Monday, January 12, 2026

Amid airport closure, Lebanon banks halt dollar withdrawals

On Monday, long queues formed outside several banks north of the capital as monthly salaries came through after two weeks of ongoing home confinement. A...

Saudis Appeal for Royal Guidance on Economy After Stocks Sink

Saudi plastic surgeon and stock-market investor Sami al-Harki is looking for help. Al-Harki already lost 40 percent on his shares, but doesn’t want to sell...

2-7% increase in retirement pensions – Algeria

Algeria, the OPEC member's public finances have come under pressure after a sharp fall in global crude oil prices caused energy earnings, the main...

A rosier outlook in the Asian markets

Upon signing the China-US trade pact, the mood in most Asian markets remains upbeat and the global outlook appears a little rosier. Focus now turns...

Oil prices slip on Chinese demand concerns, weak Saudi exports

Oil prices fell on Monday on concerns about the pace of economic growth in China, the world's largest energy consumer, and signs that global...

Oil prices up in Asia, oversupply hobbles gains

Oil prices rebounded in Asia Wednesday but buying sentiment remains sluggish owing to supply glut woes and a strong dollar. Traders are waiting for the...

Wall St rises as health care rebounds

U.S. stocks rose in a volatile session on Wednesday, led by a rebound in biotechnology stocks, putting the S&P 500 on track for its...

$20 bln to be offered by Oman central bank as extra liquidity

As one of several measures aimed at supporting the economy, Oman's central bank is preparing to provide some 8 billion Omani rial ($20.8 billion)...

12 hours maximum work period for private sector

The Ministry of Labor announced that amendments that have been recently adopted will enter force starting Oct. 8. The amendments emphasize the prohibition of keeping...

Europe shares fall, Turkish assets hit after jet shot down

European shares followed Asian stocks lower on Monday while a slightly weaker dollar eased the pressure on beleaguered metals that held near multi-year lows. Turkish...

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