Egypt President Abdel Fattah al-Sisi gave orders to increase the exceptional bonus to state subsidy cards to 300 Egyptian pounds ($15.62) from 100, according to the state news agency (MENA). Sisi…

Qatar's central bank has issued its first license for digital payments services to iPay by Vodafone Qatar and Ooredoo Money, it said in a tweet on Tuesday.

Britain's services businesses reported a record increase in costs over the past three months and are downbeat about the future, as inflationary headwinds look set to squeeze demand further, the…

The Russia-focused Sovecon consultancy said on Monday it had raised its forecast for Russia's wheat exports in the 2022/23 marketing season which started on July 1 by 200,000 tons to 43.1 million…

Oil rose more than 1% on Monday, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar and a dire outlook for U.S. growth. Saudi…

The U.S dollar climbed to a 20-year high against other major currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest rates would be kept higher for longer to bring down…

Major Gulf stock markets ended lower on Sunday as investors in the region reacted to comments by Federal Reserve Chair Jerome Powell signaling the U.S. economy would need tight monetary policy "for…

Teams of drillers are working long hours to build wells to fight a devastating drought sweeping parts of China, farmers in Jiujiang city in the country's central Jiangxi province told Reuters on…

The efforts of countries located in Syria’s vicinity and working to return Syrian refugees to their country forced the refugees to head to the real estate market, which is witnessing a major…

Egypt's new central bank governor, Hassan Abdalla, faces a daunting task as he tries to repair an economy derailed by an overvalued currency, rampant inflation, and a banking system emptied of most…