January 19, 2017 - 12:00 GMT
Analysts expect most GCC states to press ahead with substantial budgetary cuts from 30 per cent upwards in order to maintain balanced budgets regardless of signs of a gradual recovery in oil prices.
January 19, 2017 - 11:00 GMT
UAE minister Mohammed bin Abdullah Al Gergawi released 'The State of the Future' report at Davos, containing forecasts in seven strategic sectors prepared in collaboration with international experts.
January 19, 2017 - 10:00 GMT
Kuwait Oil Company's union members are protesting at company headquarters over plans to privatise areas related to oil services in the coming two to three years.
January 19, 2017 - 09:00 GMT
The report, “Accelerating Economic Reforms in the Middle East and North Africa,” outlines actionable policy recommendations across six priority areas.
January 19, 2017 - 08:00 GMT
Saudi Arabia’s Energy Minister Khalid al Falih believes that the oil market is moving in the right direction so as not to need an extension of the oil production cuts beyond June.
January 19, 2017 - 07:00 GMT
The Nakheel Communities Cycling Masterplan by the Dubai developer will see an investment of $40.8 million to support the surge in cycling's popularity across the emirate.
January 19, 2017 - 06:00 GMT
The US guarantee is part of an international assistance package and an IMF supported reform program, and is expected to help Iraq access to low-cost financial tools to adopt institutional reforms and achieve economic stability.
January 19, 2017 - 05:00 GMT
Global e-commerce retailer Amazon and India’s Flipkart are no longer in the running to acquire Souq.com, which is currently the Middle East’s biggest e-commerce player.
January 18, 2017 - 13:30 GMT
As the World Economic Forum 2017 gathers pace in Davos, we look at two specific economic initiatives related to the MENA region.
January 18, 2017 - 12:30 GMT
The rapid devaluation of Egypt's currency has resulted in volatility, uncertainty and delayed decisions by both investors and occupants.
January 18, 2017 - 11:30 GMT
In order to meet demand and diversify Saudi Arabia's energy mix, the kingdom is eyeing potential geothermal sites in Al Khouba area of the southernwestern province of Jizan.
January 18, 2017 - 10:25 GMT
In an increasingly common occurrence, Dubai residents have found their direct access to the beach blocked, this time by Nakheel's new waterfront development.
January 18, 2017 - 09:00 GMT
Egypt's Finance Ministry fixed the customs exchange rate at 18.5 pounds per dollar until the end of February and said it will review the rate each month.
January 18, 2017 - 08:00 GMT
Speaking Tuesday at the World Economic Forum in Davos, Saudi Aramco CEO Amin Nasser announced that $25 trillion would need to be invested over the 25 years on new oil capacity to meet rising demand.
January 18, 2017 - 07:00 GMT
Italian newspaper Il Messaggero had reported that executives were mulling the possibility of Etihad buying a 30 to 40 percent stake in Lufthansa.