An international credit rating agency says Egypt's economy has started to improve but has yet to recover from the 2011 uprising and the years of unrest that followed.
Saudi Arabia's sovereign wealth fund is creating an entertainment investment company as the deeply conservative kingdom loosens the reins on fun.
Egyptian central bank Gov. Tarek Amer said inflation in the most populous Arab country has peaked after policymakers responded to the surge in prices by raising borrowing costs to the highest level in more than a decade.
Abu Dhabi National Oil Co. is considering a plan to sell shares in its shipping unit as part of a broader strategy to attract investment into the emirate that...
Egypt’s economy has started to improve but has yet to recover from the 2011 uprising and the years of unrest that followed, an international credit rating...
Banks that provided a $4.75 billion loan to Turk Telekomunikasyon AS’s major shareholder hired Lazard Ltd. to advise them on the nation’s biggest ever...
Saudi Arabia’s sovereign wealth fund is setting up a company to invest in local entertainment, as the conservative kingdom tentatively opens up and pursues a...
The Constitutional Council decision to rescind the tax hike law has put the government in an unenviable position and may force it to weigh more options to...
A Lebanese startup that tracks customer shopping behavior through close-circuit television will head to Switzerland to compete for $1 million in investments.
Turkish Airlines said it intends to purchase 40 of Boeing Co.’s 787-9 Dreamliners, a long-awaited deal that signals the carrier’s rebound following a...
London deemed Uber unfit to run a taxi service Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and...
Qatari authorities stepped up their support of domestic banks for a third month in an attempt to offset foreign withdrawals, as the showdown between Doha and...
Pummeled by political unrest and militant attacks, Egypt’s tourism industry is slowly growing again, but too slowly for thousands of bazaar workers who fondly...
Standing behind her stall at a Dubai exhibition Center, Dai Dong He offered passersby what looked like carefully wrapped biscuits or chocolates.
The CEO of the Turkish company that currently provides Lebanon with two floating power ships Monday defended his firm’s activities in Lebanon.
Egypt’s finance minister says the country will face a $10 to $12 billion budget shortfall for the current 2017-18 fiscal year and plans expanded foreign debt...
Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest, as the world’s biggest oil exporter pushes a...
Dubai announced Saturday the award of a $3.8 billion contract for the final phase of a solar park aimed at generating 5,000 megawatts of electricity by 2030.
Algeria’s prime minister laid out a sweeping plan to plug the budget deficit that would include direct borrowing from the central bank, as the OPEC member...
Bahrain refused to process bids by Qatari investors for its largest-ever bond offering after cutting ties with the gas-rich Gulf state in June, according to...
Egypt’s Cabinet is expected to approve a plan to sell 1.5 billion in euro-denominated bonds in two to three weeks, the finance minister said, as the...
Oil topped $50 a barrel for the first time and closed at a six-week high amid heightened optimism that a demand resurgence is in the offing.
Turkey’s central bank kept its main interest rates unchanged as expected Thursday, citing the level of inflation as a reason for caution.
In the rapidly evolving gig economy, there is a new way to car shop: spot one on the road that appeals, snap its photo with your phone and an app will contact...
Saudi Aramco’s planned initial public offering remains on track, the company said Thursday, after Bloomberg reported that the oil company was preparing...
Qatar’s sovereign wealth fund sold a block of shares in luxury jewelry retailer Tiffany & Co. weeks after reducing stakes in Credit Suisse Group AG and...
The head of the Qatar Investment Authority said Wednesday that the lingering Gulf political crisis was having little impact on the $300 billion sovereign...
Rating agency Moody’s said in a report released Wednesday that the 3-month-old diplomatic dispute between Qatar and other Arab states has created uncertainty...
Even in the absence of an Israeli-Palestinian peace deal, steps can be taken now that could significantly brighten a gloomy Palestinian economic situation,...
After struggling to find an international buyer, Credit Agricole SA is selling half its stake in Banque Saudi Fransi to billionaire Prince Alwaleed bin Talal...
OPEC and other oil-producing nations are discussing extending the oil production cuts that expire in March 2018 by up to three months, potentially prolonging...
Property developers in Dubai showcased new multibillion-dollar mega-projects Monday despite falling prices, in the hope of stimulating demand and helping to...