When Deniz Tas reopened his 660-room hotel on Turkey's sparkling Aegean coast in July he had only a modest goal - to break even for the rest of a tourist season devastated by the coronavirus lockdown. For hotels across Turkey 2020 has become a fight for survival, with the outcome crucial...

Bahrain's government has raised its debt ceiling to 15 billion dinars ($39.79 billion) from 13 billion dinars to help finance public spending, the cabinet said Monday, as low oil prices and the coronavirus crisis have dented state revenues. The debt ceiling was also increased to pay for...

Saudi Arabia's energy ministry is to offer assistance so that Neom, a $500 billion high-tech development that includes tourism and sport facilities on the Red Sea, can be completed on schedule, minister Abdul Aziz bin Salman said Sunday. "We have to persevere and make all our capacities...

Days ahead of a final deadline, activation of a long-planned Algeria-EU trade deal risks unravelling as political and business leaders in the North African country warn it will undermine economic sovereignty. The deal is meant to come into effect on September 1, a decade and a half after...