Israel's parliament has passed a law capping the annual salaries of bank executives at US$658,000, described as among the world's toughest such restrictions.
Israel's top court on Sunday struck down a landmark deal regulating exploitation of Mediterranean gas reserves, in a major defeat for Prime Minister Benjamin Netanyahu who called the ruling "mystifying."
A South Korean constructor that jointly won a US$20 billion housing deal with Saudi Arabia said Monday it was confident the project would go ahead despite the impact of slumping oil prices on the Gulf nation's coffers.
Pakistan and Iran agreed on Friday to enhance economic ties and open two more border crossings to increase trade, the government said.
Standing by skips full of clothes, vendors call out to bargain hunters scrambling for the not-so-latest styles in the Gaza Strip.
War-torn Syria was hit Thursday by a nationwide power cut, state television reported, but the cause was not immediately known.
Iran and Saudi Arabia's rivalry has played out in proxy wars across the region, and escalated further after the two severed diplomatic and trade ties last month. Yet in the Saudi capital, Riyadh, popular Iranian restaurants are outselling feverish calls for a boycott and stand as a reminder of when ties between the two countries held promise.