Saudi offers $1.5 billion to fund Egypt's Sinai projects
Egypt said on Sunday that Saudi Arabia has offered $1.5 billion to help finance economic projects in the Sinai Peninsula, as Riyadh continues to...
Global watchdog flags slow "too big to fail" bank rule adoption
Many countries have not yet introduced laws allowing regulators to write down bank's debts to avoid taxpayer bailouts and prevent them being "too big...
Oil prices hold steady in Asia
The rally in oil prices extended into Asian trade Friday, a day after the main US contract broke $40 for the first time this...
Russia to supply 40 Mi-28 attack helicopters to Algeria
Russia will deliver 40 Mi-28NE attack helicopters to Algeria in line with a bilateral contract, Interfax news agency said on Friday, quoting a source...
Fearing ISIS spillover, France to push Tunisia aid
France's foreign minister travels to Tunisia on Thursday aiming to firm up security and economic ties as Tunis struggles with rising Islamist militancy fuelled...
Low oil price sends Lufthansa profits soaring
German airline Lufthansa said Thursday that low oil prices and booming passenger business sent profits soaring in 2015, a year marred by the Germanwings...
Oil rebounds as producers agree to meet
Oil prices rebounded Wednesday, as Qatar said producers from within and outside OPEC would meet next month to discuss a freezing of output.
Prices had...
Iraq preparing to push ISIS away from oil region
Kurdish Peshmerga forces, an Iran-backed Shi'ite militia and Iraq's army will launch an offensive soon to push Islamic State fighters away from the northern...
OPEC and non-OPEC producers to meet in Doha on April 17
OPEC and non-OPEC producers will hold a meeting in the Qatari capital on April 17, the Qatari energy minister, who is also the current...
Bank of China gains foothold in Morocco
Bank of China has established a presence in Morocco that will further reinforce the Asian nation's far-reaching influence in resource-rich Africa, officials said.
The commercial...
