The Egyptian pound weakened to 26.49 to the dollar on Wednesday, its biggest one-day move since the central bank allowed it to fall by 14.5 per cent on Oct. 27, according Refinitiv Data.
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Growth in Saudi Arabia’s non-oil business activity slowed to a three-month low in December, a survey showed on Tuesday, although higher sales and strong demand ensured firms remained confident ...
Israel’s new far-right national security minister Itamar Ben-Gvir briefly visited Al-Aqsa mosque compound in Jerusalem on Tuesday, a site also revered by Jews, prompting fierce condemnation from the Palestinians ...
The Bank of Israel raised its benchmark interest rate (ILINR=ECI) by half a point on Monday, and will likely continue its increases a bit more in coming months, saying ...
Dubai has suspended a tax of 30 per cent on alcohol and dropped a licence fee previously needed to buy alcohol in the commercial and tourism hub, two major retailers said ...
Spending on digital transformation projects is expected to more than double over the next four years in Turkey, the Middle East and Africa, according to a report released this week ...
The Syrian army said on Monday that Israel had carried out a missile strike on Damascus International Airport and put it out of service, the latest in a string of ...
By Ali Sawafta
The Palestinians on Saturday welcomed a vote by the United Nations General Assembly requesting that the International Court of Justice (ICJ) provide an opinion on the legal ...
Two gunmen on motorbikes opened fire on an Egyptian security checkpoint on Friday, killing two policemen and a citizen in a city east of Cairo, according to sources from the ...
Egypt on Thursday lifted a key restriction on imports and approved a list of economic activities the government would leave to the private sector, in an effort to meet two ...
Benjamin Netanyahu sealed a comeback as Israeli prime minister on Thursday as his hard-right cabinet was being sworn in with promises to expand Jewish settlements in the occupied West Bank ...
The price of gold in Egypt has risen to unprecedented highs as nervous savers seek refuge from a weakening currency and some companies export bullion to raise scarce dollars to ...
Britain urged Iran on Wednesday to stop detaining dual nationals following the arrestof seven people with links to the United Kingdom, saying the practice should not be used to obtain “...
Israel’s banking regulator on Sunday approved a conditional licence and control permit to a group of entrepreneurs to establish a new online bank, the second addition to the highly ...
Iranian authorities rerouted a flight bound for Dubai on Monday and prevented the wife and daughter of former national soccer team captain Ali Daei, who has supported anti-government protests, from ...
Calls by far-right members of Israel’s incoming government to revise anti-discrimination laws have triggered criticism from some of the country’s leading businesses and prompted them to announce new ...
The EU foreign policy chief told Iran’s foreign minister that Tehran should immediately halt military support for Russia and internal repression in Iran, reflecting worsening ties as diplomacy to ...
Egypt has discovered a large gas field in the Nargis block in the eastern Mediterranean, Petroleum Minister Tarek El Molla said on Thursday.
Evaluation is still ongoing to determine the ...
The International Monetary Fund (IMF) executive board has approved a 46-month $3 billion financial support package for Egypt, saying it will catalyse additional funding of about $14 billion, the fund said in ...
Libya’s Government of National Unity (GNU) refused an Egyptian presidency decree unilaterally demarcating Egypt’s western maritime borders, the Libyan foreign ministry said in a statement on its Facebook ...
President of the European Parliament Roberta Metsola on Thursday pledged the assembly would get to the bottom of a criminal corruption scandal, stressing that the days of ‘business as usual’ ...
An Irish soldier was shot and killed on a U.N. peacekeeping mission in Lebanon and a second was in a critical condition after a hostile crowd surrounded their armoured ...
Barclays (BARC.L) is exploring a return to Saudi Arabia in a bid to capture a slice of the country’s burgeoning capital markets, two people close to the matter ...
Iran was ousted from a United Nations women’s body on Wednesday for policies contrary to the rights of women and girls, a move proposed by the United States after ...