Turkish finance minister sees promising outlook for economic growth -Anadolu
Turkey is continuing its strong economic growth trend and the foundations of its economy are strong, new Finance Minister Berat Albayrak was quoted as...
Saudi Arabia: fossil fuels are still needed
Leading crude exporter Saudi Arabia supports efforts to limit global warming but believes fossil fuels should remain part of the world energy mix, Oil...
Oil plunges more than 6% as Brexit looms
World oil prices plunged more than 6.0 percent in Asia Friday after early results of a historic vote showed Britain increasingly moving towards bolting...
Lebanese parliament to tackle pressing financial issues at first session in a year
Lebanon's parliament convened on Thursday for its first legislative session in more than a year to pass financial laws the paralysed state urgently needs...
IMF cuts global growth outlook again, warns of political risks
The International Monetary Fund warned on Tuesday of the risk of political isolationism, notably Britain's possible exit from the European Union, and the risk...
Asian stocks rebound after Paris attacks
Asian stock markets bounced back on Tuesday as investors looked past last week's attacks in Paris. Tokyo stocks rose on expectations for further stimulus...
Standard and Poor's cuts Saudi Arabia's rating to A-
Standard and Poor's cut Saudi Arabia's credit rating by two notches on Wednesday, saying low oil prices would have a considerable impact on the...
Oil prices may reach $20, Saudi not willing to cut output
OPEC is determined to keep pumping oil vigorously despite the resulting financial strain even on the policy's chief architect, Saudi Arabia, alarming weaker members...
GCC debt to double, assets to slide by 2020
Public debt of the oil-rich Gulf states is expected to double and assets decline by a third by 2020 as they seek to finance...
Saudi conglomerate Binladin avoids financial crisis
Saudi Binladin Group, the kingdom's biggest construction conglomerate, appears to have pulled back from the brink of a financial crisis that risked damaging the...
