Kuwait City: Kuwait has awarded projects worth a record $30 billion so far this year despite the sharp fall in oil income, officials...
Kuwait City: Kuwait has awarded projects worth a record $30 billion so far this year despite the sharp fall in oil income, officials...
By Hamid Ould Ahmed ALGIERS: Algeria’s energy earnings are forecast to fall to $26.4 billion next year while foreign exchange reserves will dip...
Cairo: Egypt's trade deficit fell 26 percent to LE27.9 billion in August of 2015 down from LE37.5 billion in the same month last...
Riyadh: A firm owned by a Saudi prince said Wednesday it has injected 49.2 million euros ($52.37 million) into the struggling Euro Disney...
Turkey's President Recep Tayyip Erdogan (L) Malaysian Prime Minister Najib Razak shake hands before the G20 Summit in Antalya, Turkey 15 November 2015....
Cairo: Egypt's unemployment rate fell to 12.8 % in the three months ending September 30th from 13.1% in the same period a year...
Dubai: GCC petrochemical exports to China rose to 13.37 million tonnes, valued at $15.15 billion in 2014, recording a 5% increase compared to...
Amman: Germany has allocated 127.9 million euros as additional aid in grants, technical assistance and soft loans that target "substantially important sectors for...
Amman: Jordan's bank deposits increased 6.5% to 32.24 Billion dinars for the period ended September 30, compared with 30.261 Billion dinars during the...
Abu Dhabi: Abu Dhabi National Energy Company (Taqa) posted a third-quarter loss, although its top managers highlighted some operational improvements. Taqa reported a...
Tehran: Iran will double gas exports to neighbouring ally Iraq from 2017 under a contract signed on Wednesday. The deal, to send 20...
By Fatma Alarimi Muscat: Oman Telecommunications Co (Omantel) plans to sell 50 million rials ($130 million) of Islamic bonds by early 2016 in...
Abu Dhabi: Emirates could issue a conventional or Islamic bond in 2016 to raise as much as $1 billion (Dh3.67 billion) to be...
Riyadh: Saudi Finance Minister Ibrahim Al-Assaf said here on Sunday that there is a strong need to intensify trade cooperation between the Arab...
Abu Dhabi: Abu Dhabi National Energy Company (TAQA) has begun selling electricity from its hydro power project in north India, which will provide ...
Riyadh: Moody's Global credit rating agency today announced fixing the sovereign rating of the Kingdom of Saudi Arabia at high credit grade of...
Riyadh: Saudi billionaire Prince Alwaleed bin Talal's Kingdom Holding Company announced Sunday the sale of its almost 30-percent share in a press group...
Dubai: The total number of overnight stays in UAE hotels will reach 51.5 million by the end of this year; up 5.7 percent...