Egypt held interest rates for the second straight month as the virus outbreak in China stoked concerns over global economic growth and inflation quickened more than expected.
The Turkish lira and bonds slipped Friday as increasing conflict in neighbouring Syria unsettled investors, with the market also hit by a global flight to safe-haven assets in response to coronavirus worries.
Qatar Airways has bought a $600 million stake in British Airways-owner IAG to increase its holding to 25.1 percent, strengthening its position ahead of a change in IAG management.
The United Arab Emirates is cracking down on the misuse of home loans to prevent risky borrowing as an ongoing property slump weighs on banks.
The U.S. killing of Iran’s most senior military commander reverberated through Middle Eastern markets, sending stocks into retreat and setting the tone for...
State-owned Kuwait Petroleum Corp Sunday signed a long-term contract with Qatar Petroleum to purchase 3 million tons of liquefied natural gas per year, a...
The Lebanese pound fell Saturday morning to LL2,475 following Moody’s downgrading of Lebanon’s credit rating the previous day.
Credit ratings agency S&P lowered Lebanon's debt grade a notch Friday, but warned a further cut is possible should the government miss a payment to creditors.
The airline industry expects the first annual decline in global passenger demand in 11 years, after tallying up the initial impact of the thousands of flights...
In the days after a new virus was identified in China on Dec. 31, global central bankers fell back on past experience for a comforting early analysis.