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 Central Bank announced it was lifting a five-year ban on banks property loans to individuals and companies. The decision will enable grant mortgages to…
The Saudi Arabian Monetary Agency (SAMA) issued rules for governing the activity of banking agency, which sets the legal framework for providing banking…
The former chairman of Nissan Motor Co., Carlos Ghosn, left on Wednesday the Tokyo Detention Center after posting 1 billion yen ($8.9 million) bail. The…
Lebanon has withdrawn its nomination of Ziad Alexandre Hayek to run for World Bank president, but the government privatization official said he is trying to…
OPEC and its partners are unlikely to decide on their output policy in the upcoming April meeting as it would be too early to get a clear picture of the impact…
Libya's National Oil Corporation said will resume production within hours at the southwestern Sharara oil field. This came after control was retaken from an…
Road development projects continue to be among the largest infrastructure investments across the Gulf region and remain a top priority for governments in line…
The Egyptian government is contemplating plans to attract new US investments, expressing its willingness to take any exceptional measures that encourage the…
Inflation in Turkey has dropped below 20 percent for the first time since August 2018, reaching 19.67 percent in February, the Turkish statistics office (TUIK)…
The fifth generation (5G) is expected to reach 30 million subscriptions for enhanced mobile broadband in the Middle East and Africa (MEA) by the end of 2024,…
Egypt’s top cigarette maker Eastern Company SAE obtained approval from Egypt’s Financial Regulatory Authority to offer an additional 4.5 percent of its shares…
OPEC oil supply fell to a four-year low in February, a Reuters survey found, as top exporter Saudi Arabia and its Gulf allies over-delivered on the group's…
Jordanian King Abdullah II said Thursday there is no doubt the last few years have been challenging, yet Jordan remained prosperous and set for an exciting…
The Saudi Arabian Monetary Authority (SAMA) possessions reached in January around SAR1.87 trillion (USD496 billion), a drop of SAR33.5 billion (USD8.9 billion)…
Jordan’s net public debt rose six percent by end of last year, reaching JOD26.9 billion (USD37.9 billion) compared to JOD25.4 billion en of 2017. Jordan’s…
The Abu Dhabi National Oil Company (ADNOC) announced that it is building the world’s largest single underground project ever awarded for oil storage, with a…
Saudi Telecom Company (STC) signed three major deals to deploy 5G network in Saudi Arabia and develop services with Nokia, Huawei, and Ericsson at the Mobile…
All e-services related to the Saudi General Directorate of Passports will be launched in 2020 without the need for traditional revision, Assistant Director…
Eng. Abdullah bin Amer Al-Swaha, Minister of Communication and Information Technology, disclosed that the Kingdom of Saudi Arabia is moving forward to get…
The opening of a branch for Standard Chartered Bank in Saudi Arabia indicates the strength of Saudi economy and the attractiveness of its market for…
The purchasing power of Moroccan households improved during 2018 after adjusting its inflation rate to 1.9 percent in December 2018 from 2.3 percent in…
Egyptian Oil Minister Tariq Al-Mulla said on Tuesday that he has reached an agreement with Saudi state-run oil company Aramco to extend the supply of crude to…
The Abu Dhabi National Oil Company has signed three framework agreements with Korean energy companies, ADNOC said Tuesday. “The agreements will explore…
Saudi Aramco President and CEO Amin Al-Nasser stressed on Tuesday that the energy sector faces greater reputational challenges than any other to correct a…