Cairo ‘really angry’ over western pressure to open Rafah crossing to Palestinian refugees fleeing Israeli offensive

Saudi Arabia has scaled back its medium-term ambitions for the desert development of Neom, the biggest project within Crown Prince Mohammed bin Salman’s plans for diversifying the oil-dependent...

Robin Brooks speaks in the sober monotones of a Ph.D. economist who’s dedicated much of his career to calibrating fair-value models for foreign-exchange rates.

Israel and allies including the US, UK and France managed to mostly foil an unprecedented attack by Iran on the Jewish state.

تبدأ الحلقة الحادية عشر لبرنامج البشير شو ستار اكس برسالة يؤكد بها برنامج البشير شو أنه مع الاخلاق ومع الحرية فيحاول احمد البشير فهم كلمة المحتوى الهابط او ا...

An International Monetary Fund mission to Egypt has extended its visit until the end of the week for urgent talks on a potential deal that may bring in partners and exceed $10 billion. Egyptian...

Dubai said it began repaying a $20 billion bailout loan from Abu Dhabi and the country’s central bank, as part of an effort to reduce its debt burden almost 15 years after the sheikhdom teetered on...

Egypt will hold its next presidential election in December, with the vote taking place earlier than expected as authorities face pressure to devalue the currency and take other steps to end an...

The World Bank is set to provide Egypt with over $6 billion, boosting the global bailout for the North African nation’s struggling economy to more than $50 billion in the past few weeks.

The European Union pledged a €7.4 billion ($8.1 billion) aid package for Egypt, the latest push by the international community to buoy the struggling economy of a North African nation seen as vital...

Egypt expects to get $400 million in budget support from the UK over two years, the latest component of a vast global bailout for the North African country’s economy.

The US and Iran are close to an informal understanding under which Tehran would free American prisoners and eventually limit its nuclear program, people familiar with the matter said.

Hungry to diversify their economies beyond fossil fuels, Middle Eastern powers are investing in the resources needed to produce clean energy

Egypt signed a local-currency swap agreement worth around $1.4 billion with the United Arab Emirates, as the North African nation seeks ways to ease an economic crisis.

Former President Donald Trump’s economic advisers are considering ways to actively stop nations from shifting away from using the dollar — an effort to counter budding moves among key emerging...

The International Monetary Fund is close to agreeing on a new financial package for Egypt, according to the Washington-based lender’s managing director.

The World Bank is set to provide Egypt with over $6 billion, boosting the global bailout for the North African nation’s struggling economy to more than $50 billion in the past few weeks.

Egypt expects to get $400 million in budget support from the UK over two years, the latest component of a vast global bailout for the North African country’s economy.

The Executive Board of the International Monetary Fund (IMF) completed the first and second reviews of Egypt’s Extended Fund Facility arrangement with Egypt and approved an augmentation of the...

Citigroup Inc. predicts Egypt will hold off on devaluing its currency until at least September as the prospect of bumper tourism revenue and sales of state assets ease the pressure on the economy.

Egypt’s biggest state-owned lenders are dangling higher returns on dollar-denominated certificates of deposit to foreigners and locals, in the latest push to tackle the country’s worst foreign...

After spending years building soft power, the wealthy Gulf nation is under pressure to show its Western allies they need it as much as it needs them.

A number of Egyptian banks have imposed new limits on international credit card transactions as the North African nation wrestles with its worst foreign currency crunch in decades.

Saudi Arabia’s football clubs will not repeat their footballing spending spree this summer, after the Kingdom made plans to reduce losses and build a more sustainable domestic transfer market.

Egypt has removed one key concern that’s held up a review of a $3 billion rescue program with the International Monetary Fund, according to people familiar with the matter, even as impending presid...

Saudi Arabia — more than Russia, the US, or even OPEC+ as a whole — will dictate oil’s direction for the rest of the year and beyond.

From selling meat in grams to buying fruit by the piece, Egyptians are bracing for more hardship as prices keep rising after another currency devaluation.

Egypt sold a tiny fraction of the bonds on sale in an auction as the government balked at paying what investors fearful of another plunge in the value of the pound are demanding to buy its local...

Saudi Arabia will rely on the biggest debt program since its debut in international bond markets in 2016 to absorb the shock to the budget from collapsing energy prices and cuts in oil output.