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,…
The Saudi Sakani program, of the Ministry of Housing, revealed in its July report that the total of beneficiaries reached 109,137 including 46,188 who are…
Tunisia’s foreign currency reserves reached TND17 billion (USD5.7 billion), according to data released by the Central Bank of Tunisia (BCT). The country’s…
Rosneft, Russian Oil Company, announced Wednesday that production in Zohr field amounted to 11.3 billion cubic meters (bcm) of gas, which is 3.6 times more…
Turkey's seasonally adjusted unemployment rate climbed to its highest level on record, statistical data showed on Thursday, despite a slight fall in the April…
The Central Bank of Tunisia (BCT) has allowed foreign exchange activities outside the banking system, in favor of a group of licensed manual exchange offices…
Algeria’s trade deficit amounted to $3.18 billion during the H1 of 2019 against $2.84 billion during the same period of 2018, official data showed on Tuesday. …
Morocco's internal debt stood at $59.3 billion at the end of July, up 2.7 percent from the beginning of the year, reaching 49.5 percent of the country's gross…
Turkey's lira weakened more than 1% on Tuesday, declining for a third straight trading session, as investors remain cautious of emerging markets after the…
Kuwait is “fully committed” to implementing an agreement among oil-exporting countries to cut production in order to support crude prices, Oil Minister Khaled…
Egypt’s Minister of Petroleum and Mineral Resources Tarek El Molla said Monday his country targets increasing the daily production of crude oil. “New…
German exports to Iran fell by nearly half in the first six months of 2019, data showed on Monday. German exports to Iran fell by 48 percent to USD758.8…
Reliance Industries Limited (RIL) is preparing to sell a 20 percent stake to Saudi Aramco of its refining and petrochemicals businesses. While terms of the…
Moroccan Prime Minister Saadeddine Othmani has called on the government to control expenditures and resort to innovative ways to fund investments in an attempt…
Saudi Aramco announced on Monday for the first time its half-year financial results. The Company’s net income was $46.9 billion for the first half 2019,…
When Julia Ellis arrives at a train station in a Denver suburb to go to work, she opens her Uber app. Next to the ride-hailing options, she taps a train icon…
Iraq's oil ministry said on Saturday it was still in talks with the US energy giant ExxonMobil over a major deal to improve the country's southern oil…
Last week's oil prices saw a drop of up to 10 percent, as Saudi Arabia's stock closed at a limited decline of 1.3 percent ahead of the Eid al-Adha holiday. …
Turkey’s central bank made the biggest overhaul to its senior management in recent years, a month after President Recep Tayyip Erdogan unexpectedly fired the…
Tunisia’s Reform Minister Tawfiq al-Rajhi revealed that the government and International Monetary Fund (IMF) have disagreed over automatic fuel adjustment…
The unemployment rate in Morocco reached 8.5 percent at the end of June after it was at 9.1 percent last year, Reuters reported, quoting the Kingdom’s High…
Travelport revealed that flight bookings made from in Asia were up five percent compared to last year. Bangladesh (13,906, +171 percent), which saw the…
The Red Sea Development Company (TRSDC) has announced beginning the construction of a residential village for workers. The village includes administrative…
Saudi Arabia’s General Authority of Civil Aviation (GACA) announced the launch of the first of its international destinations at the new King Abdulaziz…
Egypt's annual urban consumer price inflation decreased to 8.7% in July from 9.4% in June, official statistics agency CAPMAS said on Thursday, its lowest in…