OPEC announces cheap oil taking longer to subdue rival suppliers
Saudi Arabia tells OPEC it trimmed output in July and Further raises 2015 non-OPEC oil supply forecast * Points to larger 2.28 mbpd supply...
Rebound-hopes in Asian markets following virus impact
As hopes the deadly new Coronavirus will have only a short-term impact on corporate earnings and economic growth prevailed, Asian markets rebounded Wednesday.
US and...
Saudi-US companies sign several cooperation pacts
A number of economic agreements and partnerships were signed between Saudi companies and establishments and their American counterparts during the Saudi-American Investment Forum organized...
Biggest 2016 risk may be the one just behind us: Oil
The biggest financial risk in 2016 may be the one that's been on stage all year.
In Britain's popular Christmas pantomime shows, audiences scream out...
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...
U.S. Secretary Kerry offers support to struggling Tunisia
U.S. Secretary of State John Kerry is in Tunisia for economic and security talks to show support for the North African nation's fledgling democracy.
Kerry...
IMF approves $5.2 bn, 1-year loan program for Egypt
Washington (AFP) - The IMF board on Friday approved a one-year, $5.2 billion financing package for Egypt to help the country alleviate the economic...
Algerians are watching the collapse of oil prices with alarm
The economic impact of the Coronavirus pandemic, which has sent global demand for crude into tailspin, threatens to fling Algeria into a new crisis...
Lebanon rescue plan amid soaring Inflation, unemployment and poverty
Lebanon is seeking IMF help and wants to restructure around $90 billion in debt to tackle a fiscal crisis that has prompted a sovereign...
Amid Coronavirus, Pakistan seeks $1.4 billion IMF loan
Government finance adviser Abdul Hafeez Shaikh said on Wednesday that Pakistan is seeking another $1.4 billion loan from the International Monetary Fund (IMF) to...
