January 21, 2013
Yemen's parliament approved the budget for the 2013 fiscal year worth $13 billion
Egyptian stocks rose only slightly on Sunday following an uneven week, despite experts' predictions that a proposed deal between a Bill Gates-led group and Egypt's OCI would fire the exchange.
January 20, 2013
Turkey has reportedly lifted ban on a Turkish cargo plane carrying Ghana’s commitments to Iran in gold, which had been locked up for lacking proper documents.
Saudi Arabia’s inflation this year is expected to reach 4.3 percent year-on-year down from 4.5 percent in 2012, say economic analysts.
The United Arab Emirates current oil production is 2.6 million barrels per day, according to Energy Minister Mohammad Bin Dhaen Al Hamili.
Iraq has reopened its border with Jordan, allowing goods trucks to move across the border, after it was closed on January 9.
A $6.5 billion European Union loan to Egypt will only be granted once the International Monetary Fund has signed its own $4.8 billion loan to the country.
Gunmen in southeast Yemen have blown up an oil pipeline that transports some 8,000 barrels per day to export terminals on the Gulf of Aden, suspending operations, a local official said on Saturday.
Libyan officials have said that Libyan oil and gas installations are extremely secure and played down any threats of similar attacks such as that happened in Algeria during the last four days.
An American army general has warned against Iranian cyber attacks, saying they were turning the Islamic Republic into a 'force to be reckoned with'.
Egypt's Nuclear Materials Authority says the discovery of huge amounts of uranium ore could help improve the country's flagging economy.
The IMF is currently reviewing Egypt's new procedures for reducing its budget deficit as a prerequisite to resuming talks that would finalise the $4.8 billion loan deal, says Masood Ahmed, IMF's director of the Middle East and Central Asia department.
January 17, 2013
Saudi Arabia will send the cash-strapped Palestinian Authority $100 million to help alleviate its financial crisis, the official Palestinian news agency WAFA reported.
Turkey is sending increasing numbers fo workers abroad to for employment, with the Middle East gaining the lion's share.
Jordan and Iraq have discussed the possibility of setting up an economic free zone between the two countries.