MIDEAST STOCKS-Saudi banks rebound after sell-off
Rebounding banking stocks lifted Saudi Arabia's market in early trade on Monday. Egypt's bourse was also positive in thin trade before an extended break.
The...
Funding and regulation challenge Saudi private sector drive
After decades of government-led growth, Saudi Arabia is handing over much of the responsibility for the economy to private firms - a prospect which...
Crop fires, a weapon of war, ruin Iraqi, Syrian harvests
IRBIL, Iraq (AP) — It was looking to be a good year for farmers across parts of Syria and Iraq. The wettest in generations,...
Emergency $5 billion loan as virus deaths climb to 429 in Iran
To help fight the spread of a new virus that’s swept across the country infecting more than 10,000 people and killing hundreds, Iran said...
U.S. Stock Indexes hold onto meager gains
U.S. stock indexes held onto meager gains in lackluster early-afternoon trading on Monday in the run-up to Thursday's Thanksgiving holiday.
Energy stocks rose with crude...
OECD calls for reforms to wake up growth
With little hope for the world economy picking up pace soon, governments must tackle reforms at home to kickstart growth, the OECD said on...
Oil-rich Congo's Sassou to boost budget in election year
Congo Republic plans to increase its budget by more than a third this year despite low oil prices, according to a draft report seen...
Libya cuts oil output by up to 120,000 bpd due to power problems
Libya's National Oil Corp on Wednesday cut oil production by about 120,000 barrels a day as its eastern subsidiary AGOCO faced power problems due...
Obama: U.S. and Gulf states will work together to deal with low oil prices
The United States and Gulf oil producers will work together to lessen the impact of low oil prices, President Barack Obama said in Riyadh...
Apple fading out Beats streaming music brand
Apple is ending the Beats streaming music service on November 30 as it seeks to bring users to its newly launched Apple Music.
The move,...
