ISMAILIA, Egypt: Egypt's Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 bln in...
ISMAILIA, Egypt: Egypt's Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 bln in...
Saudi Arabia, the world's largest oil exporter, set a cap on local fuel prices for July to help alleviate pressure on the cost...
BEIRUT: Lebanon said on Wednesday it could have access to $900 million should the International Monetary Fund's proposed $650 billion expansion of its...
BEIRUT: The European Union’s foreign policy chief Saturday berated Lebanese politicians for delays in forming a new Cabinet, warning the union could impose...
Lebanon is grappling with a deep economic crisis after successive governments piled up debt following the 1975-1990 civil war with little to show...
Turkey’s lira fell for a second day, trimming last week’s gains after a much-anticipated meeting between the U.S. President Joe Biden and Turkey’s...
BEIRUT: Lebanon's currency crashed past a milestone on Sunday reaching a new low against the dollar, as the country's financial meltdown and political...
BEIRUT: Lebanon's central bank said on Thursday that a system for importing subsidised medical goods could not be sustained without using its mandatory...
BEIRUT: The World Food Program said on Wednesday it is tripling its assistance to Lebanon, offering cash assistance to nearly 300,000 people amid...
BEIRUT: Lebanon's central bank chief Riad Salameh said on Monday that depositors' money was safe in the country's banks and they might soon...
ISTANBUL: Turkey's lira eased slightly on Thursday ahead of the central bank's rate-setting meeting, in which it is expected to maintain its benchmark...
Saudi oil producer Aramco has agreed a $12.4 billion deal to sell a 49% stake in its pipelines to a consortium led by...
LONDON: International companies that want to participate in the Saudi government's investment opportunities "will have to make a choice" and establish regional headquarters...
The Oman Electricity Transmission Company has succeeded in attracting investor interest by offering bonds worth $600 million, due in February 2031, at an...
Iran has completed the merger of six lenders with major links to the military, a move designed to curb the security forces’ role...
ANKARA, Turkey: Turkey’s central bank raised its benchmark interest rate on Thursday, when it held its first meeting under its new chief, in...
BEIRUT/AMMAN: Syria needs to import between 180,000 tonnes and 200,000 tonnes of wheat a month, the economy minister was cited as saying on...
Ankara: Turkey's central bank raised Thursday its main interest rate for the first time since September 2018, boosting it by two percentage points...