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Saudi Arabia’s oil minister calls for further economic cooperation with Iraq
Oct 21, 2017
BAGHDAD — Saudi Arabia’s Oil Minister Khalid Al Falih made a high profile visit to Iraq on Saturday, calling for increased economic cooperation and praising existing coordination to boost crude oil prices.In a speech at the opening of the Baghdad International Exhibition, Falih said cooperation between Iraq and Saudi Arabia contributed to “the impr ...
Dow crosses 23,000 for 1st time after strong earnings
Oct 17, 2017
NEW YORK — The Dow Jones index hit 23,000 for the first time on Tuesday, boosted by a ...
Gaza fishing area temporarily extended
Oct 16, 2017
GAZA CITY, Palestinian Territories — Israeli officials have announced they will tempo ...
Many Iranians fear economic hardships in the wake of Trump’s hardened stance
Oct 14, 2017
ANKARA — US President Donald Trump’s hardened stance towards Iran evoked a mixture of indifference and national pride among Iranians on Satu ...
Oil slide weighs heavily on MENA growth forecast — IMF
Oct 10, 2017
DUBAI — A massive slide in the economic growth of Middle East top oil exporters is weighing heavily on the outlook for the entire region, th ...
Lifting Sudan sanctions to yield positive effect
Oct 08, 2017
KHARTOUM — Sudan’s economy is headed towards gradual recovery, Finance Minister Mohamed Othman Rukabi said at a forum on Saturday, just one ...
Pound sinks on uncertainty surrounding Theresa May
Oct 05, 2017
LONDON — The British pound sank on Thursday as investors fretted over Prime Minister Theresa May’s political future one day after a “shambol ...
Iraq central bank eases financial restrictions on Kurdistan region
Oct 04, 2017
BAGHDAD — Iraq’s central bank on Wednesday eased financial restrictions imposed on the Kurdistan region over its independence vote after rec ...
Australia keeps rates on hold, sounds dollar warning
Oct 03, 2017
SYDNEY —  Australia's central bank left interest rates at a record low on Tuesday with the board upbeat about the economy, while soundi ...
Google unveils new moves to boost struggling news organisations
Oct 02, 2017
WASHINGTON — Google announced new steps to help struggling news organisations on Monday — including an end to a longstanding “first click fr ...
Arab Gulf countries say goodbye to tax-free reputation
Oct 01, 2017
DUBAI — Hard hit by a drop in oil income, energy-rich Gulf states will next year introduce value-added tax (VAT) to a region long known for ...
Aramco listing reshapes Saudi Arabia’s OPEC oil policy
Sep 28, 2017
DUBAI/LONDON — Saudi Arabia’s plans to float state oil titan Aramco are prompting the country to think the unthinkable. Late last year, ...
Google to create ‘separate’ shopping unit to avoid EU fines
Sep 27, 2017
BRUSSELS — Google formally offered its solution to avoid more EU mega-fines on Wednesday, proposing to run its controversial shopping servic ...

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