BEIRUT:The World Bank accused Lebanon’s political class of orchestrating the country's economic collapse, warning in a report released Tuesday that the meltdown is...
BEIRUT:The World Bank accused Lebanon’s political class of orchestrating the country's economic collapse, warning in a report released Tuesday that the meltdown is...
DUBAI: Kuwait's government agreed with a housing parliamentary committee to increase the capital of Kuwait Credit Bank by 300 million dinars ($993.31 million)...
Muscat: Omani Ministry of Energy and Minerals signed strategic framework agreements with BP with the plan of delivering a multiple gigawatt world-class renewable...
ANKARA: The Turkish government is soon expected to present to parliament an additional budget for next year, two officials said, because a sharp...
DUBAI: Bahrain's parliament has approved the doubling of value-added tax to 10%, a member of parliament said, a reform that is part of...
BEIRUT: Lebanon's president told central bank governor Riad Salameh on Wednesday to provide data for a forensic audit of the bank, saying the...
Doha: HSBC Regional CEO for the Middle East, North Africa and Turkey (Menat) Stephen Moss has congratulated Egypt and UAE for being confirmed...
BEIRUT: Restaurant owner Antoine Haddad has been in business for over 35 years but says he is running out of hope as Lebanon...
BEIRUT: Jordan hopes to start supplying Lebanon with electricity by the end of the year, its energy minister said on Thursday, as the...
BEIRUT: Lebanon's state electricity company said on Thursday it risked a total blackout across the country by end-September as its fuel oil reserves...
BEIRUT: Lebanon’s new government held its first meeting Monday with a call by the president to resume talks with the International Monetary Fund...
BEIRUT: Lebanese President Michel Aoun said the government treasury will bear the cost of the continuation of fuel subsidies that was decided on...
BEIRUT: Lebanese fuel prices are expected to climb sharply after the government decided to raise the exchange rate used to price it to...
Berlin: A United Nations panel paid out $600 million to Kuwait's national oil company Tuesday as compensation for Iraq's invasion and occupation of...
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...