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: 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...
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...