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The IMFSaid Last Month That Growth in the Non-Oil Sector Was Expected to Accelerate as the Kingdom Moved Ahead With Economic Reforms. (Shutterstock)

September 18th, 2018 - 07:18 GMT

IMF Confident Saudi Can Meet 1.9 Percent GDP Forecast

Saudi Arabia’s economy can achieve an International Monetary Fund forecast of 1.9 percent gross domestic product growth this year, the central bank governor said on Sunday.

Egypt's severe housing shortage means it needs 500,000 homes every year at a price that does not exceed $100,000, or about 600,000 Egyptian pounds

March 26th, 2012 - 03:57 GMT

Optimism for Egyptian property

There is no dearth or shortage of crude in the market, everyone agrees

March 20th, 2012 - 11:39 GMT

Oil scene: Fuel market confusion

The pipeline would extend from oilfields to the capital Juba where the crude would be transferred to trucks and taken on to Kenya and Djibouti

March 19th, 2012 - 01:37 GMT

South Sudan plans underwater pipeline for oil exports

Syria

March 13th, 2012 - 04:20 GMT

Al-Arabi calls for international probe into Syrian "massacres"

For years, the government has resisted cutting subsidies for fear of igniting inflation and the wrath of its citizens

March 12th, 2012 - 08:04 GMT

Egypt looking at energy subsidies to cut deficit

Anisa Makhlouf, mother of Bashar al-Assad, wife to late Hafez al-Assad

March 11th, 2012 - 01:55 GMT

Assad’s Mother Dreads a Gaddafi-Like Fate for her Baby Bashar

In February, the biggest increase in OPEC supply once again came from Libya

March 11th, 2012 - 01:46 GMT

OPEC oil output rises to over 3-year high

World equities and oil have typically been closely correlated since 2008 because both were driven by global demand

March 6th, 2012 - 12:59 GMT

High oil price raises spectre of recession

Egypt’s 20-year gas deal with Israel, signed during the Mubarak era, is unpopular with some Egyptians, with critics accusing Israel of not paying enough for the fuel

March 6th, 2012 - 07:08 GMT

Egypt gas pipeline bombed for the 13th time

US sanctions on Iran’s oil buyers, to begin July 1, have already forced its customers in Europe and Asia to curb purchases from the world’s fifth-largest crude exporter

March 5th, 2012 - 08:29 GMT

Saudi Arabia is taking steps to contain Iran oil threat

Syrian president

February 27th, 2012 - 07:25 GMT

65 dead as Syrian opposition suffers another blow

Homs

February 25th, 2012 - 05:24 GMT

At least 30 killed as Syrian opposition disappointed by Tunis conference