Saudi Arabia to increase oil drastically

Saudi Arabia announced a record budget deficit and cuts to fuel and utility subsidies as the oil powerhouse suffers from a drastic fall in...

US State Department Approves The Sale of 22,000 Bombs To Saudi...

The US State Department have approved a deal worth $1.3 billion. This equates to 22,000 smart bombs that are to be used in the...

$4 billion Saudi investment into Egypt?

A Saudi businessman is in talks with Egyptian authorities over a $4 billion tourism resort in Egypt's Red Sea region of Sharm el-Sheikh, Egyptian...

Chinese, Israeli and Turkish investors show interest in Crimea

    According to the deputy head of the Crimean government, Georgy Muradov states that China, Turkey and Israel have shown great interests to cooperate with...

Egypt and Chinese economic cooperation to strengthen

Egypt has announced it will be offering China investment projects into electric-generation, railway and train carriage constructions, and many others. These will be proposed...

UAE-China $10 Billion Investment Fund

The United Arab Emirates and China have agreed to found a $10 billion co-investment fund to strengthen trade ties with other Gulf nations and...

Arab nations eye China, domestic market to revive tourism

Arab nations are looking to Chinese visitors to revive their tourism sectors, battered by security fears, and also need to develop homegrown tourism as...

Russia to make $21bn in export deals with Iran

Russia is sending one of its biggest trade delegations to Iran next month in the hope of cementing an industrial export deal worth more...

Israel and Egypt To Make $10 Billion Gas Deal

Levithian's four partners compising of Houston-based Noble Energy, and Israel's Delek, Avner and Ratio, have reached a preliminary deal to export gas to Egypt....

Iran’s Central Bank to get $32 bn of frozen assets after...

Iran will receive $32 billion of frozen assets after sanctions were lifted in a deal with world powers over its nuclear program, Iranian central...