August 24, 2016 - 13:00 GMT
The US Department of State approved the proposed $124 million sale of Mark V fast patrol boats, weapons, ammunition and training to Qatar.
August 24, 2016 - 12:00 GMT
Saudi Arabia continues its fundraising efforts with another SR20 billion domestic bond offer.
August 24, 2016 - 10:34 GMT
Kuwait’s Ministry of Electricity and Water have scrapped plans to build a nuclear power plant, arguing that alternative energy sources are more cost effective.
August 24, 2016 - 09:30 GMT
Kuwait will finance $293M to build 1247 housing units in Bahrain while the UAE will fund housing and infrastructure projects worth over $102M.
August 24, 2016 - 08:30 GMT
The ratings agency forecasts short-term effects of higher oil prices would led to narrower fiscal and current account deficits than it previously expected, GCC sovereigns' credit profiles would remain under stress.
August 24, 2016 - 07:26 GMT
The state-owned carrier is in the midst of a turnaround and could sell as much as 51 percent of the airline to Nepalese or foreign investors and retain minority ownership.
August 24, 2016 - 06:00 GMT
The long-awaited project will help boost the two countries’ total power-generation capacity by linking the power stations in the city of Badr in Egypt, and the two Saudi cities of Medina and Tabuk.
August 24, 2016 - 05:21 GMT
The Sudanese government is pulling out all the stops to facilitate procedures for gold mining investors from Qatar, UAE and Saudi Arabia.
August 23, 2016 - 13:30 GMT
The deal follows Egypt's appeal to Arabia last week to help provide financial aid in order to meet the terms of a $12B IMF fund facility.
August 23, 2016 - 12:30 GMT
Grants for the education sector from the UK's DFID, USAID, and the Norwegian and Swiss governments followed their commitments at the London donor conference.
August 23, 2016 - 11:30 GMT
The arrival of a Russian delegation to Egypt to inspect airport security will be followed by an International Civil Aviation Organisation inspection at the end of 2016.
August 23, 2016 - 10:17 GMT
A 40km long bridge between Al Ahsa and Bahrain, and a 25km long bridge Al Ahsa and Qatar was first proposed in May.
August 23, 2016 - 08:30 GMT
A new joint venture between Etisalat and Dubai South aims to cater for the rising demand for cybersecurity amid reports that the UAE is one of the top three most targeted countries for cyber attacks.
August 23, 2016 - 07:30 GMT
The natural beauty and low prices of Eastern Europe are proving to be a big draw for Saudi tourists, in comparison to the high costs of domestic tourism.
August 23, 2016 - 06:40 GMT
The Omran project spans 2.2-sq-km and will offer residential units, recreational facilities a beachfront luxury resort hotel and a boutique hotel.