Tuesday, August 27, 2013
Iraq's oil ministry, struggling with sputtering output, has blamed Anglo-Dutch energy giant Shell over US$4.6 billion in lost revenue due to production delays, in a letter seen by AFP Monday.
Argentina will continue repaying its debt on the same terms, the country's economy minister said Sunday after Buenos Aires lost an appeal in a U.S. court in its case against unhappy creditors.
Monday, August 12, 2013
Egypt's smaller companies have struggled since the political uprising, but in a few corners of the economy, businesses are doing just fine.
Monday, July 15, 2013
The appointment of Jacob Frenkel as Israel's next central bank governor has come under a cloud over his failure to disclose a past allegation of shoplifting, local media said Sunday.
Monday, July 8, 2013
Iran's central bank on Saturday drastically devalued the national currency's fixed subsidized rate against the dollar, as the Islamic republic struggles to shore up its faltering economy.
Saturday, June 22, 2013
Yemen's main oil export pipeline has been repaired and crude is again flowing to the terminal on the Red Sea after tribesmen blew up a section of the link last week, a Yemeni oil official said on Thursday.
Thursday, May 23, 2013
Egypt's president signed a new tax law Tuesday that cuts the amount paid by poorer Egyptians in the latest move aimed at reforming the country's economy.
Gas production from huge offshore deposits along its Mediterranean coast is enabling Israel to shift from costly and unreliable imports to a growing self-sufficiency and the potential to become an energy exporter.
Friday, April 5, 2013
A pledge by Syria's central bank on Sunday to take action to support the pound is already looking hollow, raising speculation the authorities may no longer be willing to burn up reserves defending the currency.
Thursday, April 4, 2013
Dubai World Central, the emirate's second airport, is to open for passenger flights from Oct. 26 with two carriers operating, following repeated delays, Dubai Airports said Wednesday.