Saudi stocks closed higher on Monday, recovering some of the losses sustained in the previous session as heavyweight shares strengthened and the banking sector…
Tesla will have to refund Cybertruck deposits for many customers as orders far exceed production capacity, CEO Elon Musk said, following last week's…
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…
Egypt’s state revenues grew by 35.5 percent in the first quarter of this fiscal year, putting the government on track to achieve its targeted primary budget…
Jordan has started on Thursday imposing customs duties on imports from Turkey after terminating a free trade agreement between the two countries. …
Fitch Ratings has affirmed the growth of the Kingdom of Saudi Arabia's economy at 'A+' with a Stable Outlook. The affirmation of the ratings and Outlook were…
The number of Saudi female workers in the national trade sector increased by 2 percent during the second quarter of 2018. The number of Saudi Arabia’s trade…
Jordan’s Upper House of Senate approved Wednesday tax bill amendments, proposed by its Finance and Economic Committee, to impose a fixed tax of 10 percent on…
Saudi Aramco is expected to announce 50 investment opportunities during its 4th annual forum for the In-Kingdom Total Value Add (IKTVA) program on November 26…
The European Commissioner for Climate and Energy, Miguel Arias Canete, began a visit to Algiers on Tuesday for high level meetings to restart the energy…
Egypt’s budget deficit for the first quarter of the 2018-2019 fiscal year starting in July was slightly down to 1.9 percent from 2 percent last year, Finance…
The Saudi Public Investment Fund (PIF) announced on Tuesday the launch of the Wadi Al Disah Development Project, located within the Prince Mohammed bin Salman…
Saudi Crown Prince Mohammed bin Salman will attend the G20 summit in Argentina at the end of this month as part of a foreign tour, Saudi Minister of Energy,…
Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan marked on Monday the completion of the offshore phase of the Turkish Stream Project…
Shares in Sound Energy PLC dropped on Monday as the company said it will abandon the TE-9 well in Morocco after it failed to find gas. The share price in…
Tamnoush, an Iranian company that makes fizzy drinks, has shut down its production line after 16 years and laid off dozens of workers. It was facing massive…
A senior delegation from Bahrain led by the Capital Governor Sheikh Hisham bin Abdulrahman Al Khalifa and organized by the Bahrain Economic Development Board …
The Council of Saudi Chambers has expected the coming period to witness a surge in Saudi commodities and products into the Iraqi market. Dr. Sami bin…
The International Monetary Fund (IMF) has reconsidered its earlier assessment of the Lebanese economy and reduced growth expectations from 1.7 percent to only…
Jordan’s lower house of parliament approved a new IMF-backed tax law on Sunday after Prime Minister Omar Razzaz warned that the country would pay a heavy price…
Domestic institutions have surged around SAR1.07 billion (USD285.3 million) in the Saudi stocks market during the past week, while foreign investor property in…
Jordanian Minister of Industry, Trade and Supply Tareq al-Hammouri and Iraqi Minister of Industry and Minerals Saleh al-Jabouri have agreed on the required…
Egypt is looking to use its vast, newly tapped undersea gas reserves to establish itself as a key energy exporter and revive its flagging economy, said an AFP…
Ajmera Realty and Infra India Limited jointly with Mayfair Housing and Bahrain's Kooheji Golden Gate Developers have inaugurated the highly anticipated Golden…
The National Commercial Bank (NCB), known as al-Ahli Bank, signed a Memorandum of Understanding (MoU) with Saudi Basic Industries Corporation (SABIC) to…
Egypt’s Deputy Minister of Electricity and Renewable Energy Osama Asran said that the Egyptian government endorses an ambitious program to support local…
The Tunisian government, which received the parliament’s vote of confidence this week, faces a number of economic and social challenges amid a record trade…