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…
US President Donald Trump is expected to nominate Treasury Department official David Malpass to head the World Bank, according to senior administration…
The Saudi Energy Efficiency Center (SEEC) has registered great improvement in Saudi fuel consumption in the transportation sector over the period of 2015-2017…
A joint protocol to boost economic partnership in the fields of industry, trade policies, investment, energy, environment, transport, infrastructure and…
Morocco's bank lending rose 3.22 percent in 2018 to 870 billion dirhams ($91.6 billion), according to Bank al-Maghrib. Currently, bank lending accounts for…
Oil prices jumped to their highest level in 2019 on Monday following expectations of a tightening of global supply due to US sanctions on Venezuela and…
US dollars are being offered in Lebanon's local market to buy Lebanese pounds since the formation of a new government, Lebanese al-Jadeed television quoted the…
The Central Bank of Algeria on Sunday issued into circulation two new banknotes at denomination of 500 and 1,000 Algerian dinars, as well as a new coin with…
Saudi Arabia’s General Authority of Civil Aviation (GACA) has launched eight initiatives targeting various sectors in the fields of civil aviation and…
Iraq's oil ministry announced on Sunday the details of the agreement signed last week with the Basra Oil Co. and state-owned Iraqi Drilling to drill 40 oil…
Gulf Cooperation Council (GCC) countries are doubling their efforts to further enhance low- and middle-income households’ ability to own affordable housing, as…
The Abu Dhabi National Oil Company (ADNOC) announced the signing of an agreement with Occidental Petroleum which will look for oil and gas in the onshore block…
Algerian Prime Minister Ahmed Ouyahia revealed Saturday that the country’s reserve of foreign monetary dropped to less than USD80 billion. In a news…
Prime Minister's adviser in charge of tax reform Faisal Derbal has revealed that tax evasion is estimated to reach TND25 billion (around USD8.3 billion) in…
The economy of the United Arab Emirates has started to recover from the 2015-2016 slowdown caused by the oil-price slump, according to the International…
Iranian crude oil imports by Asia's top four buyers dropped to the lowest volume in three years in 2018 amid US sanctions on Tehran, but China and India…
Alliances Developpement Immobilier (ADI) proposed rescheduling stumbling debts of 2011, 2012 and 2015 through the issuance of new borrowing bonds. The value…
The National Center for Performance Measurement “Adaa” implemented in 2018 a series of training programs in managing and measuring performance. The training…
Chief Executive Officer of Neom Nadhmi al-Nasr said that a comprehensive strategy for Neom project will be announced within the next five months in addition to…
Participants in the Saudi-UAE Economic Forum, hosted by Riyadh on Thursday, discussed investment opportunities in trade, industry, technology, banking and…
Saudi Aramco with its French partner Total have signed a Memorandum of Understanding (MoU) with South Korean petrochemical company Daelim. Under the MoU,…
Carlos Ghosn said Nissan executives opposed to his plans for closer ties with automaking partner Renault SA resorted to “plot and treason” to disrupt them and…
Saudi Arabia's banks denied news over potential bank merger deals in the coming period, except for what was announced earlier on the deal between SABB Bank and…
Saudi-Moroccan Business Council discussed on Tuesday launching a maritime shipping line to link the two Kingdoms, setting up a joint investment company to…
Saudi Aramco signed a Joint Development and Collaboration Agreement (JDCA) with Axens and TechnipFMC to accelerate the development and commercialization of the…