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...
Gulf may stabilize as global background improves
Gulf stock markets may consolidate with a positive bias on Thursday after oil prices and global equities steadied on hopes that the devaluation of...
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)...
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...
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...
Oil dips on firm dollar, ahead of OPEC meeting
Oil dipped on Monday as traders remained cautious ahead of an OPEC meeting later this week and as a widely expected U.S. interest rate...
