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Saudi pumps up oil production to record high 10.3 million bpd

Saudi Arabia has revved up crude production to its highest rate on record, feeding unexpectedly strong demand from foreign refiner....


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Egypt’s cabinet approves long-awaited investment law: PM

Egypt’s cabinet approved a long-awaited draft law on investment on Wednesday, the prime minister said, aimed at making deals....


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UAE Plans To Boost Its Gas Import Capacity

The United Arab Emirates plans to increase its gas import capacity and sees a fall in liquefied natural gas (LNG) prices as an i....


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UAE retailers should recruit talent ahead of Expo 2020

Retailers in the UAE should start actively recruiting talent from the region and abroad in preparation for Expo 2020, a top offici....


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Bahrain-Based Terra Sola To Build $3.5bn Solar Plant In Egypt

The project is expected to provide 2,000 megawatts of solar energy to Egypt. Bahrain-based energy investment firm Terra Sola Vent....


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Qatar prioritizing health, education, transport projects

Qatar is proceeding with planned economic development projects despite cheaper oil and is prioritizing those related to health, ed....


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Saudi developer inks deal with Egypt for $5.7bn projects

Egypt has signed preliminary deals with four Arab real estate developers for four projects worth a total of $12.7 billion, the c....


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World’s biggest freight liner docks in Jeddah

The Jeddah Islamic Port received on Sunday the world’s biggest freight liner, the Saudi Press Agency reported. ‘The C....


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Algeria seeks more oil-exporter cooperation on price drop

OPEC member Algeria is seeking more cooperation among oil exporting countries to help counter a sharp fall in global crude prices,....


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GE to invest $200 mln in Egypt manufacturing facility

U.S. conglomerate General Electric on Friday said it will set up a new training and manufacturing facility in the Egyptian canal c....


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