economy

Egypt’s central bank cut its main interest rates by 50 basis points on Thursday, moving to support an economy badly…

Chairman of the Board of Directors of Al-Masry Al-Youm (AMAY) newspaper Abdel Moneim Saeed denied that businessman and AMAY founder…

The Red Sea Development Company (TRSDC), a tourism project of Saudi Arabia, is planning to inaugurate 16 hotels by the…

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s King Salman slammed rival Iran and hailed his country’s efforts at combating…

DUBAI (Reuters) – State-owned Emirates said on Thursday that Dubai would help it through the coronavirus crisis after losses of…

Egypt’s annual urban consumer price inflation rose to 4.5 percent in October from 3.7 percent in September, official statistics agency…

After a historic drop of LE38 on Monday, the price of gold rose again Tuesday morning, recording an increase of…

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s energy minister said Monday that global energy producers have the ability to…

WASHINGTON (Reuters) – The United States is expected to impose sanctions as early as next week on Iranians involved in…

DUBAI (Reuters) – Saudi Arabia’s economy shrank 4.2 percent in the third quarter from a year earlier, government data showed…