Energy giant paid out $46.4B in dividends despite dwindling price of oil
Four Israeli citizens and the financial firms they owned or operated were sued by U.S. securities regulators for allegedly using bogus swap and option trades to steal $80 million from investors, including Americans.
When the market doesn’t go your way, there’s a certain deflective comfort to be found in blaming the market. The slump in energy stocks has spurred some talk of getting out of public markets altogether - even as one company, Saudi Aramco, is apparently considering finally taking a giant plunge into them. Conflicting signals, yes, but united in one important aspect.
German exports to Iran fell by nearly half in the first six months of 2019, data showed Monday, suggesting companies are scaling back business ties with Tehran to avoid trouble with the United States after Washington re-imposed sanctions.
Qatar plans to build a new seaport at Somalia’s Hobyo, a potentially strategic investment in an area of East Africa fiercely contested by Gulf rivals.
Global oil markets face a “somewhat bearish” outlook for the rest of the year amid slowing economic growth and the long-running trade war, even though...
Ask Saudi Arabia about its preferred oil price and the kingdom will say it has no target.
Bank of Sharjah PJSC plans to issue dollar-denominated bonds later this year to help the UAE lender repay existing debt, people with knowledge of the plan said.
Lebanon’s sovereign ranking will probably be cut deeper into junk by S&P Global Ratings within days
The Lebanese commercial banks investments in foreign bonds and equities in 2018 dropped by 10.2 percent in 2018 to $3.56 billion compared to 2017
Planes could be powered by jet fuel made from household rubbish from 2024 under plans by Shell, British Airways and Velocys to build Europe’s first...
On a full moon at high tide each spring, schools of grunion fish flop out of California’s coastal waters to spawn in the sand.
The energy-rich Central Asian nation of Turkmenistan is hosting an economic forum intended to bolster cooperation between Caspian Sea nations.
ANKARA, Aug 9 (Reuters) - The Turkish Central Bank has dismissed its chief economist Hakan Kara and some department managers after a decision by the bank's...
The United Arab Emirates withdrew Thursday a complaint it made to the World Trade Organization accusing Qatar of imposing discriminatory trade restrictions on...
Saudi Arabia will relax its bug-damage specifications for wheat imports from its next tender onward, it told Reuters Thursday, opening the door to Black Sea...
The first company to make its trading debut on Egypt’s bourse this year, electronic-payments firm Fawry for Banking & Payment Technology Services, saw its...
Iraq is close to reaching a deal with oil majors BP and Eni for an export pipeline project that was initially planned as part of a mega-deal with U.S. energy...
Saudi Arabia is building a futuristic megacity with promises of talking robots and flying taxis, but for hundreds of thousands like academic Abdullah a simple...
Once the black sheep of emerging markets, the high-yielding Turkish lira is the only developing-nation currency to rise over the past month, bolstered by a...
Greece, Israel, Cyprus and the United States agreed to enhance cooperation in energy, cyber and infrastructure security, Greek Energy Minister Kostis...
Turkey’s lira has risen in recent months despite Ankara sacking the central bank governor and risking U.S. sanctions over Russian missiles, silencing for now...
It’s the fastest-growing economy in the Middle East and a darling among emerging-market investors, yet poverty has climbed and companies are struggling.
A slowdown in Turkish inflation probably took a pause as the government rebuilds its coffers with higher taxes while the central bank loosens monetary policy.
A measure of activity in Saudi Arabia’s non-oil private sector dropped in July for the first time this year, hitting a five-month low in a sign economic...
Signals from oil tankers last month suggest that Saudi Arabia is sending an ever-larger portion of its crude to China - with the U.S. losing out.
The downfall of Abraaj Group didn’t just kill the private equity firm Arif Naqvi built in Dubai. It ruined the entire market.
More than four years after the oil-price crash, Gulf Arab policymakers can finally count on support from the Federal Reserve to add fuel to their fragile...
The government in sanctions-hit Iran Wednesday approved a plan to remove zeros from the rial and rename the currency - something its people have long been...
It paid to make noise as an investor in the now-defunct Abraaj Group.
Turkey’s central bank lowered its inflation forecast for this year, opening the door for what may be the biggest easing push in emerging markets even as new...
The government in sanctions-hit Iran approved Wednesday a plan to remove zeros from the rial and rename the currency – something its people have long been...