On the eve of the opening of the 31st United Nations Climate Change Conference (COP31) on Monday in the Turkish city of Antalya, attention is focused on the…
Gold rose more than 1% on Monday as softer oil prices eased inflation concerns, while investors awaited key US inflation data and fresh signals from the…
Gulf Cooperation Council (GCC) countries signed an agreement in Manama on Sunday to advance a 2,117-kilometer railway linking all six member states by 2030, as…
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…
Egypt's arrears to foreign oil companies declined to $900 million at the end of June from $1.2 billion a year ago, the petroleum minister said on Thursday,…
Lebanese banks are drawing fresh dollars to the country by offering high interest rates on large sums blocked for three years, bank economists said on Thursday…
High Planning Commissioner Ahmed Lahlimi Alami noted that the majority of emerging economies are witnessing an inflation rate of more than seven percent, while…
Saudi Arabia has signed three agreements to finance a range of industrial development projects in Egypt, the Saudi Press Agency reported. The Saudi Fund…
The non-oil sector in Saudi Arabia has recorded a 2.7 percent growth in Q1 of the current year compared to 2.3 percent last year. Meanwhile, the kingdom has…
Airbus is on track to overtake Boeing as the world’s biggest planemaker as deliveries of Boeing airliners tumbled 37% in the first half of 2019 as the company…
Saudi Arabia has made the largest break-through among the G20 countries in terms of the amount of radio spectrum awarded to operators in globally identified…
The labor court in Riyadh received the head of national labor committee and a delegation from the International Trade Union Confederation, headed by General…
The rate of foreign direct investment in Jordan slightly improved despite a $33 million drop in the first quarter of this year – the lowest in a year. …
Egypt's annual urban consumer price inflation eased to 9.4 percent in June from 14.1 percent in May, official statistics agency CAPMAS said on Wednesday, a…
Saudi Aramco announced on Tuesday that it has awarded 34 contracts with a total value of $18 billion for the engineering, procurement and construction of the…
Gas stations in Saudi Arabia will start using e-payment options as of July 17, according to the Commercial Anti-Concealment National Program’s official account…
The Egyptian Parliament’s Budget and Planning Committee has approved fixing the stamp tax on the stock exchange transactions at 1.5 per thousand until the…
Oil prices dipped on Tuesday on demand concerns following the latest signs the US-China trade war is dragging on the global economy, although the potential for…
Tunisia’s tourism revenues soared 42.5% in the first half of 2019 to $692 million compared to the same period last year, official figures showed on Monday. …
State-owned Trade Bank of Iraq (TBI) is expanding into China and the Gulf, seeking to lift its revenues from retail banking and international operations to 30…
A number of Gulf investors are planning to withdraw their investments from Turkey while others are considering changing the investment plans they have been…
UAE's bid to host Expo2020 is a historic achievement, which, along with UAE’s Vision 2021 launched by Vice President and Ruler of Dubai Sheikh Mohammed Bin…
The Turkish lira has fell up to 2% against the dollar after President Recep Tayyip Erdogan fired the central bank governor reportedly over disagreements on…
African nations officially launched a landmark trade agreement at the African Union summit in Niger on Sunday, with the long sought-after agreement hailed as a…
The Greek capital Athens witnessed Thursday the signing of a Memorandum of Understanding between the general authorities of civil aviation in Kuwait and Greece…
Turkey has sacked the governor of its central bank and replaced him with his deputy, a presidential decree published in the official gazette said on Saturday. …
Organization of the Petroleum Exporting Countries oil output sank to a new five-year low in June as a rise in supply did not offset losses in Iran and…
Egypt introduced its latest round of fuel subsidy cuts on Friday, raising domestic prices by between 16 percent and 30 percent. The price of widely used 92…