DUBAI (Reuters) – Qatar posted a budget surplus of 30 billion riyals ($8.19 billion) for the third quarter of 2022,…
Oil up $2/bbl on supply risks amid ongoing Keystone outage
By Laila Kearney NEW YORK (Reuters) -Oil prices settled up about $2 a barrel on Monday on supply jitters, as…
Erdogan: Turkey’s inflation will fall to 40% in months, 20% in 2023
ANKARA (Reuters) – Turkey’s President Tayyip Erdogan said on Monday it was “apparent” that inflation would fall to around 40%…
Most Gulf markets in red on weak oil, Fed policy jitters
By Ateeq Shariff (Reuters) – Most stock markets in the Gulf ended lower on Monday, with the Saudi index hitting…
Libyan oil production at 1.2 million barrels per day, oil minister says
KUWAIT (Reuters) – Libya is producing about 1.2 million barrels per day of oil, oil minister Mohamed Oun told reporters…
Israeli lawmaker tables bill to limit banks raising mortgage rates
By Steven Scheer JERUSALEM (Reuters) – The head of Israel’s powerful parliamentary finance committee submitted a bill on Monday that…
Turkey jobless rate rises ahead of tight election for Erdogan
By Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) – Turkey’s unemployment rate edged up to 10.2% in October, data showed…
Israel economy to grow lower than expected 3% in 2023 -finance ministry
By Steven Scheer JERUSALEM (Reuters) – Israel’s economic growth is set to slow sharply to 3% in 2023 after rapid…
European food delivery shapes up with Getir’s Gorillas buy
By Toby Sterling AMSTERDAM (Reuters) -Grocery-in-minutes company Getir’s $1.2 billion deal to buy rival Gorillas is an important step toward…
Saudi Arabia’s GDP grows 8.8% year-on-year in Q3 -statistics authority
DUBAI (Reuters) – Saudi Arabia’s economy grew by 8.8% in the third quarter of 2022 compared to the same period…