Egypt's annual urban consumer price inflation eases to 9.1 pct in February
Egypt's annual urban consumer and core inflation eased for a second consecutive month in February but rose month on month as food prices continue...
Egypt to offer incentives for low-cost airlines
Egypt plans to announce incentives for low-cost airlines such as easyJet and Germany's Air Berlin and Condor to help combat a slide in tourist...
Saudi Arabia seeks $6-8 billion bank loan
Saudi Arabia is seeking a bank loan of between $6 billion and $8 billion, sources familiar with the matter told Reuters, in what would...
Row over sandy tracks hits Spain-Saudi rail project
It is the biggest contract Spanish firms have ever undertaken abroad, a high-speed railway linking Islam's holiest cities, Makkah and Medina, in Saudi Arabia...
Saudi job creation dries up as oil price slumps
Saudi Arabia's plans for economic reform foresee winding down 'jobs for life' in an inefficient state bureaucracy and replacing them with new careers in...
Saudi to ban foreigners from selling mobile phones, create jobs for citizens
In an effort to provide more jobs to Saudi Arabian citizens, the kingdom will ban foreign workers from selling and maintaining mobile phones and...
Saudi Prince Sultan bin Salman says jobs are top priority
Saudi Arabia's Prince Sultan bin Salman said Tuesday that after years of his government "throwing funding" into sectors that failed to boost the economy,...
Foreign governments press Saudi Arabia on workers' delayed wages
Foreign governments are pressing authorities and executives in Saudi Arabia to ensure that local construction firms make delayed salary payments to thousands of workers,...
Global Muslim body urges ban on products from Israeli settlements
A global Muslim body called Monday for a ban on products from Israeli settlements in the occupied territories and pledged full support for the...
Oil ouput freeze already in place, says UAE
Emirati Oil Minister Suhail Mazrouei said Monday that current market prices are forcing most producers to freeze oil output levels, insisting it made "no...
