Monday, August 24, 2026

IMF cuts Eurozone growth forecast after Brexit

The IMF cut its growth forecast for the eurozone on Friday, citing the fallout from Britain's shock vote to leave the European Union. The IMF...

OPEC's Badri hopes for positive meeting in April, says Iran could join later

Iran may join other oil producers planning to freeze production to support prices at a later date, OPEC's secretary general said on Monday, since...

Qatar 'optimistic' ahead of crunch Doha oil talks

Qatar said Thursday there was an "atmosphere of optimism" that an agreement would be reached at this weekend's crunch meeting of the world's major...

Commodity slump forces Africa to rely on IMF

Falling commodity prices have pushed several African countries back into the embrace of the International Monetary Fund, which has an opportunity to push for...

OPEC, non-OPEC experts to talk, but unlikely to cooperate on cuts

A meeting of OPEC and non-OPEC oil market experts this week is unlikely to increase the prospect of joint co-operation on supply curbs or...

Oil slump has uneven impact on global prices at the pump

A dramatic drop in oil prices is translating into a mixed bag for motorists across the globe - from hefty savings at the pump...

Saudi Housing Ministry imposes annual tax on undeveloped land

Saudi Arabia has imposed an annual tax on undeveloped urban land, the Housing Ministry said on Sunday, finalising the rules for a system intended...

Syria funds suggest ISIS link to militants arrested in Indonesia

Some of the Indonesian men arrested at the weekend after tip-offs that they were planning a string of militant attacks had received funding from...

Saudi Aramco to expand as oil demand grows

State oil giant Saudi Aramco, which could soon become the world's largest listed company, will keep expanding despite low crude prices, its president said...

Saudi plans stock market reforms to draw foreign money

Saudi Arabia announced a string of reforms to its stock market that could attract billions of dollars of fresh foreign money and smooth sales...

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