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…
The Saudi Electricity Company signed Wednesday a SR15.2billion ($4 billion) joint financing deal provided by six local banks. "This medium-term financing…
The Saudi-India Forum kicked off in New Delhi on Wednesday on the sidelines of the official visit to India by Crown Prince Mohammed bin Salman, Deputy Prime…
The Saudi-Indian Joint Business Council met in New Delhi on Wednesday under the chairmanship of the President of the Council of Saudi Chambers Dr. Sami Al…
The Saudi Ministry of Communications and Information Technology signed in New Delhi on Wednesday two memorandums of understanding (MoU) with the largest Indian…
Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, met in New Delhi on Wednesday with a number of CEOs of major Indian companies…
The Ministry of Industry and Trade of the Russian Federation has announced that the first eight firms have penned partnership deals to operate the Russian…
Egypt’s Minister of Finance Mohamed Moeit said that Egypt has received offers for launching dollar bonds, without providing further details. "We started in…
Egypt has issued $4 billion in dollar-denominated bonds with maturities of five, 10 and 30 years in a sale that was five times oversubscribed, the Finance…
The hospitality sector of the Saudi city of Jeddah will continue to grow, according to a new report released by real estate consultancy firm CBRE. CBRE’s…
Lebanon has nominated investment banker Ziad Hayek as a candidate for president of the World Bank, mounting the first challenge to US President Donald Trump's…
Uber has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday, a move that may help resolve a long-simmering feud with…
Saudi Minister of Energy, Industry and Mineral Resources Khalid al-Falih signed on Monday several memoranda of understanding (MoUs) with Pakistan during the…
Alkhabeer Capital, a prominent asset management company specializing in alternative investments, announced Sunday that Alkhabeer REIT has signed a facility…
Tunisia’s economy grew 2.5 percent in 2018 compared with 1.9 percent in the previous year, the state statistics institute said. However, this came below than…
Standard and Poor’s (S&P) maintained Turkey’s sovereign ratings at a stable outlook. In a report published later this week, the credit rating agency said that…
Turkey's Central Bank on Saturday lowered the level of lira reserves that banks must hold against deposits, while also raising the limit of gold that lenders…
The Egyptian Central Bank’s Monetary Policy Committee (MPC) said it has cut its main interest rates by a percentage point each, the first such move since March…
Tunisia’s government is working to limit the number of civil servants after claims that Tunisian state institutions have incurred financial losses of up to 6.5…
Saudi Basic Industries Corporation (SABIC) has introduced a series of smart techniques and practices that help farmers enhance efficiency, production and…
The Saudi Arabian Monetary Authority (SAMA) launched "Tanfeeth" program that aims to provide a direct link between the technological systems of government and…
Saudi Aramco and Total have signed an agreement to develop a network of retail fuel service stations in Saudi Arabia. The joint venture (JV) plans to invest…
Moody's Investor Service said Tuesday that Egypt is prone to shocks of interest rates during the coming period due to high borrowing costs and large financing…
Saudi Arabia will host the International Civil Aviation Conference 2019, reported the Saudi Press Agency on Thursday. The event will be held under the…
Trade exchange between Morocco and Saudi Arabia rose 37.14 percent during the first nine months of 2018 to reach MAD9.64 billion (USD1.01 billion) compared to…