Abu Dhabi awards Japan’s INPEX stake in oil concession
Abu Dhabi's state energy company ADNOC said Monday it had awarded Japan's INPEX a 10 percent stake in an offshore oil concession, in a...
Iran central bank takes steps to shore up rial
Iran's central bank on Thursday announced a hike in deposit rates in a bid to shore up the value of the rial, after police...
Iraq, U.S. Exim Bank to sign $3 billion agreement
The U.S. Exim Bank plans to extend Iraq a $3 billion credit line to help rebuild the country after the war with Islamic State,...
Iraq asks BP to study developing Kirkuk oilfields
Iraq has asked British energy giant BP to draft a study on boosting production in all the oilfields of northern Kirkuk province, Oil Minister...
Abu Dhabi financial regulator may create framework for virtual currencies
The regulator of Abu Dhabi's international financial centre said it could create rules for exchanges handling virtual currencies, in a sign that authorities in...
Arab Bank pleased court rejects jury’s verdict on attacks
Jordan-based Arab Bank say it's thankful a New York court ruling brings to a close a civil case American victims of suicide bombings had...
Israel regulator seeks to ban bitcoin firms from stock exchange
Israel's markets regulator will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange,...
World Bank approves $1.15 bln development policy loan for Egypt
The World Bank Group said its executive board approved on Tuesday a $1.15 billion development policy loan for Egypt to support the country's economic...
OPEC, Russia head for oil cut extension but wary of overheating market
OPEC and Russia look set to prolong oil supply cuts until the end of 2018 this week while signalling that they may review the...
Iraq boosts southern ports oil export capacity to 4.6 mln bpd -statement
BAGHDAD, Oct 29 (Reuters) - Iraq has announced that it has managed to boost oil export capacity from its southern ports to 4.6 million...
