Saudi Gold Refinery Company (SGR) announced Sunday it has secured 10 licenses to explore gold in the Republic of Tanzania, covering a total area of nearly 1…
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,…
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…
Lebanese central bank governor Riad Salameh said on Monday that Lebanese banks were meeting customer demand for US dollars which can still be withdrawn from…
UAE Central Bank expects the national economy to grow 2.4 percent in 2019, driven by faster growth in the non-oil sector compared to 1.7 percent in 2018, the…
The head of Turkey's Hoteliers Federation said on Monday the collapse of British tourism agency Thomas Cook means Turkey could see 600,000-700,000 fewer…
Egypt's stock fell to its lowest level since 2016 on Sunday after a few, but rare, protests on Friday evening, threatening to tarnish the nation’s image as an…
The dozens of banners, announcing 80 and 90 percent discounts, on shop windows in Lebanon’s Zalka region failed to attract any clients, amid an unprecedented…
The Yemeni riyal exchange rate has once again depreciated, now trading at 602 against the US dollar. Traders said it cost as much as 607 riyals to buy one…
Smiling proudly, Zilan Serwud welcomed hungry customers swarming her newly-opened food truck in Kurdish Iraq. But launching the venture required more than just…
Morocco has begun to promote its new image as a source of clean energy, by implementing mega projects to exploit wind and solar energy to generate electricity…
Egypt has ranked fourth in growth averages worldwide, according to the Travel & Tourism Competitiveness Report 2019 issued in September. Egypt improved…
Somalia's President Mohamed Abdullahi Mohamed on Saturday signed an anti-graft bill into law, a long-awaited piece of legislation in one of the world's most…
Egyptian Minister of Petroleum and Mineral Resources Tareq al-Molla said that the natural gas industry in his country witnessed massive development in the past…
On the second day of his visit to China with half of his government members and all the governors of Iraq, Prime Minister Adel Abdul Mahdi called on major…
The newly appointed Central Bank of Yemen (CBY) Governor, Ahmed Al Fadhli, said the upcoming strategy will rely on a number of main factors and that monetary…
Cars line up to fill their tanks but the worker at the gas station in Lebanon’s capital city waves them off, standing by the ‘Strike!’ signs. “No fuel today,”…
SABIC, one of the world's largest petrochemical manufacturers, has announced qualifying 22 investors to commence projects worth SAR4.3 billion (USD1.1 billion)…
The Egyptian Commercial Service (ECS) revealed that the volume of trade exchange between Egypt and the US increased within the first seven months of 2019…
Iraq's State Organization for the Marketing of Oil (SOMO) on Thursday denied that Saudi Arabia had asked it for 20 million barrels of crude supplies for its…
Lebanon's central bank said on Thursday it agreed to a request from Jammal Trust Bank, which was hit by US sanctions last month, to liquidate itself. The…
The US Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a higher bar to further reductions…
Confirming progress in its projects and aspirations despite the terrorist events against its oil plants last Saturday, Saudi Aramco has completed the…
The International Monetary Fund (IMF) announced on Wednesday that Saudi Arabia has subscribed to its Special Data Dissemination Standard (SDDS), marking a…
Lebanon's economic growth is zero if not negative, leading to pressure on the central bank's foreign currency reserves, Finance Minister Ali Hassan Khalil said…
Samba Financial Group has announced its participation as the main sponsor of the 14th edition of Euromoney Saudi Arabia Conference 2019 to be held on Sept. 18…