Iraq passes bill to unlock funds for cash-strapped state

Iraqi lawmakers Wednesday passed a crucial bill allowing the country to finance a widening fiscal deficit amid an unprecedented economic crisis spurred by falling...

Emirates and Etihad airlines ask crew to take more unpaid leave

DUBAI, Aug 25 (Reuters) - Middle East airlines Emirates and Etihad Airways have again asked cabin crew to take unpaid leave as they try...

Donor conference raises $1.8 billion for Sudan – Germany

Berlin (AFP) - Pledges worth $1.8 billion were made at a donor conference to drum up international support for Sudan on Thursday, said Germany's...

Iran oil exports has been reduced

Iran oil production projects have been reduced, Iran's Oil Minister Bijan Zanganeh said on Tuesday, according to the official IRNA news agency. Iran has had...

Asia stocks rise, spurred by hopes for COVID treatment

TOKYO (AP) — Asian shares were mostly higher Tuesday as investors hung onto hopes the coronavirus pandemic may come under control with treatments being...

Lebanese choked by bank controls

Dozens of people line up every morning outside a bank in Lebanon's capital long before the doors open, hoping to extricate whatever little cash...

Lebanese pound weakens during a coronavirus lockdown

Since the government declared a medical emergency on March 15, Lebanon's cash-strapped banks have limited their services to critical imports and paying out salaries...

Anid economic impact of Coronavirus, Egypt seeks aid

Egypt's Prime Minister, Mostafa Madbouli, said Sunday the country is seeking an aid package from the International Monetary Fund to offset the economic impact...

Israeli lawmakers negotiate ahead of looming budget deadline

JERUSALEM (AP) — Israeli lawmakers were trying to negotiate a last minute deal on Sunday to push back a looming budget deadline and avoid...

Bahrain raises debt ceiling to 15 bln dinars to finance public spending

DUBAI (Reuters) - Bahrain's government has raised its debt ceiling to 15 billion dinars ($39.79 billion) from 13 billion dinars to help finance public...

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