Main headlines

April 24, 2013

The Jordan Telecom group has said that all internet services in Amman have been restored following a major blackout
10:46 GMT

Following a major blackout in the Jordanian capital Amman, all internet services have been restored, according to the Jordan Telecom group.

Egypt's pound hit a record low against the dollar on Tuesday
09:44 GMT

The Egyptian pound, under severe pressure for months, hit a new against the dollar on Tuesday.

Apple has reported its first fall in profits for a decade
08:44 GMT

US-based tech giant Apple has reported its first quarterly drop in profits in a decade.

Egypt is set to submit its draft budget proposals to the Shura Council
08:36 GMT

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 set to drop
08:04 GMT

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
13:27 GMT

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.

Orascom's share on the Egyptian stock market were suspended on Tuesday
12:58 GMT

Trading in shares of Orascom Construction Industries (OCI), Egypt’s biggest private construction firm, was suspended on Tuesday.

The EU is negotiating with Morocco over a new trade agreement
12:46 GMT

Trade representatives from the European Union and Morocco have begun talks to upgrade a trade agreement, the European Commission said Monday.

The EU has eased its sanctions on Syria in an effort to boost the rebels
11:52 GMT

The EU has decided to lift its oil embargo on Syria, in an effort to boost the opposition.

Egypt has awarded gas exploration deals for the Nile Delta region
11:18 GMT

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 'to grow 4.5 per cent this year'
10:17 GMT

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 billions in oil revenues which customers who have been unable to pay because of sanctions imposed on the Islamic republic
09:53 GMT

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 hit businesses in Jordan's capital Amman on Monday
09:21 GMT

A major internet blackout severely disrupted businesses in Amman on Monday.

Lebanon has asked Iraq and Egypt to reduce transit fees as the Syrian conflict hurts its trade
08:55 GMT

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

Could Egypt finally sign off on a deal with the IMF?
13:29 GMT

Egypt may secure an International Monetary Fund loan agreement in about a month, state news agency MENA reported, quoting "informed" sources.