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...
Banks lead Europe shares higher, oil up before Yellen
European stocks rose on Wednesday, rallying after losses in Asia, as concerns about the health of banks that have hammered shares globally in recent...
Youths in Tunisia’s deprived south dream of ‘real’ jobs
Tataouine (AFP) - In the southernmost Tunisian town of Tataouine, being young often means being unemployed, while even those who have a job dream...
Saudi Arabia to convert state real estate fund into bank
Saudi Arabia plans to convert a state-owned housing fund into a bank, the latest in a string of reforms to the economic policy apparatus...
Kuwait awards record $30 bn on projects despite oil slide
Kuwait has awarded projects worth a record $30 billion so far this year despite the sharp fall in oil income, officials and experts said...
UAE, China to set up $10 bln joint strategic investment fund
The United Arab Emirates and China have established a joint strategic investment fund worth $10 billion, the UAE’s state news agency reported, as China...
Lebanon to review bids from financial and legal advisers
On Friday Lebanon will review proposals from firms bidding to be its financial and legal advisers.
The financial and legal advice revolve around options for...
ABN Amro fined for lax money laundering measures in Dubai
Dutch bank ABN Amro has been fined more than 1 million euros for "serious shortcomings" in procedures to prevent money laundering at its private...
Salaries in Kingdom grow 4.5% in 2015 despite falling oil prices
JEDDAH — Salaries across Saudi Arabia have increased by an average of 4.5 percent in 2015 – slightly below the rate of 5 percent...
Global oil demand growth to slow in 2016
The world's demand for oil is expected to slow in 2016 in response to a more pessimistic outlook for the global economy, the International...
