Saudi Arabia sets up investment promotion agency
Saudi Arabia has set up an agency to promote investment in the country, a key goal of an ambitious economic reform agenda, the investment minister and state media said on ...
Saudi GDP grows 11.8 per cent year-on-year in Q2
Saudi Arabia’s gross domestic product rose by 11.8 per cent in the second quarter compared with the same period in 2021, according to initial government estimates on Sunday, as the world’...
Iran says it responded to EU proposal aimed at salvaging 2015 nuclear deal
Iran has responded to top European Union diplomat Josep Borrell’s proposal aimed at salvaging Tehran’s 2015 nuclear deal with world powers, and seeks a swift conclusion to negotiations, the ...
Part of Beirut silo complex collapses as port blast anniversary nears (Updated)
Part of the Beirut port grain silos collapsed on Sunday afternoon, sending a large cloud of dust and smoke into the sky, a Reuters witness said, nearly two years after ...
Tunisia: the last Arab democracy goes under
Tunisia would seem to have everything going for it. Average salaries are the third highest in all of Africa’s fifty countries, just behind Morocco and South Africa. Literacy is 97 ...
Two killed in Kabul cricket stadium grenade attack, police say
Two people were killed in the grenade explosion that shook Kabul’s main cricket stadium during a domestic league match on Friday, police said on Saturday, updating their previous casualty ...
Floods kill at least 53 in Iran, rescuers hunt for the missing
Rescuers searched for the missing in Iran on Friday after landslides and floods triggered by heavy rains killed at least 53 people, officials said.
Mehdi Valipour, head of emergency operations at ...
Dubai real estate sales surge 60 per cent as investors, Russians snap up property
Dubai’s red-hot property market surged in the first half of the year as investors piled in, with Russians among the top five buyers as the emirate benefits from an ...
As Lebanese staple runs short, tempers flare at bakeries
Mohamed Abu Khodr had been waiting for hours outside a Beirut bakery in hopes of buying two bags of subsidised bread he needs to feed his family. But there was ...
Ben & Jerry’s, Unilever talks on out-of-court deal on Israeli dispute break down
Ben & Jerry’s and its parent company Unilever Plc (ULVR.L) did not reach an out-of-court agreement on a dispute over the sale of the ice cream maker’s ...
Egypt cancels contracts for 240,000 T of stranded Ukrainian wheat
Egypt has cancelled contracts for a total of 240,000 tonnes of Ukrainian wheat that were booked by its state grains buyer for February and March delivery but never loaded due to ...
Qatar’s central bank raises deposit rate by 75 basis points to 3 per cent
The Central Bank of Qatar said on Wednesday it raised its main deposit rate by 75 basis points (bps) to 3 per cent, moving in tandem with the US Federal Reserve’s ...
IMF says Egypt needs progress on fiscal and structural reform
The International Monetary Fund said on Tuesday that Egypt needed to make “decisive progress” on fiscal and structural reform as Cairo seeks a new round of support from the fund.
...
Lebanon parliament passes amendments to banking secrecy law
Lebanon’s parliament on Tuesday passed long-awaited amendments to a banking secrecy law, according to a Reuters witness, in the first step towards reforms required by the International Monetary Fund (...
Greece, Saudi Arabia to sign energy deal, crown prince says
Greece and Saudi Arabia will sign a deal in renewable energy and discuss other investments and security, Saudi Crown Prince Mohammed bin Salman said on Tuesday in a meeting with ...
High-level talks with Egypt could take place, Erdogan says
Turkish President Tayyip Erdogan said on Monday there is no reason for high-level talks with Ankara’s estranged rival Egypt not to take place, as its efforts to mend ties ...
Israeli forces kill two Palestinian gunmen in W.Bank clash
Israeli forces killed two Palestinian militants in a pre-dawn gun battle in the occupied West Bank on Sunday, Palestinian and Israeli officials said.
The Palestinian Health Ministry confirmed the death ...
Fighting rips through Libyan capital, killing 13
Rival factions fought each other in Tripoli overnight and into Friday, killing 13 people in the Libyan capital’s worst clashes for two years as a political standoff festers.
Fighters exchanged ...
Saudi crown prince to visit Greece to sign energy, telecoms deals
Saudi Crown Prince Mohammed bin Salman will visit Greece on July 26 to meet Prime Minister Kyriakos Mitsotakis, the Greek foreign ministry said on Friday, in his first visit to an ...
Israeli strike kills three soldiers in Syria, Syrian state media says
An Israeli missile attack on Friday near Damascus killed three soldiers and wounded seven more, Syrian state media reported, in what a war monitor said was the 17th Israeli attack ...
Putin visits Iran for talks on Syrian conflict, Ukraine grain (Update 2)
Russian President Vladimir Putin will visit Tehran on Tuesday for talks with Iranian Supreme Leader Ayatollah Ali Khamenei, the Kremlin leader’s first trip outside the former Soviet Union since ...
France, UAE sign energy cooperation deal
The governments of France and the United Arab Emirates signed on Monday a strategic agreement to cooperate in the energy sector, the French government said.
The partnership aimed to identify ...
OPEC+ will assess oil market and do what is necessary, say Saudi foreign minister
Saudi Arabia’s foreign minister said a US-Arab summit on Saturday did not discuss oil and that OPEC+ would continue to assess market conditions and do what is necessary.
“There ...
Khamenei adviser says Tehran ‘capable of building nuclear bomb’ – Al Jazeera
Tehran is technically capable of making a nuclear bomb but has yet to decide whether to build one, a senior adviser to Iran’s Supreme Leader Ali Khamenei told Al ...