Economy down 3% due to Coronavirus in Jordan
Jordan's cash-strapped economy is expected to contract around 3% in 2020 due to the impact of the Coronavirus, the finance minister said on Sunday.
The...
Goldman Sachs dips toe into consumer banking
Goldman Sachs, known for financing mega-deals and servicing the ultra-wealthy, is now open to the general public. And its interest in the average American...
In Egypt, medicines disappear from shelves as dollar crisis bites
Nahed Ibrahim has scoured Egypt in vain to find a regular supply of medication to help her mother to recover from a stroke she...
Saudi allows Binladin Group tenders days after layoffs
Saudi authorities have allowed construction giant Binladin Group to tender for public building projects in the kingdom again, local media reported, just days after...
World disasters cost $71 billion in first half of 2016
From earthquakes in Japan to wildfires in Canada, disasters cost the world economy $71 billion (62 billion euros) in the first half of the...
Emirates airline says profits are up amid lower oil prices
The Middle East's biggest airline, Emirates, says its profits jumped by about 56 percent to $1.9 billion in the last fiscal year largely due...
South Korea builder confident of $20 billion Saudi housing deal
A South Korean constructor that jointly won a $20 billion housing deal with Saudi Arabia said Monday it was confident the project would go...
Virgin Mobile passes 1m customer mark in Kingdom
Virgin Mobile Saudi Consortium, the Saudi Arabian subsidiary company of Virgin Mobile Middle East & Africa, is now serving over a million customers in...
Israeli lawmakers negotiate ahead of looming budget deadline
JERUSALEM (AP) — Israeli lawmakers were trying to negotiate a last minute deal on Sunday to push back a looming budget deadline and avoid...
Germany, Europe’s largest economy, struggles
The Eurozone economy struggles against headwinds from the U.S-China trade dispute and Britain's departure from the European Union.
The state statistics agency said Friday there...
