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.