Monday, August 24, 2026

12 hours maximum work period for private sector

The Ministry of Labor announced that amendments that have been recently adopted will enter force starting Oct. 8. The amendments emphasize the prohibition of keeping...

MIDEAST STOCKS-Oil weakness may dampen Gulf, land tax plan hit Saudi

Oct 20 Middle East stock markets may be soft on Tuesday because of weak oil prices and global equity markets, while progress towards imposing...

Egypt’s working poor suffer Virusoutbreak

One third of Egypt's population of more than 100 million lives in poverty, surviving on about $1.50 or less a day. For many who were...

Britain's FTSE falls back with Ashtead, travel stocks under pressure

Britain's top stock index retreated after hitting a three-week high earlier in Thursday's session, weighed down by Ashtead and travel stocks hit by rising...

Tadawul: Insurance stocks among the top gainers

Middle East stock markets moved little in modest trading volumes on Sunday as uncertainty over oil prices and the global market environment kept many...

Fears of world food inflation due to Panic buying and lockdowns

A senior economist at United Nations' Food and Agriculture Organisation (FAO) and agricultural analysts stated that lockdowns and panic food buying could ignite world...

Emirates and Etihad airlines ask crew to take more unpaid leave

DUBAI, Aug 25 (Reuters) - Middle East airlines Emirates and Etihad Airways have again asked cabin crew to take unpaid leave as they try...

Lebanese choked by bank controls

Dozens of people line up every morning outside a bank in Lebanon's capital long before the doors open, hoping to extricate whatever little cash...

IMF approves $5.2 bn, 1-year loan program for Egypt

Washington (AFP) - The IMF board on Friday approved a one-year, $5.2 billion financing package for Egypt to help the country alleviate the economic...

Saudi offers of extra oil in Asia fail to lure interest in cutthroat market

Saudi Arabia failed to attract offers for additional oil cargoes for loading in October, industry sources said, in a sign that the market remains...

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