April 22, 2013
Mexican business tycoon Carlos Slim, the world’s richest man, is planning to pump billions of dollars of investment into Saudi Arabia.
Subsidies and public sector salaries among expense items that could be squeezed in move to secure Egypt's $4.8 billion IMF loan.
April 21, 2013
Lebanon successfully closed a $1.1 billion eurobond issue Thursday with 20 percent of the bond snapped up by foreign investors, the Finance Ministry said in a statement.
Air Arabia's passenger numbers hit new highs in the first quarter of this year.
Figures reveal that a major source of foreign currency revenue earned Egypt 12.3 percent less in March than previous year.
Reports that a Middle East Airlines aircraft was struck by lightning are false, according to a well placed source.
No agreement has been reached on a $2bn loan from Russia following President Mohamed Morsi’s visit to the country, said Minister of Industry and Foreign Trade Hatem Saleh on Friday
Hot air balloon flights have resumed in Luxor, Upper Egypt for the first time since an accident killed 19 tourists in February.
A source at Middle East Airlines on Friday confirmed reports it was negotiating with Cyprus Airways to acquire the company’s assets and said the results of these talks would appear by the end of May.
Jordan's new plan to combat poverty in the country has been slammed as "inadequate".
Negotiations between Egypt and the International Monetary Fund are not over yet, IMF chief Christine Lagarde told reporters in Washington on Thursday.
April 18, 2013
Tech giant Apple has lost its title as the world's most valuable publicly traded company after the firm's shares fell below 400 dollars for the first time in a year and half.
The World Bank is to offer a low interest, long-term $70 million loan to Jordan to help finance micro-projects and SMES.
Riyadh expressed its optimism for the upcoming tourism season in Lebanon if the positive atmosphere is maintained in the country, Saudi Ambassador to Lebanon Ali Awad Asiri said in remarks published Thursday.
Jordanians have purchased over 500 kilos of gold over the past two weeks following a sharp dip in the prices of the precious metal on the global market, according sector leaders.