RIYADH: Saudi Arabia will announce its 2016 budget next Monday, the Saudi-owned al-Arabiya television channel, which is close to the ruling family of...
RIYADH: Saudi Arabia will announce its 2016 budget next Monday, the Saudi-owned al-Arabiya television channel, which is close to the ruling family of...
Riyadh: Saudi Arabia’s crude oil exports in October rose by 253,000 barrels per day from September to 7.364 million bpd, official data showed....
BENGHAZI, Libya: The state oil company of Libya’s eastern government has signed a deal to sell 2 million barrels of crude to Egypt,...
Beach chairs seen in beach at Sharm-el-sheikh (AFP) DUBAI: A Saudi businessman is in talks with Egyptian authorities over a $4 billion tourism...
Kuwait City: Kuwait has said it will establish a free economic zone on five islands close to the shorelines of regional heavyweights Iraq...
Solar panels (picture for representation purpose only) By Stanley Carvalho ABU DHABI: Abu Dhabi's power utility is building a 350 megawatt (MW) solar...
By Matt Smith DUBAI: The delayed handover of about 6,000 homes in Dubai has helped rents remain flat so far in 2015 though...
ANKARA: The recent debate over the independence of the Turkish central bank is “overblown,” Prime Minister Ahmet Davutoglu said on Monday, and added...
DUBAI: Saudi Arabian dairy firm Almarai is interested in buying a majority stake in National Food Products Company (NFPC), four sources familiar with...
Traders monitor stocks at the Saudi Investment Bank in Riyadh. (file photo) Kuwait City: Share prices in the Gulf states tumbled to multi-year...
CAIRO: Egypt’s urban consumer inflation jumped to its highest level since June, data from the state statistics agency showed on Thursday, propelled by...
File picture for representation only ISTANBUL: Turkey's economy grew a higher-than-expected 4.0 percent year-on-year in the third quarter, official data showed on Thursday,...
DUBAI: Dana Gas said it and two other companies still had claims against the Kurdistan Regional Government (KRG) estimated at more than $11...
Representative image ISTANBUL: Turkish banks will be excluded from Russian sanctions, industry sources told Reuters on Monday, escaping a crackdown by Moscow that...
Egypt important to Israeli gas export plans Arbitration linked to Egyptian gas exports Egypt asks state firms to freeze talks Israeli firms continuing...
Egypt planning minister Tarek Kabil CAIRO: Egypt's economy grew 4.2 percent in the 2014/2015 fiscal year, up from 2.2 percent growth during the ...
Abu Dhabi: The UAE non-oil direct trade reached Dh534.1 billion in the first half of 2015, marking a 2 % year-on-year increase from...
London: Thomson Airways and Monarch on Monday said they were delaying the resumption of regular flights to the Egyptian Red Sea resort of...