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…
Bahrain enacted on Tuesday Model Law on Electronic Transferable Records (MLETR), developed by the United Nations Commission on International Trade Law …
Saudi Arabia is studying an expansion of a regional gas network with UAE and Oman, following an increase in the estimates of the Kingdom’s energy reserves,…
The NEOM Founding Board, chaired by Crown Prince Mohammed bin Salman, Deputy Prime Minister, Minister of Defense and Chairman of Board of Directors of Public…
Unemployment in Turkey reached its highest rate in 19 months reaching 11.6 percent in October 2018, the Turkish Statistical Institute said on Tuesday. The rate…
The Tunisian government is looking to raise revenues from mining activities, mainly the strategic phosphate sector, and plans to reach about 5 million tons of…
Lebanon’s central bank aims to keep the exchange rate of its pound currency stable in 2019, the bank’s governor Riad Salameh said on Wednesday. Lebanese…
Saudi Arabia’s Tadawul All Share rose 0.9 percent on Tuesday and closed at 8,347 points, rising 77 points. This was the highest closure in around six months…
The Organization of the Petroleum Exporting Countries and its allies will meet on April 17-18 in Vienna to review their oil supply cut deal, a source familiar…
The Abu Dhabi Future Energy Company (Masdar) has announced the execution of a share purchase agreement (SPA) to acquire John Laing Group plc’s interest in two…
The economic growth rate in Tunisia is expected to stand at 2.9 percent in 2019 given the reforms undertaken and the pick-up in tourism flows, said a recent…
The Saudi Organization for Industrial Cities and Technology Zones (Modon) signed an agreement with a technology company for advanced materials to host the…
A report by the National Bank of Kuwait expected the GCC countries to reach a 2.3 percent growth in 2019 and 2.6 percent in 2020. Non-oil growth is…
Abu Dhabi Sustainability Week 2019 discussed solutions for the current challenges the world is facing and new opportunities to address global sustainability…
EFG Hermes and Citi will manage the sale of a stake in Alexandria Container and Cargo Handling, a government official said to Reuters on condition of…
The Saudi Arabian General Investment Authority (SAGIA) said that the number of licensed investments increased by 99 percent in 2018, and the number of…
Saudi Energy Minister Khalid al-Falih said on Sunday the oil market is “on the right track” and will quickly return to balance, but oil producers are willing…
Egypt plans to issue between USD3 billion and USD7 billion worth of international bonds in the first quarter of the year, said Egyptian Minister of Finance…
Saudi Arabia aims to increase its renewable energy production to 60 gigawatts, including 40 GW from solar energy and 20 from wind and other sources by 2030. …
Bahrain's National Oil and Gas Authority (NOGA) and Italy's Eni have signed a memorandum of understanding (MoU) on pursuing petroleum exploration of Block 1,…
UAE Minister of Energy and Industry Suhail al-Mazrouei said Saturday that the oil market will witness more price corrections by the end of January 2019,…
Saudi Minister of Energy, Industry and Mineral Resources Khalid al-Falih discussed in Pakistan on Saturday final arrangements for a co-signing bilateral…
Egypt's real estate sector contribution to the gross domestic product (GDP) would be stable at 17 percent in 2019, and for the 30 coming years, the sector is…
Trading and mining giant Glencore (GLEN.L) has lost its exclusive marketing rights for two of Libya’s main crude oil export grades after holding them since…
Saudi Arabia's Aramco announced Friday cutting the local price for Octane 95 gasoline to 2.02 riyal per liter. The change goes into effect on January 12…