overview posted to its website on Monday. It paid out a $20…
Saudi Arabia's economy grew by 0.5% in the second quarter from a year earlier, government data showed on Monday as the Finance Ministry expressed reservations…
Turkey’s finance minister said on Monday that steps taken by the government would give banks a “clean slate” to begin lending again, but bankers and analysts…
Tunisia’s state budget will rise from 40 billion dinars in 2019 to 47 billion dinars in 2020 ($16.4 billion), Finance Minister Ridha Chalgoum said on Monday,…
Three Saudi government entities have unveiled their alliance for the sake of promoting the 4th industrial revolution techniques in 100 factories in the kingdom…
Saudi Industrial Development Fund (SIDF) unveiled a new set of financial services and products that will enable the Saudi private sector to play its role in…
Dubai has recorded strong growth in foreign direct investment (FDI) in H1 2019, according to the Dubai Investment Development Agency (Dubai FDI). It has…
A senior researcher at Saudi Aramco’s Exploration and Petroleum Engineering Center – Advanced Research Center’s (EXPEC ARC) – was picking dates from a palm…
Thomas Cook, the world's oldest travel firm, has dues of 125 million Egyptian pounds ($7.7 million) to local operator Blue Sky Group, Blue Sky's chairman…
Lebanon's Central Bank Governor Riad Salameh said on Monday that a circular is set to be issued on Tuesday to reduce the pressure on US dollar demand at…
A Vietnamese trade delegation discussed during a meeting with businessmen on Sunday in Riyadh Chamber the advantages of investment opportunities in the field…
Hundreds of Lebanese protested in Beirut on Sunday against an economic crisis that has worsened over the past two weeks, with a drop in the local currency for…
Saudi Arabia has won permanent membership in the Council of the International Civil Aviation Organization (ICAO), reported the Saudi Press Agency Saturday. …
The Saudi Commission for Tourism and National Heritage (SCTH) and the Saudi Arabian General Investment Authority (SAGIA) announced Friday a number of…