ISTANBUL: The tumble in Turkey's currency on Friday signaled deepening pessimism about the country's economy after months of market declines. The lira fell...
ISTANBUL: The tumble in Turkey's currency on Friday signaled deepening pessimism about the country's economy after months of market declines. The lira fell...
ISTANBUL/WASHINGTON: President Tayyip Erdogan told Turks on Friday to sell their gold and dollars to support the crumbling lira, with the currency in...
Tehran: Iran's currency traded at a fresh record-low of 119,000 to the dollar on Tuesday, a loss of nearly two-thirds of its value...
WASHINGTON: The United States is pushing foreign countries to cut their oil imports from Iran to zero by November, a senior State Department...
AMMAN, Jordan: German Chancellor Angela Merkel on Thursday promised a $100 million loan to troubled Jordan, where mass protests over austerity measures forced...
DUBAI: Kuwait Foreign Petroleum Exploration Company (Kufpec), a subsidiary of state-owned Kuwait Petroleum Corporation, is seeking a five-year loan of over $1bn, banking...
Tunis: The World Bank decided to grant Tunisia a loan of USD 500 million, which it is expected to receive at the end...
Abraaj Group, the Middle Eastern investment firm which has been roiled by allegations of misused funds, commingled about $95 million after it faced...
The U.S. Treasury Department imposed sanctions Tuesday on Iran’s central bank governor and another senior official in the bank. Treasury’s Office of Foreign...
PARIS: French energy group Total said on Sunday it had signed a memorandum of understanding with the government of Oman to develop natural...
CAIRO: Egypt's parliament has approved a law to govern popular ride-hailing apps Uber and Careem, which had faced legal challenges stemming from regulations...
ALGIERS: Algeria plans to lift a ban on imports of cell phones, household appliances and food and bring in high customs duties instead,...
Istanbul: Turkey's embattled currency the lira on Tuesday plunged to new lows against the dollar and the euro, with investors fearing strong growth...
TUNIS: The Islamic Development Bank (IDB) on Tuesday officially launched a $500m fund to strengthen science, technology and innovation in the Muslim World....
BEIRUT: Lebanon's government plans to swap $5 billion of new foreign currency bonds for Lebanese pound debt with the central bank, in an...
KUWAIT: Kuwait's Public Authority for Industry (PAI) plans to set up a multi-purpose industrial city in the Gulf Arab state with total expected...
TUNIS: Tunisair is counting on new African routes to drive passenger growth as it prepares for increased competition for flights to and from...
CAIRO: An Egyptian court ordered the suspension of licences for ride-hailing companies Uber and Careem on Tuesday, ruling on a lawsuit filed by...
