Baghdad: With its financial outlook darkening by the day, Iraq is considering slashing its massive public payroll -- an unpopular move likely to...
Baghdad: With its financial outlook darkening by the day, Iraq is considering slashing its massive public payroll -- an unpopular move likely to...
Tehran: Iran's parliament on Monday approved a bill to change the official currency to 'Toman' which equals 10,000 Rials. The Iranian lawmakers voted...
Amman: The Jordanian government has decided to open all economic sectors as of Wednesday, with full production capacity, provided that Jordanian labour is...
BEIRUT: Lebanese banks have set an exchange rate of 3,000 pounds per dollar for withdrawals from U.S. dollar accounts for this week, two...
RABAT: Morocco will spend an initial 2 billion dirhams ($200 million) to help its health system cope with the coronavirus outbreak, the finance...
DUBAI, United Arab Emirates: Dubai carrier Emirates has reversed a previous announcement suspending all passenger flights, saying it is going to continue flying...
Beirut: Lebanon said Saturday it would default on its Eurobond debt for the first time and seek out restructuring agreements amid a spiralling...
Beirut: Lebanon appeared Saturday to be headed for its first debt default as top officials indicated they opposed making an upcoming bond repayment...
BEIRUT: Lebanon is in "the final hours before" formally announcing it cannot pay its debts, senior MP Alain Aoun said on Saturday, as...
BEIRUT: The Lebanese government must swallow its misgivings and reach a rescue deal with the International Monetary Fund (IMF) or risk economic implosion...
BEIRUT: An International Monetary Fund delegation began meetings Thursday in Lebanon to provide advice on dealing with the country's crippling economic and financial...
BEIRUT: Lebanon will invite eight firms to bid to be its financial adviser as it studies all options on its sovereign debt, a...
Lebanon’s Middle East Airlines scrapped a decision to reject payments in the local currency, hours after the nation’s president warned against the move...
Lebanon’s Middle East Airlines and other carriers operating in the country will no longer accept payments in the local currency, the latest sign...
ISTANBUL: The gradual rise in trade between Turkey and Slovenia is the most important sign of the two countries’ cooperation, said Slovenia’s deputy...
Lebanese lawmakers approved a 2020 budget plan with a crucial Eurobond payment weeks away, leaving it to the new government to decide on...
BEIRUT: Lebanon is looking to secure $4 billion to $5 billion in soft loans from international donors to finance purchases of wheat, fuel...
Dubai: Portraits of Qasem Soleimani have been carried aloft in rallies from Gaza to Yemen, raising the prospect that his violent death will...
