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…
A Moroccan business center has expected the country's economic growth to accelerate to 4.6 percent next year compared to 2.6 percent in 2019. Mohammed al…
The International Energy Agency (IEA) may cut its growth estimates for global oil demand for 2019 and 2020, should the global economy weaken further, its chief…
India’s oil imports from Iraq surged to a record high in August as refiners replaced costly African imports with cheaper Basra crude, tanker arrival data…
Petrol station owners in Lebanon on Friday suspended a strike and said they reached a deal with the government allowing them to pay suppliers in Lebanese…
Saudi Arabia's quick moves to restore output have been crucial to curbing oil price volatility after the global oil market had been shaken up following the…
Egypt’s central bank on Thursday cut its key interest rates for the second month in a row, after inflation fell further and as central banks globally ease…
US dollar scarcity in the Lebanese market has forced some banks to withhold the foreign currency from everyday use. Such banks have only allowed customers…
Bahrain raised two billion dollars with its first issue of US dollar bonds since it obtained a $10 billion aid from its Gulf allies in 2018 to avert a credit…
Saudi Arabia maintained its spot as China's largest supplier of crude in August for the second straight month, official customs data showed on Wednesday. …
The Saudi Capital Market Authority (CMA) disclosed to Asharq Al-Awsat on Wednesday that the draft of the pending Central Counterparty Clearing House ("CCP")…
Saudi Energy Minister Prince Abdulaziz bin Salman said on Wednesday that the ethane gas output of the Kingdom is now at 900 million standard cubic feet as it…
Saudi Arabia has restored its oil production capacity to 11.3 million barrels per day, three sources briefed on Saudi Aramco’s operations told Reuters,…
Israel's central bank on Wednesday called on the government to ease rules on Palestinian workers who often purchase work permits in the country illegally to…
Saudi Arabia’s decision to waive the fees on expatriate workers in the industry sector has contributed to stimulating investments in the sector, diversifying…
The Moroccan Federation of Insurance and Reinsurance Companies (FMSAR) has called on its Egyptian counterpart to resolve the delay in the case of a Moroccan…
Washington’s policy of applying “maximum pressure” on Iran with wide-ranging sanctions has shredded the country’s oil revenues, sent its economy into recession…
About 45 hotels have been affected in Tunisia after the collapse of Thomas Cook, and the government will help the hotels with soft loans, Tunisia's tourism…
Lebanese millers said on Tuesday wheat stocks had fallen to a dangerous level, warning the country may face a supply crisis unless dollars needed to import the…
Compulsory insurance against natural and terrorist disaster damages will begin in Morocco in early 2020, according to Nouman Essami, director at the Moroccan…
French President Emmanuel Macron informed Lebanese Prime Minister Saad Hariri that he would not visit Beirut at the official invitation of his Lebanese…
Yemen’s legitimate government in Aden stressed Monday the need to stabilize the value of the rial to confront the ongoing attempts by the Iran-backed Houthi…
Algeria is planning to keep unchanged the main clauses in its energy law including a rule limiting foreign stakes in oil and gas projects, the government said…
Tunisia has set up a crisis cell to deal with the fallout of British tour operator Thomas Cook's collapse on Monday, which has left around 4,500 mostly British…
Saudi measures taken by the capital, Riyadh, over the recent attacks on Abqaiq and Khurais oil facilities have boosted global markets' confidence in Saudi oil…