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The Central Bank of Lebanon…

Lebanon

2020-01-12

BEIRUT (Reuters) - The Governor of the Central Bank of Lebanon, Riad Salameh, said on Sunday that he requested exceptional powers from the government to regul...

Ministry: Iraq's oil exports…

BAGHDAD (Reuters)

2018-11-26

  Iraq's oil ministry said in a statement on Monday that average oil exports from southern ports on the Gulf reached 3.48 million bpd in Octobe...

Egyptian Commodity Authority…

DUBAI (Reuters)

2018-11-25

  Egypt's General Authority for Supply Commodities said on Sunday it was seeking to buy shipments of soybean oil and sunflower oil in a global ...

Egyptian Swift is moving…

DUBAI (Reuters)

2018-11-22

  Egypt's Swifel, the global online mass transit company, plans to expand and enter the Southeast Asian market next year after completing what ...

Dubai crude prices for February…

SINGAPORE (Reuters)

2018-11-21

  Dubai has set the official sale price for the emirate's crude at a discount of $ 0.20 a barrel on the Omani crude futures for February, the g...

Emirates' profit fell 86%…

DUBAI (Reuters)

2018-11-15

  Emirates Airline announced Thursday its first-half profit fell 86 percent on higher fuel costs and unfavorable exchange rates. &nb...

Iraq is studying the possibility…

BAGHDAD (Reuters)

2018-11-13

  Iraq said late on Monday it wanted to allow imports of Russian-made wheat.   Trade Minister Mohammad Hashim al...

The UAE will include sectors…

DUBAI (Reuters)

2018-11-12

  UAE's Economy Minister Sultan bin Saeed al-Mansouri said on Monday that Balad's government aims early next year to publish a list of sectors...

Governor of the Central Bank…

BEIRUT (Reuters)

2018-11-08

  Central Bank of Lebanon Governor Riad Salameh said on Wednesday the formation of a new government was implementing reforms that would increase confi...

Kuwait plans to increase…

KUWAIT:

2018-11-07

  KUWAIT: Kuwait plans to increase production capacity of light oil in five years to 250,000 barrels per day (bpd) from about 175,000 barrels per day ...

UAE central bank expects…

Abu Dhabi (Reuters)

2018-11-06

  The central bank expects gross domestic product (GDP) growth of 4.2 percent in 2019, up from 2.8 percent in 2018, a level higher than expected, the ...

Saudi Grain Corporation buys…

DUBAI (Reuters)

2018-11-05

  The Saudi General Grain Foundation said on Monday it had bought 1.02 million tonnes of barley feed in a tender.   The...

Appointed CEO of Qatar National…

DOHA, (Reuters)

2018-11-04

  Qatar appointed Qatar National Bank's (QNB) chief executive as the Minister of Trade and Industry.   The appointm...

Egypt's Midor signs $ 1.2…

CAIRO (Reuters)

2018-10-31

  Egypt's oil ministry said on Wednesday the Midor refinery had signed a final contract for a $ 1.2 billion loan with an alliance of three interna...

Citi is licensed to set up…

DUBAI (Reuters)

2018-10-30

  Citigroup said on Tuesday it had obtained a license to set up a Citibank branch on the Abu Dhabi Global Market, a financial center in the emirate...

Algerian Sonatrach signs…

ALGIERS (Reuters)

2018-10-29

  The Algerian state-owned company signed a marine exploration contract on Monday with France's Total Oil and Eni for the first time ever in the O...

UAE issues new law on Central…

DUBAI (Reuters)

2018-10-28

  The United Arab Emirates (UAE) said in a statement on Sunday it had issued a new law on the central bank and the organization of financial instituti...

Libya's oil and gas revenues…

TRIPOLI (Reuters)

2018-10-27

  Libya's oil and gas revenue fell 455 million dollars to 1.57 billion dollars in August from a month earlier, the National Oil Corporation said o...

Saudi sovereign fund targets…

RIYADH:

2018-10-23

  RIYADH - About 10 percent of the kingdom's sovereign wealth assets are international assets and the fund aims to increase them to 50 percent by ...

Sources: Iraq resumes sale…

SINGAPORE (Reuters)

2018-10-22

  Three oil industry sources said the Iraqi oil marketing company Sumo resumed the sale of Basra crude through the Dubai Mercantile Exchange on Monday...

Egypt's stock market drops…

CAIRO (Reuters)

2018-10-21

  Egypt's stock market fell more than 1 percent in Sunday's trading after the government announced a postponement of a public offering program...

Egypt's stock market drops…

TUNIS, Oct 23

2018-10-20

  A Tunisian government source said on Saturday the country plans to sell international bonds valued at one billion dollars this week. &n...

Egypt plans to issue international…

CAIRO (Reuters)

2018-10-17

  Egypt plans to issue international sovereign sukuks during the fiscal year 2019-2020, Egypt's finance minister said on Wednesday. &...

The Saudi Riyal is recovering…

DUBAI (Reuters)

2018-10-16

  The Saudi riyal rebounded against the US dollar during early trade on Tuesday after a CNN report that Riyadh was preparing to acknowledge the death ...