China on Monday announced a two-month extension of export-control waivers due to expire this month, preserving part of a wide-ranging deal struck after a…
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…
Morocco’s Maroc Telecom (IAM) said Friday that the government plans to sell almost eight percent stake in the company. This comes in a deal which is expected…
Iraq’s average crude oil exports to the world markets have amounted to 3.572 million barrels per day in May, passing through southern Iraq and Turkey’s Ceyhan…
Foreign employees of US energy major ExxonMobil will return to work near Iraq's border with Iran Sunday, the oil ministry said, two weeks after being evacuated…
The World Bank hailed Saudi achievements in the field of business licensing in less than two years, recommending the adoption of a united legal framework that…
Top oil exporter Saudi Arabia has raised production in May, a Reuters survey found, but not by enough to compensate for lower Iranian exports which collapsed…
Lebanon hopes to halve its ruinous electricity subsidy in 2020 as it targets more spending cuts after proposing a deficit-slashing budget plan for this year,…
Representatives of global airlines are scheduled to meet in Seoul for the annual meeting of the International Air Transport Association (IATA) amid trade…
The African Union (AU) announced on Thursday the launch of the African Continental Free Trade Area, a pivotal project aimed at boosting intra-African trade by…
Many small carriers depend on inexpensive equipment from the Chinese company. Now they must rethink expansion plans, and perhaps replace existing gear. …
The Moroccan Ministry of Industry, Investment, Trade, and Digital Economy has launched an investigation into a glut of iron and steel sheets in the market. The…
The World Trade Organization (WTO) approved UAE's complaint made on Wednesday about Qatari restrictions on the import, distribution, and sales of UAE goods. …
Russia will carefully consider extending its oil output reduction agreement with the Organization of the Petroleum Exporting Countries (OPEC) and other…
Iranian crude exports have fallen sharply in May to around 400,000 barrels per day (bpd), tanker data showed and two industry sources told Reuters, after the…
Saudi Arabia was ranked 26th among 63 countries in IMD World Competitiveness Yearbook 2019, jumping 13 positions from last year. The yearbook was issued…
Heavily indebted Lebanon has unveiled an unprecedented plan to bring its public finances under control but faces an uphill struggle to restore investor…
Jadwa Investment confirmed a slower pace in price growth after a year of reforms, after revising its inflation forecast for the whole year in Saudi Arabia…
Global index compiler MSCI will begin listing the Saudi stock market as part of its Emerging Markets Index (EMI) on Wednesday. The global index will launch…
The oil market is expected to be in balance towards the end of 2019, as global inventories fall and demand remains strong, but OPEC's job is not done yet,…
The government of heavily indebted Lebanon formally approved a 2019 budget on Monday that includes deep spending cuts to narrow the projected deficit to 7.6%…
After years of decline in oil exploration, the government’s issuing of licenses returned to pre-2011 levels with the Ministry of Industry estimating them to…
Custodian of the Two Holy Mosques King Salman bin Abdulaziz approved Monday an incentive bonus of SR18,747,467 to 627 General Auditing Bureau (GAB) employees…
Foreign investors came to Egypt for what Renaissance Capital said could be the “best reform story” in emerging markets and stayed for this year’s biggest carry…
The net inflow of Moroccan overseas investments declined 37 percent in 2018 to $658 million, following a strong 74 percent rise in 2017, which stood at $1.04…
Tunisian Minister for Development, Investment, and International Cooperation Zied Ladhari has announced that preparations are underway for the Tunis Investment…