In April 2017, Tunisia announced a new investment law that aims to ensure equity between domestic and foreign investors. (File photo)
April 23, 2017 - 20:00 GMT
Foreign direct investment in Tunisia grew by 16.6 percent in the first quarter of 2017.
Bebe lost $13 million in the first half of its fiscal year. (Shutterstock)
April 23, 2017 - 16:59 GMT
Fashion retailer Bebe said it plans to close all its stores by the end of May.
The new plant is expected to contribute to solving the problem of transmission bottlenecks in Al-Baqair and Soba industrial zones. (File photo)
April 23, 2017 - 16:43 GMT
Sudan signed a $200 million loan agreement to build a new power station in the suburbs of Khartoum.
The current balance of trade is not in Lebanon’s favor. (Shutterstock)
April 23, 2017 - 16:15 GMT
Lebanon has signed a new agreement with Russia to facilitate the entry of more Lebanese-made goods.
A fresco at Quseir Amra desert castle near the capital Amman. (Pixabay)
April 23, 2017 - 15:34 GMT
Jordan announced that its tourism revenues rose by 14 percent in the first quarter of 2017.
The gold mine is owned by the Saudi Arabian Mining Company (Maaden) and will be joining other operating gold mines owned by the company. (Shutterstock)
April 23, 2017 - 14:43 GMT
Saudi Arabia is launching its biggest gold mine ever.
The French will go to the polls today to pick their new president. (AFP/ Joël Saget)
April 23, 2017 - 13:38 GMT
Hollande has failed on so many fronts, but his inability to revive the economy must have been his biggest failure ever.
King Salman has sacked key officials, including the head of the army embroiled in Yemen's conflict. He's also scrapped cuts made last year to state employees' pay, prompted by oil revenue falls. (AFP/ File)
April 23, 2017 - 13:01 GMT
King Salman initiated wide-ranging shake-ups via royal decrees late Saturday.
GCC IPOs witnessed in 2016 were the lowest registered in the last decade as a result of declining oil prices and heightened economic uncertainty. (Shutterstock)
April 23, 2017 - 12:11 GMT
Experts expect to see more GCC IPOs going forward as the global economy stabilizes.
There are about 60 Turkish companies working in Qatar, participating in 35 projects with a turnover of about $14 billion at the end of 2016. (AFP/ Marwan Naamani)
April 23, 2017 - 11:35 GMT
Turkish companies want larger involvement in Qatar's mega projects ahead of the 2022 FIFA World Cup.
Not being a producer of oil, Ras Al Khaimah has focused on developing its industrial sector, particularly mining and exporting iron ore. (AFP/ Christian Sprogoe)
April 23, 2017 - 10:17 GMT
Foreign trade in Ras Al Khaimah grew by 11.8 per cent in 2016 compared to 2015, according to a new report.
OPEC and non-OPEC countries signed a deal last November aimed at cutting production by 1.8 million barrels a day. (AFP/ Joe Klamar)
April 23, 2017 - 06:00 GMT
Oil prices have stabilized after Saudi Arabia and Kuwait signaled that a deal to extend oil production curbs was in the pipeline.
Early marriage, child recruitment and prostitution levels are on the rise in Yemen as a direct result of poverty caused by war. (AFP/ File)
April 22, 2017 - 21:43 GMT
In Yemen, people are not able to pay their rent, utilities and hospital bills or for groceries.
The Sudanese pound has lost 100% of its value since South Sudan’s secession in 2011, pushing inflation rates to record levels given that the country imports most of its food. (AFP/File)
April 22, 2017 - 21:26 GMT
Inflation in Sudan jumped to almost 35 percent in March, its highest level since South Sudan's secession in 2011.
Transferring money in and out of Iran became complicated as a result of years of restrictions as well as US primary sanctions. (Pixabay)
April 22, 2017 - 20:15 GMT
Bitcoin and other cryptocurrencies could be used to send funds in and out of Iran.
Iraqis evacuate a body from the site of a suicide car bombing claimed by the Islamic State on July 3, 2016 in Baghdad's central Karrada district. (AFP/ File)
April 22, 2017 - 19:57 GMT
The average Iraqi civil servant worked only six months in 2016 with the rest of the year off.