Recent

Saudi Arabia believes that the decision to restore allowances to public sector employees is broadly positive for equities and is likely to boost consumption. (AFP/ Amer Hilabi)
April 26, 2017 - 18:00 GMT
Saudi Arabia claims that its decision to restore public allowances is likely to boost the economy.
Qatar Airways CEO Akbar Al-Baker. (AFP photo)
April 26, 2017 - 14:42 GMT
We have never seen him this angry.
The mother of Mohammed Allaan, a Palestinian prisoner who was on a long-term hunger strike, holds a portrait of her son during a rally calling for his release on August 9, 2015. (AFP/ Ahmad Gharabli)
April 26, 2017 - 13:58 GMT
The national committee in support of the striking Palestinian prisoners called for a boycott of Israeli products.
The project will help Iraq expand port facilities for the Persian Gulf. (AFP/ Haidar Mohammed Ali)
April 26, 2017 - 12:23 GMT
British energy company Petrofac has secured a multimillion-dollar oil contract in Iraq.
Qassim and Hail airports become the 16th, 17th airport run by the Turkish company both in Turkey and abroad. (AFP photo)
April 26, 2017 - 11:39 GMT
The company will be operating four airports in Saudi Arabia.
Egypt announced a new strategy in the way the country invests in education, with new sources of funding that would allow partnerships with the private sector. (AFP photo)
April 26, 2017 - 10:15 GMT
The Egyptian minister of planning said the country will increase education spending by 10 percent in the fiscal year 2017/2018.
Almarai's total net sales figure has been negatively impacted in Egypt by the devaluation of the Egyptian pound, and the significant decline in exports to Iraq due to border closures. (Almarai)
April 26, 2017 - 09:55 GMT
For the first quarter of 2017, Almarai net revenue grew by 4.7% in Saudi Arabia but much less in other countries.
The new ban will take effect from May 15, 2017, as unacceptable levels of pesticides were found in food imports from five Arab countries. (AFP/ Omar Salem)
April 26, 2017 - 09:05 GMT
The ban covers certain produce from Egypt, Oman, Jordan, Lebanon and Yemen.
A protester holds a poster depicting Russian President Vladimir Putin and reading “Putin, killer!” during a demonstration in Istanbul, on November 27, 2015. (AFP/ Cagdas Erdogan)
April 25, 2017 - 16:28 GMT
Growing Russian engagement in the Middle East have led many to speculate over the Russian agenda.
The deal will create hundreds of jobs and will help save up to $2 billion in gas that can be made available for sale in international markets. (GE)
April 25, 2017 - 15:07 GMT
Algerian utility Sonelgaz has signed a $3 billion gas deal with GE Power, a unit of General Electric.
The bodies of two Indian workers belonging to a now defunct construction company have been lying in a mortuary in Riyadh for months as their employer refused to bear the cost of repatriation. (Shutterstock)
April 25, 2017 - 14:27 GMT
The cancellation of visas and transportation cost are prime reasons behind the delay in repatriation of the dead bodies.
Egypt said it will launch a petrochemical complex, an oil refinery, an industrial complex for solar cells and another for wind turbines, as well as factories for textiles, foodstuffs, electrical appliances and motorcycles. (AFP/ Mohamed El-Shahed)
April 25, 2017 - 11:00 GMT
Egypt announced it will soon launch 30 projects in the Suez Canal Economic Zone worth $20 billion.
Ooredoo will list its shares on the Maldives Stock Exchange on April 30 with 40 percent of the shares available for subscription. (Ooredoo)
April 25, 2017 - 10:00 GMT
It looks like the Maldives have a stock exchange and Ooredoo plans to get listed there.
Turkish airport staff welcome Russian tourists at Antalya airport on July 9, 2016, a few months after the two countries clashed over a Russian warplane crash in Syria. (AFP/File)
April 25, 2017 - 09:25 GMT
Turkey will increase the length of visa-free stay for Russians to 90 days.
Egypt is set to finalize tenders for the mega project next month and award the contract to the winner in September this year. (File photo)
April 25, 2017 - 08:45 GMT
Global technology giants are in the race for a $1.6-billion power project being jointly developed by Saudi Arabia and Egypt.