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...
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...
Tackling the economic crisis in Lebanon, PM meets finance delegation
On a step to assist the debt-ridden country and rescue its moribund economy, a delegation from the World Bank's private lending arm is due...
Oil rebounds above $40, with eyes on Doha
The oil market rebounded sharply this week, with Brent back above $40 per barrel, as hopes grew of an output freeze at the looming...
U.S. sues to seize $1 billion in assets tied to Malaysian state fund
U.S. prosecutors are trying to seize more than $1 billion in assets they said were tied to money stolen from the Malaysian state fund, overseen...
Gulf investors inflow sentiment toward Saudi Arabia jumps
Gulf investors are increasingly planning to invest in Saudi Arabia on the back of confidence in its long-term economic performance and its opening to...
Oil falls after Saudi-Venezuela talks
Crude oil prices slid lower Monday, pushing US oil below $30 a barrel, after weekend talks between OPEC kingpin Saudi Arabia and Venezuela dashed...
Renewed protests in Lebanon following currency-collapse
Lebanon is grappling with renewed protests following a collapse in its currency, soaring inflation and spiraling unemployment, but its dire financial straits have only...
Lebanese financial crisis amid protesters-police clashes
On Monday, Lebanese protesters hurled rocks and metal barricades at security forces blocking a road near parliament.
These clashed happens amid a budget debate as...
OPEC December oil output slips, still near record
OPEC oil output fell in December, a Reuters survey found on Tuesday, led by lower supply from Iraq following a record-breaking month in November...
