Egypt’s central bank and the African Export-Import Bank (Afreximbank) have signed an agreement to set up a pan-African Gold Bank in Egypt. The initiative aims to
2025/12/31
Syria has reportedly begun rebuilding its freight railway network with neighbours Iraq and Turkey, a government official said. Domestic plans include rehabilitating
Gulf investors still have a healthy interest in the English Premier League, according to one of the league’s most prominent dealmakers. But Amanda Staveley, chief
Abu Dhabi Investment Authority (Adia) has backed the initial public offering of China’s artificial intelligence (AI) startup MiniMax as a cornerstone investor.
Opec+, the oil alliance led by Saudi Arabia and Russia, is reportedly planning to maintain an output freeze when it meets this weekend amid signs of potential oversupply
Turkey is pursuing free trade talks with the Gulf Cooperation Council (GCC), trade minister Omer Bolat has said. “Free trade negotiations with the GCC are still
Egypt has received $3.5 billion from Qatar as part of a deal to develop a mega real estate and tourism project in Alam El-Rum on the Mediterranean coast. The payment
Saudi Aramco has awarded two offshore contracts worth $600 million to Italian energy contractor Saipem to expand infrastructure at its oil fields. The contracts
The UAE will implement a revised excise tax structure for sugar-sweetened drinks from January 1, 2026. Under the “tiered-volumetric model”, the amount of tax imposed
2025/12/30
Bahrain has approved fiscal measures intended to boost non-oil revenue and arrest a sharp rise in government debt. The 11-point package includes higher electricity
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