The agreement aims to enhance cooperation in Islamic affairs, in order to increase religious and Islamic cultural awareness. (Islampos)
November 26, 2015 - 10:40 GMT
Egypt's leading Sunni Islamic institute has signed an agreement to open the Al Azhar College for Islamic Science and Dawaa in the UAE.
Russian President Vladimir Putin with Turkey's President Recep Tayyip Erdogan in Baku on June 13, 2015. (AFP/Ria Novosti/Alexei Druzhinin)
November 26, 2015 - 10:24 GMT
Russia is Turkey's main gas supplier, while Turkey is the largest joint buyer of Russian wheat. With $100B worth of bilateral trade targeted for 2020, much is at stake.
Etihad Airways placed ninth on the list of the most in demand employers in MENA. (Etihad)
November 26, 2015 - 09:00 GMT
A new survey by the professional networking site revealed that oil and gas, real estate, construction, transport, telecommunications and technology are the most in-demand sectors in MENA.
The expansion will include the building a new unit for electricity generation using steam inside the West Cairo Power Station. (Shutterstock)
November 26, 2015 - 08:00 GMT
The Saudi Fund for Development loans supplement grants by the Kuwait Fund for Arab Economic Development, to help meet Egypt's growing energy needs.
Syrian businessman George Heswani had already been sanctioned by the EU in March. (Inside Biz)
November 26, 2015 - 07:00 GMT
The US Treasure Department has sanctioned the Syrian owners of HESCO Engineering and Construction Company and two Russians for its business associations with Daesh and the Assad regime.
Royal Savoy Hotel and Villas, Sharm El Sheikh. (Sharm News)
November 26, 2015 - 06:06 GMT
Local operators in Egypt are complaining that foreign holiday packages are better value when compared to the high costs of domestic air travel.
Dubai plans to host over 25 million visitors during World Expo 2020. (Al Bawaba/File)
November 25, 2015 - 19:27 GMT
Dubai was officially declared as the venue for the World Expo 2020 at the 158th General Assembly of the Bureau International des Expositions (BIE) in Paris on Wednesday.
The pen can transform any wall into an interactive board. The young inventors hope teachers will use the pen in their classrooms. (Al Bawaba/File)
November 25, 2015 - 19:09 GMT
Three Emirati female students have invented a smart pen that can convert any wall into an interactive board.
Egypt exported €9M ($9.56M( worth of fruits, vegetables, and juices in the past nine months. (Twitter)
November 25, 2015 - 18:29 GMT
Over the past period, Egyptian-German commercial relations witnessed growth despite the problems facing the Egyptian economy.
Russian President Vladimir Putin, Defence Minister Sergei Shoigu and officials discuss the Russian MetroJet crash over Egypt's Sinai. (AFP/Sputnik/Alexei Nikolsky)
November 25, 2015 - 13:45 GMT
Following his two-day visit to Cairo, Russian Defence Minister Sergei Shoigu has confirmed Egypt's request to purchase arms in a rumored $1B deal.
The Binladin Group has been suspended from taking on new contracts following a crane accident at Mecca's Grand Mosque in September. (AFP/File)
November 25, 2015 - 13:10 GMT
One of Saudi Arabia's biggest construction firms has announced the immediate layoff of 15,000 staff in order to trim budgets affected by low oil prices.
The basis for negotiations is an estimated supply of not more than 4 BCM (billion cubic meters) of gas annually for 10-15 years. (Shutterstock)
November 25, 2015 - 12:40 GMT
US Noble Energy and the partners in the Leviathan gas discovery have signed a letter of intent with Egypt's Dolphinus Holdings
Governments are urged to pass cyber-specific laws and establish procedures for breach reporting. (Shutterstock)
November 25, 2015 - 12:00 GMT
A new report has seen a doubling in cybercrime in the first half of 2015, with the energy and telecom industries being the most targeted.
The oil market has been on the defensive in recent months amid uncertainty about how quickly the global glut of crude is set to shrink. (Shutterstock)
November 25, 2015 - 11:25 GMT
As OPEC prepares to convene on December 4, Saudi Arabia has pledged to work towards stabilizing the market, but analysts doubt that there will be plans to cut production.
The circumambulation area around the Holy Kaaba has been undergoing renovation for almost three years. (Skyscraper City)
November 25, 2015 - 10:55 GMT
Some 35,000 workers are putting the final touches on the circumambulation area and northern plazas of Mecca's pilgrimage site.
The attacks in Belgium and Paris, the downing of a Russian plane over Turkey and a US travel advisory weighs heavy on the markets. (Aleqt)
November 25, 2015 - 10:26 GMT
Global markets, travel and hospitality stocks slump in the wake of recent high-profile events.