HSBC whistleblower skips Swiss trial
The Swiss trial against a former HSBC employee who leaked documents alleging the bank helped clients evade millions of dollars in taxes opened Monday,...
Dubai's Dnata buys stake in Brazil airport services firm RM
The company that runs Dubai-based airline Emirates says it has bought a majority stake in a Brazilian firm that provides ground handling services at...
Islamic halal economy set to grow, say experts
The halal economy is set to grow as the world’s Muslim population expands and more products are certified to comply with Islamic sharia law,...
UAE backs oil producers' output freeze plan
The United Arab Emirates has thrown its support behind a plan involving oil powerhouses Russia and Saudi Arabia to freeze oil production levels in...
Lebanon pound sinks to half official rate
For more than 3,000 to the dollar, the Lebanese pound fell in value Wednesday, half the official rate, foreign exchange bureaus said.
Lebanon has suffered...
Oil market is increasingly improving, Saudi oil minister says
BAGHDAD (Reuters) - The global oil market is improving and stabilizing, Saudi Oil Minister Khalid al-Falih said in Baghdad on Saturday.
In a speech at...
Nigeria minister sees emergency OPEC meeting in March
Nigerian oil minister Emmanuel Ibe Kachikwu said Tuesday that he expects an extraordinary meeting of the OPEC oil cartel in "early March" to address...
Israeli lawmakers negotiate ahead of looming budget deadline
JERUSALEM (AP) — Israeli lawmakers were trying to negotiate a last minute deal on Sunday to push back a looming budget deadline and avoid...
Saudi Arabia opens retail sector to more foreign investment
Saudi Arabia has approved rules opening its retail sector to greater foreign investment, official media said on Tuesday, as part of wide-ranging economic reforms.
The...
Gold dives close to six-year low
Gold sank Wednesday close to the lowest level in nearly six years, as the dollar rallied on prospects for a December interest rate hike...
