March 3, 2013
Bahrain's struggling flag-carrying airline, Gulf Air, has notified staff of compulsory redundancies, as part of its restructuring efforts.
Japan said on Saturday it will increase financial aid to North African and Middle Eastern countries, to help regional stability and democratic transformations.
Morocco is to introduce a new banking law that will outlaw the financing of terrorism.
The Middle East will continue to play a “pivotal role” in supplying global markets with oil, even if the United States becomes self-sufficient in oil and gas production, as projected within a few years, U.S. think-tank the Atlantic Council said in a report.
An Iranian-Pakistani consortium will start work next week on a much delayed $7.5 billion gas pipeline from Pakistan to Iran that has aroused strong US opposition, Pakistani officials said on Friday.
Yemen is pushing to join the World Trade Organisation, 13 years after first requesting to join the organisation which looks to oversee the liberalizing of global trade.
Companies in Saudi Arabia, famously austere for female employment, have reiterated their support for giving more Saudi women jobs.
Political consensus is needed to ensure difficult economic reforms are passed so Egypt can secure a $4.8 billion loan from the IMF, according to the US' Secretary of State, John Kerry.
Egypt, the fourth largest producer of strawberries in the world, has been given the green light to export to the United States, according to a statement by the US embassy in Cairo on Thursday.
February 28, 2013
The government of Egypt is formally inviting the International Monetary Fund (IMF) to resume talks over a pending $4.8 billion loan agreement, Minister of Planning and International Cooperation Ashraf El-Arabi announced Thursday.
While Saudi Telecom Co's (STC) continues to explore “suitable” investment opportunities outside the kingdom, the Riyadh-based sees the more profitable local market as a priority, their CEO has said.
Dubai’s Sheikh Mohammed bin Rashid al-Maktoum is determined to position the UAE in the world’s top economic ranking by hailing the country's Islamic finance credentials, according to a local report.
Low-cast airline flydubai has launched a cargo service to Russia.
Egypt’s government has no intention of renting or selling any of the country’s monuments, the cabinet’s official spokesman stated on Wednesday.
India’s President Pranab Mukherjee has said that his country and Iran must work together to further promote trade and economic links, according to the New Indian Express on Wednesday.