Economy

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Saudi to float megacity NEOM on stock market in 2024

Saudi to float megacity NEOM on stock market in 2024

Saudi Arabia's Crown Prince Mohammed Bin Salman yesterday said his $500 billion...

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Turkiye will buy more oil and gas from Iran, Erdogan announces

Turkiye will buy more oil and gas from Iran, Erdogan announces

Turkiye aims to increase its purchases of Iranian oil and gas amid greater energy...

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Lebanon: parliament approves World Bank loan to import wheat

Lebanon: parliament approves World Bank loan to import wheat

The Lebanese parliament approved a loan agreement with the World Bank on Tuesday...

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Iran announces discovery of new gas field on South Pars gas field which it shares with Qatar

Iran announces discovery of new gas field on South Pars gas field which it shares with Qatar

Iran yesterday announced the discovery of a new gas field north of the South Pars...

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Russia/Ukraine grain export deal promises major benefits for poor countries. If it holds

Russia/Ukraine grain export deal promises major benefits for poor countries. If it holds

If Russia keeps to the deal it has signed with Ukraine allowing for the resumption...

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Libya resumes crude oil exports after 3-month pause

Libya resumes crude oil exports after 3-month pause

The National Oil Corporation in Libya announced today the resumption of crude oil...

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Turkiye's 4th drill ship to begin operations in August

Turkiye's 4th drill ship to begin operations in August

Turkiye's fourth drill ship will launch operations in the Mediterranean in August

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Qatar telecom company looks to exit Myanmar market

Qatar telecom company looks to exit Myanmar market

Qatari telecommunications firm Ooredoo ORDS.QA is in talks to sell its Myanmar unit...

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Russia to accept India oil payments in UAE dirhams

Russia to accept India oil payments in UAE dirhams

Russia is looking to accept payments in UAE dirhams for oil exports to some Indian...

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Gaza bread prices fall 'slightly' amid Ukraine war food crisis

Gaza bread prices fall 'slightly' amid Ukraine war food crisis

The prices of bread and flour are expected to drop "slightly" in the Gaza Strip,...

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Egypt renewable energy firm to become largest in Africa

Egypt renewable energy firm to become largest in Africa

Egypt's leading renewable energy company, Infinity Group, is on course to become...

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White House expects OPEC+ oil production hike after Middle East trip

White House expects OPEC+ oil production hike after Middle East trip

The White House, on Monday, said it anticipates major oil producers in the OPEC+...

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Russia mulls introducing Islamic banking system

Russia mulls introducing Islamic banking system

Russian authorities are drafting a new law which would legalise and regulate Islamic...

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Afghanistan: FAO intensifies support to most vulnerable smallholder farmers affected by drought and earthquake

Afghanistan: FAO intensifies support to most vulnerable smallholder farmers affected by drought and earthquake

New USD 14 million project funded by the Government of Japan aims to enhance local...

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Egypt is going to crash. We must act now to limit the chaos

Egypt is going to crash. We must act now to limit the chaos

Since the Russian invasion of Ukraine started last February, countless articles...

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