Saudi ACWA Power has invested $1.5 billion in a wind power plant in Egypt, according to a statement from Egypt’s cabinet. Developing
United Arab Emirates telecom operator Etisalat unveiled ‘etisalat by e&’ as its new brand identity on Tuesday. The telecom operator, formerly known as Etisalat Group, rebranded...
Qatar Energy will sign a strategic partnership with ExxonMobil later on Tuesday for its North Field Expansion project, CEO Saad al-Kaabi said at the Qatar Economic...
The Turkish central bank’s net foreign currency reserves fell to a 20-year low of around $7 billion last week, according to calculations by four economists based...
National companies in the United Arab Emirates will allocate $29.9 billion (110 billion dirhams) in potential purchase agreements for local manufacturers, a move that could add...
Turkey's government has submitted a proposal to parliament for a supplementary budget of some 1 trillion lira ($57.74 billion) to cover rising costs of tackling a...
The United Arab Emirates will build a new Red Sea port in Sudan, as part of a $6 billion investment package, said DAL group chairman Osama...
A delegation of Egyptian business leaders was in Israel on Monday, the first such visit in a decade, in a sign of “warming” ties between the...
World airlines on Monday called on governments to support the industry’s goal of net-zero carbon emissions by 2050. The plea at a meeting of the International...
Saudi Arabia’s April crude exports in April rose to 7.38 million barrels per day from 7.235 million bpd in March, the International Energy Forum (IEF) said...