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The discovery was made in the Shorouk block that was awarded to Eni in January 2014 following an international bid. (Shutterstock)
August 31, 2015 - 09:00 GMT
Find could be one of the world's largest natural-gas discoveries.
The World Health Tourism Congress will be held in Dubai Health Care City. (Intertrans.cz)
August 31, 2015 - 08:00 GMT
Health tourism is one of the fastest growing industries in the world, with $100B being spent a year.
Egypt's biggest exports are to Iraq first, followed by Yemen, Saudi Arabia, Libya and then Sudan.(Ecomena)
August 31, 2015 - 07:00 GMT
Forty percent of Egypt's exports are destined for Libya and Iraq; is the Islamic State imposing fees on Egyptian goods?
The World Bank said the lifting of sanctions will create a rush of resources for the country. (AFP/File)
August 31, 2015 - 06:00 GMT
The World Bank said the lifting of sanctions will create a rush of resources for the country.
Qatar is developing five separate lines, including 148kms to the border with Saudi Arabia. (File photo)
August 30, 2015 - 15:00 GMT
Undisclosed deal is a welcome development in a project that has been fraught with delays.
Public expenditure on the Aqaba development program between is expected to cost $162.6 million. (Flickr)
August 30, 2015 - 14:00 GMT
Public expenditure on the Aqaba development program between is expected to cost $162.6 million.
Credit growth is expected to remain largely unchanged for 2015, according to Standard & Poor's analysts. (File photo)
August 30, 2015 - 14:00 GMT
Standard and Poor forecast slow growth for global sukuk and islamic financial services in light of declining oil revenues.
Casualties were reported to be represented by various nationalities. (Mia.mk)
August 30, 2015 - 13:44 GMT
Deadly blaze at residential complex rented by Saudi oil giant Aramco began in the basement and was first spotted around 6am.
The joint company will provide maintenance, repair and overhaul of Saudi helicopters, both commercial and military. (AFP/File)
August 30, 2015 - 13:00 GMT
The new joint company will have locations in Riyadh and Jeddah.
DP World's portfolio includes 65 terminal operations worldwide. (Shutterstock)
August 30, 2015 - 12:31 GMT
The Dubai company eyes expansion into Iran, Africa and Latin America.
Jordanian authorities are preparing to supply charging stations in the country for electric cars. (AFP/File)
August 30, 2015 - 12:00 GMT
Jordanian authorities are preparing to provide the infrastructure, with electric charging stations.