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…
During his meeting on Saturday with Belgian Ambassador in Cairo Sibille de Cartier, Maait added that his country is currently completing the economic…
Saudi stock exchange gains jumped 17.5 percent since the beginning of the year, making it one of the world's most profitable stock markets in the first months…
The Tunisian Ministry of Tourism said tourists arriving in Tunisia have reached around 592,000 in Q1 2019, which is an increase of around 17.4 percent compared…
Uber Jordan today has announced the launch of taxi-hailing service ‘Uber Taxi’ in the country. Jordan is the first country in the Middle East to get Uber Taxi…
Rating agency Moody’s has upgraded Egypt’s sovereign rating, saying ongoing economic reforms will help improve its fiscal position and boost economic growth…
Saudi Arabia continued to slash its oil exports as this year progressed with February crude shipments dropping by 227,000 bpd from January, as the official…
The Lebanese government is preparing to issue Eurobonds worth $2.5 billion to $3 billion on May 20, said the Minister of Finance Ali Hassan Khalil. Khalil…
Riyadh witnessed on Thursday the opening of "The Trade Bank of Iraq" (TBI), which was launched on the sidelines of the visit of Iraqi Prime Minister Adel Abdul…
The Kingdom of Saudi Arabia is moving forward with legislation needed to boost e-commerce, with Saudi Minister of Commerce and Investment Majid Al Qasabi…
“The African continent is still late in achieving the goals of sustainable development,” said Saadeddine Othmani, head of the Moroccan government. “This is…
The GCC is expected to post economic growth of 2.3% in 2019, a marginal improvement on the previous year of 0.3 percentage points, according to ICAEW’s latest…
Abu Dhabi will now allow all foreigners to own land and property in investment areas on a freehold basis after making changes to its real estate law, state…
Lebanon's parliament has passed amendments necessary to implement a plan to restructure the country's crumbling electricity sector. Wednesday's approval was…
Lebanon faces catastrophe if the government does not agree what may be the most austere budget in its history, the prime minister said on Wednesday, urging…
Iran has shut around a dozen oil wells in the southwestern Khuzestan province because of massive floods, the semi-official Mehr news agency reported on…
Egypt aims to achieve a steady economic growth rate of 6 percent during the fiscal year 2019-2020, up from the current 5.6 percent, announced Egyptian Minister…
Investing in the Middle East has never been for the faint-hearted. Marshall Stocker should know. Drawn by Egypt’s economic promise, he moved to the country…
The unemployment rate in Turkey stood at its highest rate for ten years at 14.7 percent in January 2019, the Turkish Statistical Institute (TurkStat) announced…
Global experts and Arab delegations gathered in the Russian southern city of Sochi for the ongoing 11th AtomExpo. Gatherers held talks with officials of Russia…
Egypt has started collecting "temporary protection fees" of 25 percent on steel rebar and 15 percent on iron billets for 180 days starting Monday, announced…
Expo 2020 Dubai and its legacy are expected to contribute AED122.6 billion ($33.4 billion) of gross value added, GVA, to the UAE’s economy from 2013 to 2031,…
Saudi Aramco and Hyundai Heavy Industries Holdings have reached an agreement for Aramco’s subsidiary, Aramco Overseas Company B.V (AOC), to purchase a 17…
Egyptian Minister of Communications and Information Technology Eng. Amr Talaat said technology doesn’t kill job opportunities as some say in light of the…
Iran’s Oil Minister Bijan Zanganeh said on Sunday that US sanctions on Iran and Venezuela and tensions in Libya have made the supply-demand balance in the…