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Business

  • Fuel prices
Sudan ended fuel subsidies as part of an IMF-backed reform programme
Sudan raises prices for petrol, diesel
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  • Emirates
The Emirates Group posted a $1.6 billion loss in the same period last year
Emirates posts record-breaking $1.2 billion half-year profit
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  • Tourism
Morocco has managed to recover more than 76% of tourist arrivals after the COVID-19 pandemic
Morocco seeks to double arrivals of UK tourists by 2027
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  • Russian gas
Ankara and Moscow agreed in September to start rouble payments for natural gas supplies
Turkey starts paying for some Russian natural gas in roubles
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  • Emirates
Emirates already operates 11 Boeing 777 freighters
Emirates acquires 5 Boeing 777 freighters
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  • AfDB
The Support Program for the Generalization of Social Security Coverage is worth €87 million
Morocco, AfDB sign two loan deals
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  • Oil Market
Oil refinery in Oman
Oman oil, condensate output up 10% year-on-year in Q3
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  • Oman economy
Oman's central bank
Oman central bank raises repo rate by 75 bps
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  • Credit Swisse
Middle Eastern investors to the rescue
Qatar Investment Authority plans to raise stake in Credit Suisse
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  • Libya's oil
Bengdara said that Libya's future in gas was even bigger than for oil
Libya NOC chief says oil output 1.2 million bpd
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  • Saudi Aramco
Aramco will keep its dividend this quarter at $18.8 billion, the world's highest
Bonanza third quarter for Saudi Aramco
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  • LNG market
Egypt has the ability to export up to 12 million tonnes of LNG a year
Egypt to hike LNG exports this year
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  • MENA economic growth
Growth in the MENA region is projected at 3.6% in 2023 due to worsening global conditions
IMF says MENA economies resilient in 2022
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  • Egyptian pound
Egyptian pound
Egypt's pound falls further against US dollar
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  • Twitter
Elon Musk has taken control of Twitter after a protracted legal battle and months of uncertainty
Saudi Arabia's Kingdom Holding to keep Twitter stake
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  • Airbus
Airbus said the new settlement would have no adverse impact on the earlier deal
Airbus confirms bribery settlement talks over Libya, Kazakhstan
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