Oil prices slip on Chinese demand concerns, weak Saudi exports
Oil prices fell on Monday on concerns about the pace of economic growth in China, the world's largest energy consumer, and signs that global...
ECB outlook hit euro, lift stocks, oil drops before OPEC
The dollar hit its strongest since mid-March against a basket of its peers on Monday, at the start of a week likely to highlight...
Lebanon faces economic ‘catastrophe’ according to the new Prime Minister
Debt-ridden Lebanon faces an economic "catastrophe", Prime Minister Hassan Diab said on Wednesday as his newly unveiled cabinet met for the first time.
The U.S....
Horse Racing-Dubai World Cup prize money raised to $12 mln
Dubai's ruler on Wednesday increased the Dubai World Cup purse to $12 million, maintaining its status as one of the world's richest horse races.
The...
Large business scope for British ventures in Saudi Arabia
The opportunities for doing business in Saudi Arabia were explored during a day-long conference organized by the Middle East Association (MEA) and sponsored by...
Egypt struggles to get subsidised food to poor amid dollar crisis
"Any rice?" says the woman, leaning into a shop in Cairo and brandishing a green smartcard that carries her family's food credits. The shopkeeper...
IMF expects $500 billion revenue loss for Middle East oil exporters
Oil exporting countries in the Middle East lost a staggering $390 billion in revenue due to lower oil prices last year, and should brace...
IMF approves $5.2 bn, 1-year loan program for Egypt
Washington (AFP) - The IMF board on Friday approved a one-year, $5.2 billion financing package for Egypt to help the country alleviate the economic...
Iran reappoints Hedayatzadeh as boss of Swiss-based oil trading firm
Iran on Tuesday reappointed a former managing director of its Swiss-based trading company as part of a broader reshuffle aimed at bolstering its oil...
Saudi Arabia to continue energy investments despite oil price drop- Naimi
Oct 2 Saudi Arabia is continuing with its investments in the oil and gas industry even with the current drop in oil prices, the...
