Last overland route closure chokes off Lebanon exports

      Beirut--Lebanon's land exports to Gulf markets have b...

Ending Egypt’s currency black market brings new challenges

A mirror reflection shows an employee working in a foreign exchange office in central Cairo...

Opec urged to consider return to oil quotas

LONDON: Opec should consider re-introducing individual output quotas,  shuffled quietl...

Egypt joins China-based infrastructure bank, hopes for funds.

  Cairo - Egypt has been approved as a founding member of the Beijing-backed Asia...

Malabar Gold and Diamonds opens 130th outlet

Bollywood Actor Anil Kapoor along with Sheikh Sultan bin Saqer Rashid Humaid Al Nuiami inau...

Turkish lira tumbles to new low against dollar

  Istanbul--Turkey's embattled lira on Wednesday tumbled to a new low in value ...

Iraq in talks with IMF, no decision yet

Iraq’s Finance Minister Hoshyar Zebari (left) and Iraqi Central Bank’s governor...

peninsula-logo

Tripoli: Libya’s Prime Minister Abdullah Al Thinni has said his government would run its ...

peninsula-logo

RIYADH/DUBAI: When Saudi Cable Co said last month it was delaying the release of its 2014 earni...

Malabar Gold opens 128th outlet

Malabar Gold & Diamonds opened its 128th outlet in Salalah, Oman. Indian actress Preity...

Egypt nets billions at investment meet

A delegation looks at a scale model of the new Egyptian capital displayed at the congress h...

peninsula-logo

DOHA: The Middle East’s first hub for clearing transactions in the Chinese yuan is to ope...

peninsula-logo

Doha: The first Arab Social Media Influencers Summit, an initiative launched by Sheikh Mohammed...

Spain arrests Ukraine's ex-finance minister

Yuri Kolobov   Madrid---Spanish police on Wednesday detained Ukraine's f...

Turkey central bank prunes rates after Erdogan pressure

Ankara - Turkey's central bank on Tuesday announced a 25 basis points cut in its head...

Gulf Air crew get inflight sales person award

Gulf Air cabin crew members with other officials after winning the awards. Doha: The...

Palestinian farms break new ground with ostrich and mushrooms

Dar Salah, Palestinian Territories - The small farm in the southern West Bank seems unrem...

Opec strategy pays off; high demand seen

LONDON: The world’s three big energy agencies are forecasting higher demand for Opec&...

Lulu opens 113th branch

Abdullah S Alenezi, Undersecretary at the Ministry of Commerce & Industry of Kuwait, in...

Oil export losses to reach $300 billion in Middle East

  WASHINGTON -- Losses from lower oil exports should sap up to $300 billion from ec...

Oil prices have reached 'bottom

Iraqi Oil Minister KUWAIT CITY,--Iraqi Oil Minister Adel Abdul Mahdi predicted Wed...