Iraq restarted exports Friday of Kirkuk oil, halted a year ago due to a standoff between the central government and Kurdistan's semi-autonomous region, after a new government in Baghdad agreed a tentative deal with Irbil.
At an Iranian government-owned car plant near Homs, the small number of vehicles on the assembly line underscores the obstacles hobbling Tehran’s economic ambitions in Syria.
The Iraqi government said Wednesday it had retaken ownership of a piece of property in Baghdad worth millions of dollars after it was unlawfully sold to a government official's wife.
Iraq, a major Middle Eastern grain buyer traditionally reliant on U.S. imports, will send a delegation to Russia in December to discuss the possibility of importing wheat, its new trade minister said Wednesday.
When U.S. President Donald Trump asked Saudi Arabia this summer to raise oil production to compensate for lower crude exports from Iran, Riyadh swiftly told...
European banks and companies who engage in a special European Union initiative to protect trade with Iran will be at risk from newly reimposed U.S. sanctions,...
The Iraqi government said Wednesday it had retaken ownership of a piece of property in Baghdad worth millions of dollars after it was unlawfully sold to a...
Iran executed a trader Wednesday dubbed the “Sultan of Coins” for his wholesale trafficking in gold to exploit a surge in demand from savers spooked by this...
Central Bank Gov. Riad Salameh said Thursday that Lebanese commercial banks have succeeded in maintaining the inflow of foreign currency deposits with the...
The index that tracks demand for properties in Lebanon improved in the third quarter of 2018 after the Parliament approved the allocation of LL100 billion...
Volkswagen AG is significantly raising investment plans for the next five years in the race to keep up with the shift to electric, connected and self-driving...
Europe’s five-year economic expansion is facing a midlife crisis as it copes with a potential debt explosion in Italy, a U.S.-China trade war and the risk of...
Higher oil prices are helping to offset increases in public spending by the Middle East’s oil exporting heavyweights like Saudi Arabia, with these countries...
At this year's Baghdad International Fair, Iranian businessmen displayed thick, colorful Persian rugs to impressed onlookers while others showcased the latest...
U.S. National Security Adviser John Bolton vowed Tuesday to "squeeze" Iran "until the pips squeak," a week after a tough new round of sanctions came into force.
U.S. President Donald Trump criticized Saudi Arabia’s announced plan to cut oil production Monday, as tensions rose between the U.S. and its longtime Middle...
The U.S. is not too concerned by Europe’s idea for a special purpose vehicle to get around U.S. sanctions with Iran as companies are already withdrawing from...
While Saudi Arabia courted Iraqi leaders behind closed doors over the weekend, its archfoe Iran made a more public showing by turning out at the Baghdad...
Many cash machines in the Sudanese capital have run out of banknotes as the government scrambles to prevent economic collapse with a sharp devaluation and...
While Saudi Arabia courted Iraqi leaders behind closed doors at the weekend, its arch-foe Iran made a more public showing by turning out at the Baghdad...
Saudi Energy Minister Khalid al-Falih said on Monday OPEC and its allies agree that technical analysis shows a need to cut oil supply next year by around 1...
Saudi Arabia signaled it will reduce oil exports by as much as half a million barrels a day in December, the first tangible sign that OPEC is starting to trim...
Saudi stocks slumped to their weakest level in more than two weeks Sunday, hurt by the latest slump in oil prices, which also dragged most Gulf markets lower.
Iraq’s oil fields in the disputed Kirkuk region have taken on new significance after the U.S. restored oil sanctions against neighboring Iran.
Iraq’s president said Sunday that talks with the U.S. were continuing and his country’s special conditions regarding sanctions on Iran should be taken into...
Saudi Arabia, the world's top crude exporter, said Sunday it will cut oil output from next month, as major producers held a key meeting to discuss shoring up...
A majority of OPEC and allied oil exporters support a cut in the global supply of crude, Oman Oil Minister Mohammad bin Hamad al-Rumhi said Sunday.
German shipbuilder Luerssen has suspended production of coastguard vessels it was building for Saudi Arabia and placed large numbers of staff on short hours,...
Turkey and Argentina may have put their currency crises behind them but a world of pain awaits their economies in the coming quarters, according to Moody’s...
After persuading oil majors to help explore Algeria’s vast shale gas reserves, state energy firm Sonatrach has started reaching out to a different kind of...
The number of tourists to Egypt soared 40 percent in the first nine months of 2018 from a year earlier, recovering from a slump that began with the Arab...
The door remains open for international engine-makers to get involved in Turkey's TF-X national fighter jet project, Turkish Defense Industry Director Ismail...