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Pakistan will get a $20 billion-plus economic package from Saudi Arabia. (Shutterstock)

February 16th, 2019 - 08:32 GMT

$20 Billion From Saudi Arabia to Pakistan to Boost Economy

UAE, Saudi Arabia to set up mega refineries to cater to local demand as well as to export surplus products to regional markets.

Turkey is facing a deepening economic crisis, as the Lira fell sharply by about 22% in Friday’s early morning trading. (Shutterstock)

August 12th, 2018 - 07:11 GMT

The Plunge of the Turkish Lira and How It Affects the Egyptian Economy

Khalid Al-Hussan, Chief Executive Officer of the Saudi Stock Exchange (Tadawul), speaks during a news conference after the inclusion of MSCI EM to the Saudi Stock Market in Riyadh, Saudi Arabia June 21, 2018. (Arab News)

June 21st, 2018 - 11:23 GMT

Saudi Stock Exchange Cheers MSCI Emerging Market Upgrade

The Haramain high-speed rail link is among the Saudi infrastructure projects catching the attention of international investors. (AN)

May 21st, 2018 - 07:44 GMT

Could Saudi Arabia Become the China of the Middle East?

The company posted a net profit of $103.9 million for the first half of 2017, compared to $173.5 million in the same period of 2016. (Twitter)

July 18th, 2017 - 08:50 GMT

Omantel’s Net Profit Falls 39 Percent in H1 2017

Egypt's escalating military involvement in the Yemen conflict has had a negative impact on investor's confidence. (Image: file photo)

April 6th, 2015 - 07:58 GMT

Egyptian stocks plummet as Yemen confict deepens

Egypt's financial regulator quashes a much anticipated deal on EFG Hermes with Qatar's QInvest, citing the latter's inexperience

May 2nd, 2013 - 01:08 GMT

Egypt: EFSA cite "lack of experience" in quashing QInvest-EFG Hermes tie-up

Economists do not expect a significant decrease of imports due to the recent devaluations

January 17th, 2013 - 12:10 GMT

Egypt's weaker pound unlikely to boost economy

The Egyptian pound plummeted to an eight year low against the US dollar yesterday

December 31st, 2012 - 04:00 GMT

Egyptian pound slides against US dollar

The Egyptian economy is looking set to face a difficult 2013

December 20th, 2012 - 03:00 GMT

2013 looks set to be a tough year for Egypt's economy

"Black Sunday" for Egypt's economy after Morsi's power grab

November 25th, 2012 - 11:56 GMT

Egypt's economy in trouble on 'Black Sunday'

On an annual basis, real gross domestic product (GDP) expanded 4.3 per cent in the second quarter after a 5.9pc jump in January-March

September 3rd, 2012 - 01:16 GMT

Let the good times roll: Bahrain's GDP 4.3 % rise

The drying up of regional liquidity has had many effects on the GCC

February 1st, 2012 - 04:21 GMT

GCC Stock Market: Liquidity the lifeline