Gulf Bank reinforces new electronic cheque clearing system
Customers of Kuwait's Gulf Bank who print their cheques through external vendors have been advised to discontinue the practice at the earliest and only...
Saudi Arabia issues Sovereign bonds
Saudi Arabia has issued its first sovereign bonds since 2007 to cover a budget deficit created by low oil prices, launching a series of...
Trump’s visit to Saudi Arabia Will it mark a new phase in Arab-American diplomatic...
By:Amira Elhamy
Trump’s visit early Saturday of this week to Saudi Arabia comes as part of a nine day - five country trip, where he...
$835bn is the cost of Arab Spring Economies of Syria, Tunisia, Yemen, and Libya...
Five years now since the Arab spring, it has become crystal clear that economies like Tunisia, Libya, Yemen, and Syria are facing grinding economic...
Nakheel awards road works contract at Jumeirah Village Circle
Dubai developer Nakheel said that it has awarded a Dhs 27.5m contract for traffic signals and road improvements at its Jumeirah Village Circle development....
Egypt hosts Arab Accreditation Cooperation’s biannual meeting in August
Egypt is to host the biannual meeting of the Arab Accreditation Cooperation (ARAC) during the period of 29-30 August, sponsored by Eng. Tarek Kabil,...
UAE to save $30bn on fuel subsidies
The UAE government could save several billions of dollars a year on fuel subsidies, following the move to deregulate the prices of oil, according...
Christine Lagarde… IMF’s Managing Director
Christine Lagarde featured amongst the keynote speakers at Global Women’s Forum Dubai 2016, which took place last week in Dubai. Lagarde praised the pivotal...
Dubai, Barcelona in tie-up for smart cities
Dubai Municipality and Barcelona City Council signed an agreement on August 20 to share the best practices for creating smart cities as part of...
Tunisia’s Dinar hits record lows over tourism, export data
Tunisia's dinar currency has fallen to record lows versus the euro and the US dollar this week as weaker exports, lower investment and a...
Salman’s first visit to the US .. Security comes first
by Maye Kabil
In his first visit to the United States since ascending to the throne last January, economy was on the agenda of the...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...