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...
Lebanese c.bank says can’t use obligatory reserve to finance trade
BEIRUT (Reuters) - The Lebanese central bank cannot use its obligatory reserve to finance trade once it reaches its minimum threshold, governor Riad Salameh...
Saudi Arabia crude exports fall to 7.276m bpd in July
Saudi Arabia’s crude oil exports in July fell to 7.276 million barrels per day from 7.365 million bpd in June, official data showed.
Monthly export...
Saudi Arabia says seeks to balance interests of oil consumers and producers
Saudi Arabia said on Monday its energy policy was geared towards balancing the interests of oil consumers and producers and encouraging investment in different...
Israel bans Palestinian agricultural exports
Palestinian Agriculture Minister Riyal al-Attari said on Saturday that Israel has escalated a trade war with the Palestinians by stopping their agricultural exports through...
Losses from oil blockade surpass $4 billion in Libya
Amid an escalation of fighting between rival forces for the capital Tripoli, losses from a protracted blockade of Libya's vital oil files and ports...
Saudi stock market surges, petchems climb on oil rebound
Saudi Arabia's stock market rose sharply in heavy turnover during early trade on Thursday as petrochemical shares in particular surged in response to 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...
Dubai to inject capital into Emirates Airline
Emirates Airline, with its vast fleet of 271 wide-body aircraft, is the largest carrier in the Middle East and has huge strategic importance for...
