Recent

In spite of the fifth largest natural gas reserves in the world, Saudi Arabia does not produce sufficient gas for power generation and for its vast petrochemical industry. (Shutterstock)
August 03, 2015 - 10:27 GMT
Decline in Saudi's crude exports masks the rise in domestic refining and crude oil burn for summer power generation.
The MENA Private Equity Association report noted that the UAE and Saudi Arabia attracted over 75 percent of MENA investments by value in 2014. (Thinkstockphotos)
August 03, 2015 - 09:34 GMT
Investment activity in MENA reached record-high levels since 2008 to reach $1.2B last year.
While petrol prices go up, the diesel price goes down. (File photo)
August 03, 2015 - 08:20 GMT
Amid diving oil prices, the UAE heeds international agencies' advice and removes long-standing subsidies on petrol.
The World Bank estimates as much as 73 percent of Gaza's population is suffering from food insecurity. (AFP/FIle)
August 03, 2015 - 07:11 GMT
Israel's blockade has driven poverty levels to 38.8 percent, according to a new report by the Palestinian Center for Human Rights.
A group of cybercriminals are hacking companies around the world to manipulate stock prices. (AFP/File)
August 02, 2015 - 22:31 GMT
A group of cybercriminals are hacking companies around the world to manipulate stock prices.
Bank of Beirut saw a net profit of $89 million in the first six months of 2015. (AFP/File)
August 02, 2015 - 22:20 GMT
Bank of Beirut saw a net profit of $89 million in the first six months of 2015.
A conflict between an Egyptian news outlet and advertising company casts a shadow over the media scene. (AFP/File)
August 02, 2015 - 22:01 GMT
A conflict between an Egyptian news outlet and advertising company casts a shadow over the media scene.
Iran plans to increase production to meet the demands of European markets. (AFP/File)
August 02, 2015 - 21:43 GMT
Iran plans to increase production to meet the demands of European markets.
A protester covers his face with a Palestinian flag during an attack on the headquarters of the United Nations in Gaza city on Jan. 28, 2015. (AFP/Mahmud Hams)
August 02, 2015 - 21:21 GMT
The refugees on Sunday staged a sit-in in front of the UNRWA headquarters to protest a reduction in services.
The World Bank provided $50 million worth of soft loans to Jordan in the first six months this year. (AFP/File)
August 02, 2015 - 21:11 GMT
The Ministry of Planning and International Cooperation said donor partners granted the country $1.06 billion between January and July.
The new security cameras were welcomed by taxi drivers, who say the new monitoring system will make their jobs easier. (Shutterstock)
August 02, 2015 - 20:56 GMT
The new security cameras were welcomed by taxi drivers, who say the new monitoring system will make their jobs easier.