Oil prices fall before US energy report
Oil prices fell Wednesday as traders awaited the release of US crude inventory data, which are expected to show a further rise in stockpiles.
At...
Dubai to inject capital into Emirates Airline
Emirates Airline, with its vast fleet of 271 wide-body aircraft, is the largest carrier in the Middle East and has huge strategic importance for...
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...
Iran offers no action in support of global oil pact
Iran on Wednesday stopped short of offering to restrain oil output as part of a global pact to freeze production to prop up prices,...
Egypt's pound flops on black market amid exchange crackdown
Egypt's currency is plunging to new lows on the black market, with traders selling it from between 11 and 11.15 Egyptian pounds to the...
Oil prices steadier after gains
Oil prices were steady Monday after last week's rally, as traders reacted to renewed oversupply concerns spurred by an increase in US rigs output,...
IMF chief says more unity needed in Lebanon on reforms
WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Friday she does not yet have reason to see a breakthrough in...
Fears of world food inflation due to Panic buying and lockdowns
A senior economist at United Nations' Food and Agriculture Organisation (FAO) and agricultural analysts stated that lockdowns and panic food buying could ignite world...
12 hours maximum work period for private sector
The Ministry of Labor announced that amendments that have been recently adopted will enter force starting Oct. 8.
The amendments emphasize the prohibition of keeping...
Oil price below $40 after OPEC decides against output cut
Oil stayed below $40 a barrel in Asia Monday after the OPEC cartel decided against slashing high output levels and traders turned their attention...
