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…
Sudan’s inflation dropped slightly in Sudan during last month, although April precedes the Ramadan season known for the high demand for food commodities. …
The African Development Bank (AfDB) announced on Friday a loan of USD134 million to Tunisia to carry out the second phase of the Financial Sector Modernization…
The national Digital Development Agency (ADD) has arranged for 16 Moroccan start-ups to attend the annual Vivatech conference held in Paris. The conference,…
The International Monetary Fund said on Friday its team had reached a staff-level agreement with Egypt to disburse the final $2 billion tranche of a $12…
Economic reforms underway in Saudi Arabia have started to yield “positive results,” the International Monetary Fund (IMF) said on Wednesday. “Reforms to the…
The World Bank has estimated the inflows of expatriate remittances to Lebanon at $7.2 billion in 2018, a 1.8 percent increase from the previous year. The…
Fitch Ratings has affirmed that the main risks facing Qatari banks lay in the deterioration of assets’ quality, noting that the government support to the banks…
Saudi Aramco has resumed crude oil pumping via its East-West pipeline after shutting it down temporarily for checks following an armed drone attack on two of…
Jordan's net public debt at the end of the first quarter of 2019 rose to JD27.5 billion, compared with JD26.9 billion at the end of 2018, according to the…
Saudi Arabia is working towards rehabilitating and upgrading its real estate agency and estate contribution sectors, two of the Kingdom’s top performing…
Oil prices spiked Tuesday on news of drone attacks on oil pumping stations, around 320 km west of the capital Riyadh. Brent crude futures rose 1.38% to trade…
Saudi stock market index closed Tuesday up 7.63 points, compared to Monday when Saudi and UAE oil tankers suffered “sabotage operations” near the Emirati…
Egyptian President Abdul Fattah al-Sisi on Wednesday opened a suspension bridge over the Nile touted as the world's widest, one of a series of military-led,…
Egypt’s unemployment rate fell in the first quarter of 2019, a state statistics agency said. Cairo's unemployment rate dropped to 8.1% in Q1 2019 from 10.6%…
The Saudi cabinet on Tuesday approved a special residency scheme similar to green card systems applicable in other countries, aimed at attracting wealthy and…
At a time Sudan’s future remains clouded with rapid political development, economic suffering and a liquidity squeeze returned to the scene with long ques…
Borouge, for Petroleum and Gas Investment, has announced launching a project to establish an oilfield to produce ships' fuel with a capacity of 250,000 barrels…
Saudi Aramco aims to boost its oil supply to Europe by 300,000 barrels per day (bpd) within the next two years as it expands its trading operations there with…
The Kuwaiti and Iraqi ministries of finance signed an agreement for avoiding double taxation and preventing financial evasion for income and capital taxes. …
GCC stock markets dived on Monday trading amid increased geopolitical tension after Saudi and UAE oil tankers suffered “sabotage operations” near the Emirati…
SoftBank Vision Fund is investing $800 million into UK Fintech Greensill, a vote of confidence to the UK financial sector that is trying to overcome Brexit…
Egyptian Travel Agents Association (ETAA) of the country’s Chamber of Commerce held a meeting with a number of tourism and aviation companies to identify the…
Turkey's Treasury ministry is working on legislation to transfer the central bank's 40 billion lira ($6.6 billion) in legal reserves to the government's budget…
The Saudi Public Investment Fund (PIF) investment in Uber is part of its vision towards investing in promising sectors. The US company represents an ideal…