accountThe Central Bank of Jordan raised its key monetary policy interest rates by 25 basis points. The following rates were...
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MIDDLE EAST BUSINESS
The Middle East, especially the oil-rich Gulf, is the world's hottest economic region, shrugging off the economic gloom plaguing much of the rest of the world. Hundreds of billions of dollars in wealth are piling up there each year in countries like Saudi Arabia, the United Arab Emirates, Iran, and Iraq. Money and the Internet are changing the region fast and helping to build huge fortunes and world class companies. But explosive tensions remain over Israel, Iran, Iraq, and the Palestinians.
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The auction is the fourth round of bidding for foreign companies, following similar sales in July and December 2009 as...
The Dubai Mercantile Exchange is seeing steadily rising volumes of trading for its Oman crude contract, but has yet to...
A Saudi-Kuwaiti oil joint venture has asked construction firms to bid for...
Saudi Arabia's Opec governor says that the nation will produce 10.8m barrels of oil a day by 2030.
Rape, physical intimidation, sexual harassment, and even so-called “virginity tests” have taken place in countries...
Global Arab Network - Online social networks report that Syrian police break up protests across the country after...
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It was to be a swap felt around the world – a plan privately discussed by the world’s largest oil exporter and the...
Saudi Arabia's cushion of spare oil capacity is thinning far faster than widely believed, threatening to trigger price...
Solar Enhanced Oil Recovery technology set to maximise production in the Middle East
The Obama administration froze assets of the Libyan government, leader Moammar Gadhafi and four of his children, just...
The United States on Tuesday announced sanctions on Venezuela's state oil company PDVSA and six other oil and shipping...
Renowned policy analyst Prof. Asher Susser, Director for External Affairs and Senior Research Fellow at Tel Aviv...
Opec's member states are at odds as pressure from the West to raise oil output continues to rise.
Royal Dutch Shell and Qatar Petroleum said they sold the first cargo of gasoil from the Pearl gas-to-liquids plant in...
Opec has gone back to the bad old days of the 1980s.
Dubai World said it is in “constructive” initial talks with banks for a restructuring of about $26 billion of debt.
Iran has discovered a deposit of light oil offshore of an estimated in-place reserve of 756 million barrels valued at...
Remember those big bad Sovereign Wealth Funds that were going to buy up a distressed world? Well, like so many other...
Fuel subsidies, international sanctions and fractious politics are among the reasons the Middle East continues to flare...
Bangladesh signed an accord in Doha on 16 January 2011 to import some 4.0 million tonnes of LNG annually from Qatar...
This poem, a complete history of Persia, contained almost 60,000 verses, occupied 2,084 pages, and filled nine big...
The Leviathan gas find may improve Israel's energy security but is no panacea for regional peace.
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