China's retail investors seek safety first
As China's legions of retail investors flee the country's tumultuous equity markets, pushing stock prices down around 15 percent so far this year, money...
Iraq passes bill to unlock funds for cash-strapped state
Iraqi lawmakers Wednesday passed a crucial bill allowing the country to finance a widening fiscal deficit amid an unprecedented economic crisis spurred by falling...
Kuwaiti government requests special 6.2 bln dinar budget for weapons
The Kuwaiti government asked parliament to approve a supplementary budget of 6.2 billion dinars ($20.4 billion) to fund weapons purchases for the military over...
Israel bans Palestinian agricultural exports
Palestinian Agriculture Minister Riyal al-Attari said on Saturday that Israel has escalated a trade war with the Palestinians by stopping their agricultural exports through...
Wall Street set to open higher as oil prices continue rise
Wall Street was set to open higher on Wednesday as crude oil prices rose for the fourth day in a row, with Brent crude...
Oman builds industrial outpost in desert to diversify economy
On a stretch of barren coast 550 km (345 miles) south of the capital Muscat, workers at a ship repair yard swarm over cargo...
Saudi pricing shows oil volatility in action amid oversupply
Saudi Arabia's decision to lower prices for oil loading in November shows that the battle for market share in an over-supplied Asian crude market...
Chinese businessman grows Asian Halal meat industry
The wine-swilling co-founder of Sai Wai Xiang Halal Foodstuff Co enjoys his pork and does not follow Islam, but still sells more than $50...
Oil market recovery will continue, says OPEC chief
OPEC president Mohammed bin Saleh al-Sada said on Tuesday that the current oil market recovery would continue into the second quarter of the year...
Israel seeks 'solution' over Egypt gas row
Israel announced Tuesday that it was sending an envoy to Cairo to find a solution after Egyptian firms were ordered to pay $1.76 billion...
