Kurdistan government needs support to plug $100 million monthly deficit
The Kurdistan Regional Government (KRG) in Iraq needs budget support to plug a monthly deficit of $100 million and would accept any conditions that...
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...
OPEC sees non-cartel oil supply falling in 2016
OPEC said Thursday that it expects oil production by countries outside the cartel to fall in 2016 by more than it previously forecast, in...
Israel seeks 'solution' over Egypt gas row
Israel announced Tuesday that it was sending an envoy to Cairo to find a solution after Egyptian firms were ordered to pay $1.76 billion...
Asia oil prices dip on oversupply concerns
Oil prices fell in Asia on Thursday as supply outlook improved with both commodities hovering close to the key $50 mark, worrying traders about...
Iran oil minister says will keep raising production
Iran will continue increasing its oil production and exports until it reaches the market position it enjoyed before the imposition of sanctions, Oil Minister...
Paris attacks weighon Airline and travel stocks but impact seen short-lived
Airline and travel-related stocks tumbled in Asia Monday following the deadly terror attacks in Paris, but analysts and industry players said they expect the...
German business confidence unfazed by Paris attacks
German business confidence bounced back in November as Europe's top economy shrugged off global uncertainty and the deadly assault in Paris, a leading economic...
Erdogan aide calls for nationalisation of Turkey's Isbank
An aide to Turkish President Tayyip Erdogan has called for the nationalisation of the country's biggest private bank, Isbank, in which the main opposition...
Oil prices bounce back on eve of OPEC meeting
Oil prices bounced back in Asia Thursday but trading was cautious on signs the OPEC cartel is divided ahead of a meeting on whether...
