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Your daily dose of news from the region
 06 March 2016 12:01 AM Andorra
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Featured Article
Iran sentences billionaire to death in graft case
A court in Iran sentenced to death Iranian businessman Babak Zanjani and two accomplices for embezzlement, the judiciary said.
Meanwhile
Egypt c.bank to hold exceptional USD500m FX auction
Egypt's central bank said on Sun it would hold exceptional auction for USD500 million, pumping more foreign exchange …
Egypt c. bank auction to cover imports of strategic goods
A USD500 million auction by Egypt's central bank will be to cover imports of strategic goods, a central bank official …
Gulf markets surge as oil nears USD39
Rising oil prices boosted stock markets in the Gulf early on Sunday.
UAE non-oil business activity rebounds in February
Executives reported a rise in new orders and job growth during second month of 2016.
Gulf bourses may shrug off Moody's outlook as oil rallies
Stock markets in the Gulf look set to rise on Sunday, shrugging off Moody's decision to cut its outlook for the debt …
More oil spending cuts to hit outlook-IEA
A new round of major cuts this year is expected to hit the production outlook, IEA said.
Iraq to pay USD2bn in arrears to foreign companies
Iraq will pay foreign oil companies about $2 billion in remaining arrears for 2015 this April.
INTERVIEW-Gulf Air to expand routes by over 50% by 2023
Bahraini flag carrier to use delivery of new aircraft to boost its global footprint.
UAE investment flows reach inflection point-ENBD
After months of outflows triggered by massive volatility, there has been an inflection point in investment flows.
 
Editor's Pick
Funds call emerging market currency turn again
Hopes for recovery on emerging market currency bonds after 3 years of losses.
 
Egypt's poorest struggle to find rice amid hoarding
Egypt has more rice than it needs but little available for those who need it most.
 
Oil slump has uneven impact on prices at the pump
A dramatic drop in oil prices is translating into a mixed bag for motorists across the globe.
Most Popular
Multimedia
Arabtec's rollercoaster ride on the markets
 
News
Moody's cuts outlooks for four Gulf states
Saudi firm leading Glencore unit bids
Saudi Arabia, UAE eye USD3bn Suez industrial city
Devaluation pressure mounts on Egypt as pounds weakens
UAE's non-oil growth rebounded in February
 
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