April 24, 2013
Egyptian Finance Minister El-Morsi El-Sayed Hegazy officially submitted the government's 2013/14 budget to the Shura Council (Parliament's upper house) on Tuesday.
Fuel prices in Jordan are to drop again, following the governments decision to set prices in line with market costs.
April 23, 2013
The majority of Dubai residents are concerned about increasing living costs, a survey has found, at a time of rising inflation and spiraling property rents.
Trading in shares of Orascom Construction Industries (OCI), Egypt’s biggest private construction firm, was suspended on Tuesday.
Trade representatives from the European Union and Morocco have begun talks to upgrade a trade agreement, the European Commission said Monday.
The EU has decided to lift its oil embargo on Syria, in an effort to boost the opposition.
Energy firms Dana Gas, ENI and Sea Dragon announce they have been awarded exploration rights in Egypt's Nile Delta and eastern Mediterranean in an EGAS bid round on 18 April.
Bahrain's economy is set to grow by 4.5 per cent this year and over 5pc next year, according to a leading private bank's top economist.
Iran is owed $4 billion for oil sales to customers who have been unable to pay because of sanctions imposed on the Islamic republic over its nuclear programme, according to an official.
A major internet blackout severely disrupted businesses in Amman on Monday.
Lebanon has filed an official request to reduce transit transport fees with Iraq and Egypt, the National News Agency reported Monday, in a bid to cut export costs after major land export routes were brought to a halt by the ongoing violence in neighboring Syria.
April 22, 2013
Egypt may secure an International Monetary Fund loan agreement in about a month, state news agency MENA reported, quoting "informed" sources.
Despite international sanctions over Iran's alleged nuclear ambitions, Tehran is looking to try and sell oil to North Korea.
Italian energy company Eni is keen to ensure the safety of a natural gas pipeline, which crosses Tunisia, Chief Executive Officer Paolo Scaroni said.
Twitter accounts operated by the U.S. broadcaster CBS have reportedly been hijacked by pro-Assad hackers, in the latest cyber-attack apparently launched by a group loyal to the Syrian government.