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…
The Ministry of Planning, Monitoring and Administrative Reform in Egypt said that a competent committee has been formed including a number of legal experts and…
Egypt’s finance ministry has prepared a new customs draft-law and sent it to the ministry of commerce and industry to present it to the commercial and…
Minister of Energy, Industry and Mineral Resources Khalid al-Falih has dismissed speculation surrounding the cancellation of Saudi Aramco’s IPO as not true. …
Kuwait and Iraq will appoint consultants soon to study the development of shared oil fields, Kuwaiti Oil Minister Bakhit al-Rashidi said in a speech on…
US corporation Apache has announced plans to increase its annual oil and natural gas exploration investment in Egypt to about 1 billion dollars, Egypt’s…
Data representing Arab countries’ digital infrastructure and internet services showed great differences when going from one country to another. While Gulf…
Oil exports from southern Iraq are on course to hit another record high this month, two industry sources said, adding to signs that OPEC's second-largest…
Saudi exports of crude oil rose to 7.240 million barrels per day in June from 6.980 million barrels per day in May, official data revealed on Monday. …
For Mazen Rahhal, a shop owner in a bustling district of Beirut, Lebanon's economy has seldom felt more precarious. In one store, he sells clothes at a…
Turkish efforts to save the plunging lira are unsustainable in the long term given the existing US sanctions, economic and banking experts said. The…
President Abdul Fattah al-Sisi ratified on Monday a law on the establishment of the Egypt Fund after it was approved by parliament. The independent Fund…
Economists said it is highly probable that Riyadh will outdo Ankara on the list of most attractive countries for foreign direct investment for 2018, to be…
Industrial investment companies, whose shares are listed in the Saudi exchange market, achieved a remarkable leap on the level of profits during the first half…
Egypt’s central bank left its main interest rates unchanged, saying a second quarter of strong GDP growth and an expected decline in inflation to single digits…
Tunisia’s national economy grew 2.6 percent in the first half of this year, compared to 1.9 percent in the same period of 2017, the National Institute of…
Saudi Aramco, the world's leading integrated energy and chemicals company, released on Friday its 2017 Annual Review, highlighting strategic achievements that…
Saudi Arabia increased its holdings of US government debt by around $2.8 billion in one month, reaching $164.9 billion in June 2018. It was the highest…
The Beirut Traders Association has warned that several businesses could shut down over the deteriorating economic situation in the country. BTA-Fransabank…
Egypt has transformed into a haven for debt investors from a crisis zone in less than two years, Bloomberg reported, in reference to the Egyptian pound, which…
Royal Air Maroc (RAM) reached an agreement with the Moroccan Pilots Association (AMPL) after more than three weeks of serious disruptions that have hit Morocco…
The ministers of finance of the UAE, Saudi Arabia, and Kuwait reaffirmed Wednesday their countries’ commitment to supporting the financial stability of Bahrain…
Saudi Aramco announced on Wednesday that over 90 percent of Jazan refinery project has been completed. The refinery is expected to enter operation and…
Algeria has signed deals to provide gas to Spain and to Italy's Eni as it negotiates new gas contracts with European partners, the head of Algerian state…
US politicians have been so far unable to convince many of their allies to cut their purchases of Iranian oil to zero by November 4. Analysts say that the…