Main headlines

April 4, 2013

Libyan oil authorities are investigating the cause of blast that occurred on Tuesday night. (FIle Photo)
11:47 GMT

Libyan oil authorities, in coordination with foreign oil companies, are investigating the cause of blast that occurred on Tuesday night.

Arab countries need to pursue economic reform to strengthen their economies, according to the   head of the World Union of Arab Bankers
09:59 GMT

Arab countries must pursue economic and political reforms and improve their infrastructure in order to strengthen their economies, the head of the World Union of Arab Bankers said Wednesday.

Trading in Arab Bank helped push the Amman Stock Exchange to record highs on Wednesday
09:36 GMT

Trading volumes on the Amman Stock Exchange (ASE) hit a record level on Wednesday due to the internal transfer of Arab Bank shares held by Lebanon's Hariri family.

Egypt is expecting to sign an a deal with the IMF within weeks, according to state backed media
09:18 GMT

Egypt’s government expects an agreement on a $4.8 billion loan from the IMF within weeks, as protestors gathered in Cairo to oppose the deal.

Industry sources say fuel smuggling from Syria is harming Lebanon's industry
08:53 GMT

Up to a million liters of smuggled low-quality gasoline has been pouring into Lebanon from Syria on a daily basis since mid-March, industry sources claim.

Apple could unveil its new iPhone in the summer, according to reports
03:55 GMT

Apple is planning to begin production of a new iPhone similar in shape and size to its latest version, the Wall Street Journal reported yesterday.

April 3, 2013


The IMF could ask for further economic restructuring in Egypt
13:35 GMT

The International Monetary Fund (IMF) will suggest additional economic reforms as part of its conditions for granting Egypt a $4.8 billion loan, an IMF official told Ahram's Arabic news website on Tuesday.

The British defense secretary is in Libya trying to sell arms to the country after its decision to upgrade the military
13:15 GMT

The British Defence Minister arrived in Libya in an effort to boost arms sale to the country, just days after the post-revolution state announced plans to upgrade its military.

Qatar has prepared a world trade agreement ahead of the World Chambers Congress in Doha.
12:55 GMT

Qatar has prepared an extensive world trade agreement draft ahead of the World Chambers Congress in Doha.

Protests are planned against the loan Egypt is seeking from the IMF
10:34 GMT

The Socialist Popular Alliance Party will participate in Wednesday's protests against the loan Egypt is seeking from the International Monetary Fund (IMF).

Bahrain is a high growth market for Saudi Arabian Airlines , as traffic between the two kingdoms surges
10:07 GMT

Bahrain is a high growth market for Saudi Arabian Airlines (Saudia) as air traffic between the two kingdoms continues to surge, the Saudi national carrier's top official said.

Plan to boost capital to Arab development bodies is to be implemented
09:37 GMT

A plan to boost the capital of Arab development funds by at least 50 percent is to be implemented over the next five years.

Hundreds protested in Cairo over the increase in the cost of cooking gas
09:08 GMT

Hundreds of cooking gas cylinders distributors protested in Cairo on Tuesday following a decision to increase the price by 60 per cent, the first price rise in twenty years.

Lebanon’s Internet connection speeds could leap to 20 megabits per second within the next three months
08:32 GMT

Lebanon’s Internet connection speeds could leap to 20 megabits per second within the next three months, the head of a large ISP revealed.

Jordan's decision to reintroduce a supply portfolio in the newly formed government is being criticised by trade bodies.
03:35 GMT

Jordan's decision to reintroduce a supply portfolio in the newly formed government is being criticised by trade bodies.