Saudi says oil price slump should not stop investment
Saudi Oil Minister Ali al-Naimi called for sustained investment in new output capacity Thursday despite the slump in world prices.
Naimi said global production lost...
Egypt bans domestic trading of imported wheat
Egypt has banned the trading of imported wheat inside the country, Supply Minister Khaled Hanafi said on Wednesday, a move which could reduce smuggling...
European stocks rebound strongly
European stock markets rebounded strongly Thursday following gains on Asian and US indices after the Federal Reserve suggested a likely US interest rate increase...
Egypt's pound flops on black market amid exchange crackdown
Egypt's currency is plunging to new lows on the black market, with traders selling it from between 11 and 11.15 Egyptian pounds to the...
Dollar hits 8-month high on rate expectations, metals drop
The dollar rose to an eight-month high on Monday amid heightened expectations that the U.S. Federal Reserve would raise interest rates next month, driving...
IMF chief says more unity needed in Lebanon on reforms
WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Friday she does not yet have reason to see a breakthrough in...
MIDEAST STOCKS-Saudi drops as energy price reform considered; Egypt falls
Saudi Arabia's stock market fell early on Tuesday 27/10 as the oil minister said the government was considering whether to raise domestic energy prices,...
U.S. delivers 8 Black Hawks to Jordan for its anti-ISIS battle
The United States has delivered eight refurbished Black Hawk helicopters to Jordan for the kingdom's battle against Islamic State extremists.
Jordan is part of a...
Wall Street set to open higher as oil prices continue rise
Wall Street was set to open higher on Wednesday as crude oil prices rose for the fourth day in a row, with Brent crude...
Oil prices up on geopolitical tensions sparked by Paris attacks
Oil prices climbed in Asia Monday on geopolitical tensions sparked by the deadly terror attacks in Paris, but analysts said a global crude supply...
