Tuesday, November 4, 2014
A share offer by Saudi Arabia's National Commercial Bank (NCB) was 16 times oversubscribed late Sunday, in what one financial analyst called "the mother of all IPOs."
Wednesday, October 29, 2014
The middle-aged salesman sat glumly among an array of shorts, khaki leisure suits bedecked with gold belts and dresses with plunging necklines in the ancient Damascus bazaar -- luxuries few can afford in today's Syria.
Saturday, October 25, 2014
The Islamic State (IS) has fast become one of the world's wealthiest terror groups, generating tens of millions of dollars a month from black market oil sales, ransoms and extortion, officials said Thursday.
Monday, October 20, 2014
The number of foreigners visiting Iran jumped dramatically over the 12-month period ending in March, with 35 percent more tourists compared to the same period a year earlier, Iran's top tourism official said Saturday.
Friday, October 17, 2014
Oil-rich Kuwait tripled the prices of diesel and kerosene on Wednesday, ending decades of heavy subsidies, while putting off a similar decision on electricity and water charges.
Friday, October 3, 2014
National Bank of Kuwait, the Gulf state's largest lender, said Thursday it has agreed to sell its 30 percent stake in International Bank of Qatar (IBQ) for US$538 million.
Thursday, September 25, 2014
Jordan's central bank said Tuesday it still supports Jordan-based Arab Bank, found liable in a U.S. court of supporting terrorism, saying it had been unable to defend itself adequately.
Friday, September 12, 2014
Libya said Wednesday it expects oil production to reach 1.5 million barrels per day by year-end, with output quadrupled since the beginning of the summer despite ongoing chaos in the country.
Tuesday, August 19, 2014
Israel was to end its export of poultry and dairy produce to the European Union from Jewish settlements considered illegal by the international community, Israeli and European officials said on Sunday.
Wednesday, August 13, 2014
A company owned by Israeli mining magnate Dan Gertler said it has discovered vast potential reserves of oil in the strife-torn east of the Democratic Republic of Congo (DRC).