Egypt strengthens exchange rate versus the dollar
Egypt has strengthened the official exchange rate of its currency by 0.20 pounds against the dollar.
Figures posted Wednesday on the website of the National...
Oil falls to 11-year low, Saudi-Iran row seen making output restraint unlikely
Oil fell to its lowest in more than 11 years on Wednesday, down around 2 percent, as the row between Saudi Arabia and Iran...
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,...
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...
Egypt losing $250 million per month after Russian plane crash
An Egyptian government official says Egypt has lost hundreds of millions of dollars since last year's suspected bombing of a Russian plane, which crippled...
Nokia bid for Alcatel-Lucent opens Wednesday
An all-share offer by Finnish telecom group Nokia for its French-American rival Alcatel-Lucent will open on Wednesday, the French financial markets authority (AMF) said.
If...
IMF chief calls for reforms in Gulf amid low oil prices
On a trip through a Gulf squeezed by low oil prices, the head of the International Monetary Fund repeatedly called on countries to cut...
Oil prices trading below $43 in Asia
Oil prices traded below $43 in Asia on Friday as U.S. markets took a break for Thanksgiving and Russia ruled out a military strike...
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...
Online iqama services drive local agents out of business
JEDDAH: The new online service of Passport Department, including renewal of residence permits and other procedures related to expatriate workers, closed the door of...
