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Economy
Qatar foreign reserves rise 2.8% in July
The Qatar Central Bank said yesterday that its foreign reserves and hard currency...
Saudi Arabia's budget witnesses surplus after 2021 deficit
Saudi Arabia's budget has witnessed a fiscal surplus of 135.4 billion riyals ($36.1...
Saudi Arabia allocates $28 billion for water projects
The Saudi Minister of Environment, Water and Agriculture, Abdul Rahman bin Abdul...
Qatar imposes ban on cash transactions to tackle fraud
As part of efforts to combat money laundering and terrorism financing, Qatar has...
Egypt: Prices continue to hike
Rising inflation in Egypt has seen the price of egg cartons containing 30 eggs rise...
Saudi Arabia 'to provide Europe with cheaper energy via Greece'
Saudi Arabia's de facto ruler announced on Tuesday that the kingdom will provide...
Egypt cancels contracts for 240,000 tonnes of Ukraine wheat
Egypt has cancelled contracts for 240,000 tonnes of Ukrainian wheat which were meant...
US to overtake Qatar as top LNG supplier by 2032
The US is set to be the major source of supply growth of liquified natural gas (LNG)...
Ukraine grain exports could start within a week, Turkiye says
Turkiye said grain exports from Ukrainian ports could resume within a week, Reuters reports
Saudi to float megacity NEOM on stock market in 2024
Saudi Arabia's Crown Prince Mohammed Bin Salman yesterday said his $500 billion...
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...
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 yesterday announced the discovery of a new gas field north of the South Pars...
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...
Libya resumes crude oil exports after 3-month pause
The National Oil Corporation in Libya announced today the resumption of crude oil...
Turkiye's 4th drill ship to begin operations in August
Turkiye's fourth drill ship will launch operations in the Mediterranean in August