December 05, 2016 - 12:00 GMT
Looking beyond the euphoria, there will be question marks on how OPEC's first production cut deal since 2008 will be implemented.
December 05, 2016 - 11:00 GMT
Iran currently produces medicines for 95 percent of its domestic needs and is looking towards the lucrative MENA market for its pharmaceutical exports.
December 05, 2016 - 10:00 GMT
Abu Dhabi follows London, Hong Kong and New York to host global financial leaders for a summit to discuss investment opportunities and risks in the financial landscape.
December 05, 2016 - 09:00 GMT
A draft version of the country’s budget bill for the next year envisages a total income of over 1.1 quadrillion rials from selling 2.42 million barrels per day of crude oil at $50 each.
December 05, 2016 - 08:00 GMT
As Lafarge awaits approval for its plans to develop the former cement factory into a green urban hub, some locals are skeptical of the benefits.
December 05, 2016 - 06:11 GMT
Last week SAMA's security center detected an organized cyber-attack originating from abroad, on different government entities and vital installations.
December 05, 2016 - 06:04 GMT
Egypt's decision to raise tariffs up to 60 percent on 320 different luxury goods, including some fruits, cosmetics, stationary and electronic gadgets will raise annual tax revenues by EGP 6 billion.
December 04, 2016 - 13:24 GMT
The new warning by the ministry came after receiving new applications by Lebanese companies willing to negotiate over the layoffs of some of their staff.
December 04, 2016 - 12:00 GMT
Saudi Arabia's Lionhorn Private Limited assumed ownership of McDonald's business in Malaysia and Singapore on December 1, which includes a total of 390 restaurants.
December 04, 2016 - 11:00 GMT
Lebanon's telecom minister has vowed to have the country fully connected by fiber optics by 2020, with the vast majority covered by 2017.
December 04, 2016 - 10:00 GMT
The US, UK, and EU countries have pledged donations towards the first phase of the Red Sea-Dead Sea project, which is slated to begin in early 2018.
December 04, 2016 - 08:00 GMT
As the halal food industry continues to garner global interest, industry leaders in Barcelona are discussing ways in which the halal industry can have wider benefits for Mediterranean economies.
December 04, 2016 - 07:00 GMT
Dubai World and Caisse de depot et placement du Quebec (CDPQ) have created a joint venture which will invest in global ports and terminals, including DP World’s Canadian container terminals.
December 04, 2016 - 06:08 GMT
Adopting the GICS by January 2017 will enhance transparency in the local market and allow international investors access to better information on the performance of local sectors in Saudi Arabia.
December 04, 2016 - 06:00 GMT
In its latest drive to lure back foreign investors to its energy sector, Egypt has received six bids for oil and gas exploration.