Lebanon calls for global help
Lebanon, one of the most indebted nations in the world, defaulted for the first time in March on its sovereign debt. Anti-government protests that...
Asian stocks rebound after Paris attacks
Asian stock markets bounced back on Tuesday as investors looked past last week's attacks in Paris. Tokyo stocks rose on expectations for further stimulus...
Turkish banker gets 32 months prison in U.S. case over Iran sanctions
A U.S. judge sentenced Mehmet Hakan Atilla, a Turkish banker at Turkey's state-controlled Halkbank, to 32 months in prison on Wednesday after he was...
Iran central bank takes steps to shore up rial
Iran's central bank on Thursday announced a hike in deposit rates in a bid to shore up the value of the rial, after police...
Israel soon to open Abu Dhabi office for renewable energy
Israel's Foreign Ministry says the country will soon open an office at a renewable energy agency in Abu Dhabi, the United Arab Emirates' capital...
Oil weakness clouds outlook for Gulf corporate bonds
The dramatic decline in crude oil prices over the past year has left some corporate and infrastructure companies in the Gulf Cooperation Council (GCC)...
Saudi to unveil 2016 budget with huge shortfall
Saudi Arabia unveils its 2016 budget on Monday with the oil powerhouse expected to project a huge deficit following the collapse of crude prices.
The...
Gulf investors inflow sentiment toward Saudi Arabia jumps
Gulf investors are increasingly planning to invest in Saudi Arabia on the back of confidence in its long-term economic performance and its opening to...
Oil prices rise in Asia with OPEC meeting in focus
Oil prices rose in Asia Tuesday but dealers were cautious before an OPEC meeting at which the cartel is expected to maintain high output...
Oil prices up as Canada wildfires threaten crude output
Oil prices climbed in Asia Thursday with Brent breaching $45 a barrel following a fall in US production while raging wildfires threatened to cut...
