14/10/2021 08:03 GMT
Algeria plans to start reducing subsidies on food, fuel and electricity as the OPEC nation looks to cut billions of dollars in spending. A draft of the 2022 budget shows the government plans to move...
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14/10/2021 05:23 GMT
Bahrain's Minister of Finance and National Economy Shaikh Salman bin Khalifa Al Khalifa held a remote meeting with HSBC Bank Regional Chief Executive Officer for the Middle East and North Africa...
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14/10/2021 12:06 GMT
Greece and Egypt will ink a preliminary deal to build an electricity interconnection between the two countries in Athens on Thursday, Athens-Macedonia news agency (AMNA) reported.
The deal, to be...
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14/10/2021 12:23 GMT
Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at US$1.10 above the Oman/Dubai average for November, down 35 cents from the previous month, an industry...
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14/10/2021 08:06 GMT
Despite recent tumultuous times and a weakening economy in Iraq, government is said to be implementing reforms that are aimed at reviving its ailing currency.
Forex trading in Iraq
While forex...
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13/10/2021 09:50 GMT
Kuwait's Al Safat Investment Company has settled 60 million dinars (US$199.426 million) worth of debts with 5 different parties, chairman Abdulla Alterkait told CNBC Arabia. This is one of three...
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11/10/2021 05:25 GMT
Minister of Commerce and Industry and Acting Minister of Finance Ali bin Ahmed al-Kuwari met with his counterpart Dr Khaled al-Mabrouk Abdullah al-Mabrouk, Minister of Finance of Libya during his...
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14/10/2021 10:17 GMT
An international consortium comprised of the alternative energy business unit of OQ, Marubeni Corporation, Linde and Dutco have signed a Joint Development Agreement (JDA) for the development of a...
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14/10/2021 08:03 GMT
Governor of Qatar Central Bank H E Sheikh Abdulla bin Saoud Al Thani met yesterday with the Minister for International Trade of the United Kingdom H E Ranil Jayawardena, who is currently visiting the...
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14/10/2021 12:35 GMT
The Saudi Industrial Development Fund launched a number of programs and initiatives on 13 October 2021 as part of its annual meeting to empower the private sector. The launch included a land, a...
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14/10/2021 12:21 GMT
The United Arab Emirates and South Korea on Thursday agreed to start talks on a bilateral trade deal they hope will expand economic opportunities, including cooperation on technology and climate...
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10/10/2021 05:15 GMT
An ailing, powerless oil tanker stationed off of Yemen's coast could explode or sink any day endanger the lives of at least eight million Yemenis, cause an environmental catastrophe, and cost the...
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14/10/2021 12:06 GMT
World oil demand is estimated to increase by 5.8 million barrels per day (mb/d) in 2021, according to oil cartel OPEC's monthly report. This outlook has been trimmed compared to its previous estimate...
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