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The IMFSaid Last Month That Growth in the Non-Oil Sector Was Expected to Accelerate as the Kingdom Moved Ahead With Economic Reforms. (Shutterstock)
September 18th, 2018 - 07:18 GMT

IMF Confident Saudi Can Meet 1.9 Percent GDP Forecast

Saudi Arabia’s economy can achieve an International Monetary Fund forecast of 1.9 percent gross domestic product growth this year, the central bank governor said on Sunday.
Read more
The ruling failed to hold the Lebanese Canadian Bank SAL responsible for financing the Lebanon-based Islamic group through its New York account with American Express Bank. (Yalibnan)
August 25th, 2016 - 05:30 GMT

Victims of Hezbollah attacks lose US court case against Lebanese Canadian Bank

Turkish tanks enter Jarablus, Syria Wednesday (AFP/Bulent Kilic)
August 25th, 2016 - 01:31 GMT

Will Joe Biden convince the YPG to retreat west of the Euphrates?

Gunmen have stormed Kabul's American University of Afghanistan, with many reportedly trapped inside. (File photo)
August 24th, 2016 - 04:06 GMT

Gunmen attack American University of Afghanistan in Kabul, explosions heard

Yemenis sell petrol on the street after Yememi government forces re-entered Zinjibar the capital of the southern Abyan province on August 16, 2016 following an offensive backed by Saudi-led air strikes to recapture the city from Al-Qaeda jihadists. (Photo credit: AFP)
August 24th, 2016 - 11:56 GMT

The economic damage from civil war in Yemen is unprecedented

In a trend reflected throughout the Gulf, Saudi Arabia has also turned to international markets to borrow money, raising a $10 billion international loan last month.  (Shutterstock)
August 24th, 2016 - 11:00 GMT

Saudi Arabia gears up for $5.3B domestic bond sale

Around 1.8 million overseas workers from the Philippines are estimated to be based in Saudi Arabia. (AFP/File)
August 19th, 2016 - 08:00 GMT

Unpaid migrant workers in Saudi refuse free flights home until wages are paid

Egypt has requested $1B from the UAE as part of $2 billion financial aid promised by Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed during his visit to Cairo a few months ago. (File photo)
August 17th, 2016 - 01:09 GMT

Egypt looks to Arabia for another $5B in aid

German Chancellor Angela Merkel (R) and Turkish Prime Minister Ahmet Davutoglu (L). (AFP/File)
August 17th, 2016 - 11:00 GMT

Turkey-EU relations continue to strain over refugee deal

Turkish Prime Minister Binali Yildirim said Turkey and Iran would "offer the solution to the crisis in Syria." (AFP/File)
August 17th, 2016 - 10:00 GMT

After normalizing relations with Russia, Turkey looks to Iran to solve Syria crisis

Yemeni children walk through rubble after an airstrike in the Houthi-held Sanaa, capital of Yemen. (AFP/Mohammed Huwais)
August 17th, 2016 - 06:00 GMT

Houthis retaliate after airstrikes: Rocket attack kills seven in Saudi

If Egypt's local wheat procurement numbers were misrepresented, it may have to spend more on foreign wheat purchases to meet local demand. (Shutterstock)
August 15th, 2016 - 07:00 GMT

Egypt's mega project thrown into disarray over wheat scandal

Fighters from the pro-government forces loyal to Libya's Government of National Unity (GNA) walk on August 3, 2016 in Sirte during an operation against Daesh. (AFP/Mahmud Turkia)
August 12th, 2016 - 07:00 GMT

Fresh clashes in Sirte between Libyan forces, Daesh

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