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Business

  • Saudi Budget 2019
Saudi Jadwa Investment, an independent think-tank, estimated that oil revenues will come in at least $9 billion lower than projections
Saudi unlikely to meet 2019 budget objectives
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  • Saudi Economy
Saudi economy minister Mohammad al-Tuwaijri
Saudi readies to privatise five sectors
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  • Iraqi Oil Industry
An Iraqi worker operates valves in Nihran Bin Omar oilfield, north of Basra
Baghdad plans increased oil production and exports for 2019
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  • Oil Market
The US has surpassed Russia and Saudi Arabia as the world's biggest oil producer
Oil prices fall 4 percent
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  • Apple prices
Apple's actions had caused an "unjustified" increase in prices of its products in Egypt
Egypt threatens Apple with legal action
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  • Sudanese currency
The pound was trading at 57 to the dollar on the black market as recently as Saturday
Sudan pound deteriorates further
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  • Turkish economy
The construction sector contracted 5.3 percent year-on-year
Turkish GDP growth dwindles to 1.6 percent
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  • Turkey Economy
The Turkish lira traded at 5.3 against the dollar on Monday
Turkey economic growths slows considerably
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  • Housing Crisis
Builders and home buyers owe $24 billion to banks, which is equivalent to more than a third of credits to the private sector
Fears rise for Lebanon’s real estate sector
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  • OPEC Meeting
Saudi Arabia's oil minister Khalid al Falih
Falih: OPEC seeking 'sufficient cut' to balance oil market
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  • Oil Market
'No one is eager to cut unless there is an emergency'
Saudi Arabia seeks to persuade Russia to join oil cuts 
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  • Egypt Economy
Big market.
Egypt prepares for elimination of customs on European cars
Amr Emam
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  • Turkish inflation
The Turkish government has promised to fight inflation with a series of measures
Turkey inflation falls from 15-year high
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  • Libya Oil
Shifting dynamics. A general view of the Zawiya oil installation in Libya.
Prospects for Libyan oil improve
Francis Ghiles
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  • Morocco-Railways
French President Emmanuel Macron (L) and Moroccan King Mohammed VI attend the launch ceremony of Africa’s first high-speed train (LGV) in Tangier, on November 15.
Morocco expects economic dividends from high-speed train
Saad Guerraoui
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  • Natural Gas
ADNOC also reported the recent discovery of 15 trillion cubic feet of gas, adding 7.1% to existing reserves.
Abu Dhabi’s plans to become a natural gas net exporter
Jareer Elass
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