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...
Saudi offers of extra oil in Asia fail to lure interest in cutthroat market
Saudi Arabia failed to attract offers for additional oil cargoes for loading in October, industry sources said, in a sign that the market remains...
France warns Lebanon risks collapse after explosion, crisis
BEIRUT (AP) — Lebanon is in such a deep political and economic crisis the country risks collapsing altogether, France’s foreign minister said Thursday, ahead...
European shares end higher led by auto, oil stocks
European shares closed higher on Tuesday, led by auto and oil sector stocks and helped by expectations central banks in Europe and the United...
Dutch Supreme Court seeks European clarification on Pirate Bay
The Dutch Supreme Court referred a landmark case against the file-sharing website Pirate Bay to the European Court of Justice on Friday, a move...
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...
France and a number of countries expressed desire to help Lebanon
Lebanese president Michel Aoun said a number of states with France at the forefront had expressed desire to help Lebanon, the president's office quoted...
Saudi worries as UAE stocks sink on oil's slide
United Arab Emirates stock markets slid in early trade on Sunday in response to further weakness in oil prices and the decision by Fitch...
