Saudi Arabia and the Palestinians agreed Thursday to establish a joint economic committee and a business council, as the Palestinian Authority faces a financing gap that could top $1.8 billion.
Russian President Vladimir Putin’s visit Monday to Saudi Arabia, only his second since he came to power two decades ago, underscores the new depth in ties between the Kremlin and the traditional U.S. ally.
The Turkish lira weakened against the dollar Thursday as investors fretted about negative international reaction to a ground operation launched by Turkish troops against the Kurdish militia in northeast Syria overnight.
European Union finance ministers agreed to remove the United Arab Emirates (UAE) and Switzerland from the bloc's lists of countries deemed to be acting as tax havens, according to a statement Thursday.
Two years after flying cows to Qatar to overcome a trade boycott against the desert state, Baladna Food Industries seeks to raise about 1.4 billion Qatari...
Saudi Aramco has enlisted the help of a former Donald Trump national security adviser and an ex-House of Representatives majority leader to pull off the...
The Middle East produces a fifth of the world’s oil, but the region’s never had a benchmark price that competes with London’s Brent or New York’s WTI.
Egypt’s real interest rates are again with few equals among emerging economies after inflation plummeted to the lowest in almost seven years, offering a fresh...
Lebanon is expected to wrap up the issuance of the Eurobond by mid-November 2019 at the most and the issue could reach up to $3 billion, depending on the...
Lebanon’s sovereign dollar-bonds fall by 1.9 cents after protests
Saudi Arabia and the Palestinians agreed Thursday to establish a joint economic committee and a business council, as the Palestinian Authority faces a...
The U.S. dollar fell against the euro Thursday as the common currency got a lift from the European Union and Britain striking a long-awaited Brexit deal.
About one-third of the oil tankers owned by COSCO Shipping Tanker (Dalian) have shut off their ship-tracking transponders since the United States imposed...
Attacks such as the one on Saudi oil facilities which last month sent oil prices up by as much 20% may continue if there is no concerted international...
Saudi Aramco chief: attacks may continue without international response
Fitch Monday downgraded Saudi Aramco by one notch after attacks last month on two production facilities, putting the rating of the state-owned oil giant at...
The Saudi central bank is vetting local lenders’ exposure to Saudi Aramco ahead of an initial public offering of the state oil giant that will likely see...
Saudi Arabia’s inclusion in the MSCI developing-economies equity benchmark has failed to pull in active emerging-market funds because of high valuations and...
The lira took a hit as investors braced for a Turkish military operation in Syria, yet losses were capped as U.S. President Donald Trump, in a U-turn, all but...
China National Petroleum Corp. is no longer a partner in Iran’s biggest natural gas project, and Tehran will develop Phase 11 of the giant South Pars field on...
Iran will not succumb to U.S. pressure and will use every possible way to export its oil, Iranian Oil Ministry’s website SHANA quoted Oil Minister Bijan...
Egypt’s Finance Minister Mohamed Maait said the country’s local currency debt will remain attractive even as the central bank joins a global easing...
Egypt’s finance minister is presiding over the Middle East’s fastest-growing economy, earning accolades from investors and international finance institutions...
Turkish authorities have fined Facebook Inc 1.6 million lira ($282,000) for violation of data protection laws which affected nearly 300,000 people, the...
This year, the oil market has faced some of the worst supply disruptions in recent times and yet prices remain stuck in the $60s.
JPMorgan Chase & Co. sees “a lot of opportunities” in the Middle East for banks with the right scale as the region taps bond markets and plans the...
Qatar’s economy looks far from top form as it wraps up a flurry of building projects for the 2022 football World Cup.
Dubai Aerospace Enterprise favors expanding its fleet via a takeover of a rival after the group was unable to agree on a major order from Airbus and Boeing,...
Saudi Arabia’s economy grew by 0.5 percent in the second quarter from a year earlier, government data showed Monday, hurt by oil output cuts and raising fears...
Saudi Aramco will increase dividend payments and pay less tax as the government tries to secure the $2 trillion valuation targeted by Crown Prince Mohammad...
Rating agency Fitch downgraded Saudi Arabia’s credit rating to A from A+ Monday, citing rising geopolitical and military tensions in the Gulf following an...
Thomas Cook has dues of 125 million Egyptian pounds ($7.7 million) to local operator Blue Sky Group, Blue Sky's chairman Hossam El-Shaer said Monday.
Dubai, defined by its glittering towers and man-made islands, is stuck in a five-year property downturn with no end in sight, drawing warnings of an industry...