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MENA News
Saudi inflation up 1.8% in Feb.
Saudi Arabia's annual inflation rate increased to 1.8 per cent in February, up from 1.6 per cent in the previous…
UAE inks $5b deal for Budapest project
Hungary and the United Arab Emirates (UAE) signed a €5 billion deal to revitalise a run-down Budapest neighbourhood…
Middle East to become sole region boasting $3tn funds
The Middle East, abundant in oil wealth, is on the brink of becoming the sole region boasting three trillion-dollar…
Aramco eyes expansion in China
Saudi Aramco’s CEO, Amin Nasser, announced on Sunday that the company is exploring further investment opportunities…
Aramco’s ’23 profit drops to $121b
Aramco, the Saudi oil giant, announced on Sunday a $121 billion profit in 2023, down from its record high of $161…
Aramco raises dividend to $31b despite lower oil prices
Aramco raised its dividend payment to investors and the Saudi government, totalling $31.07 billion in the fourth…
Aramco, ADNOC discussing US LNG investments
Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are reportedly in discussions to invest in US liquefied…
Egypt lauds UAE’s swift actions regarding Ras El Hekma project
Egypt’s Prime Minister commended the UAE for promptly initiating the Ras El Hekma contract, paying the first…
Gulf markets dip as oil declines
Gulf stock markets were muted in early Tuesday trading due to declining oil prices as China’s economic reforms…
‘Egyptian Women’s Summit stands in solidarity with women of Gaza, Sudan,…
Dina Abdel Fattah, Founder of Top 50 Women Forum, held a minute’s silence before the start of third edition of the…