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…
Saudi Aramco, the world's biggest oil producer, tapped Mohamed El-Erian, chief economic adviser at Allianz, as an informal adviser prior to the company's…
Saudi Arabia plans to launch a bank for small and medium enterprises (SMEs), said Minister of Commerce and Investment Dr. Majid bin Abdullah al-Qasabi. In…
World food prices were broadly steady in March, with a jump in dairy prices offset by drops in cereal, vegetable oil and sugar price quotations, the United…
A high-profile Saudi economic delegation kicked off on Wednesday an official two-day visit to Iraq, reported the Saudi Press Agency. The seven-minister…
Kuwait's Finance Ministry announced on Tuesday the signing of a fiscal balance program with the Ministry of Finance & National Economy (MOFNE) in Bahrain. …
The World Bank praised Egypt’s efforts in fighting corruption, governance, counterterrorism and its economic and social reform program, which contributed to…
Saudi Arabia continues to shore up Yemen’s faltering economy, helping it cope with slumping national currency that is being driven even deeper into the ground…
The China-Arab States Cooperation Forum kicked off on Tuesday in Tunis. The eighth Arab-Chinese Businessmen Conference and the sixth Arab-Chinese Investment…
Egypt’s Ministry of Petroleum and Mineral Resources signed a memorandum of understanding with the International Finance Corporation (IFC) of the World Bank…
Israel’s economy has barely featured in the run-up to next week’s general election, yet the central bank and many economists warn the new government will need…
The Arab Investment and Export Credit Guarantee Corporation (Dhaman) revealed growth in the volume of Arab trade in goods and services over the past few years…
The International Civil Aviation Organization (ICAO) said it is working through its offices on projects to ensure the security and safety of capacity building…
The Kuwait National Petroleum Company (KNPC) announced on Wednesday that it had completely put out the fire that broke out in a kerosene production unit in…
A top Saudi delegation led by Minister of Commerce and Investment Majid al-Qassabi will travel to Baghdad on Wednesday to meet Iraqi officials on trade and…
The lira dropped nearly 3 percent on Tuesday after the United States halted delivery of equipment related to a Turkish order of F-35 fighter planes, warning…
Organization of the Petroleum Exporting Countries (OPEC) oil supply sank to a four-year low in March, a Reuters survey found, as top exporter Saudi Arabia over…
The World Bank expected Iraq and Yemen’s economies to witness a remarkable recovery in the coming period. Following the end of the war and the formation of…
Saudi Aramco announced it has established a Global Medium Term Note Program saying that US dollar-denominated senior unsecured notes may follow. The notes,…
Under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, the Global Aviation Summit 2019, organized by the General Authority of…
The unemployment rate among Saudis has dropped to 12.7 percent in the fourth quarter of 2018, according to the General Authority for Statistics (GAStat)’s Q4…
The UAE gross domestic product, GDP, grew by 1.7 percent in 2018 at constant prices of 2018 as compared to 2017, said Sultan bin Saeed Al Mansouri, Minister of…
Saudi Arabia’s economy grew in the fourth quarter of 2018 at its fastest rate since early 2016, statistics agency data showed on Sunday. The agency…
Department stores will provide one million jobs for Saudis by 2020, backed by the localization of national industry and introduction of female workers in shops…
Tunisia raised fuel prices by four percent on Saturday, following four consecutive hikes in 2018, in an effort to rein in its budget deficit and reduce it to…