By Hadeel Al Sayegh DUBAI (Reuters) – Citigroup Inc’s investment banking team has doubled in size over the past two…
Oil rebounds from early plunge after Saudis deny OPEC+ output report
By Laila Kearney NEW YORK (Reuters) – Oil prices rebounded from early losses on Monday after Saudi Arabia denied a…
Lebanon central bank to use forex rate of 15,000 pounds per dollar as of Feb 1
BEIRUT (Reuters) -Lebanon’s central bank will adopt an exchange rate of 15,000 Lebanese pounds per U.S. dollar as of Feb.…
Saudi denies oil output hike discussion, says OPEC+ may cut if needed
(Reuters) -Saudi Arabia on Monday said that OPEC+ was sticking with oil output cuts and could take further measures to…
Bank of Israel says to raise rates more than expected amid high inflation
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) – The Bank of Israel on Monday raised its benchmark interest rate…
Bank of Israel likely to raise rates above 3.5%, deputy governor says
JERUSALEM (Reuters) – The Bank of Israel is still in the process of front-loading interest rates and will likely raise…
Turkey to clamp down harder on shops charging excessive prices, Erdogan says
ANKARA (Reuters) – Turkish President Tayyip Erdogan said he will hold discussions at the next cabinet meeting on adopting heavier…
Energy windfall improved Algeria’s economic position, says IMF
TUNIS (Reuters) – Higher energy prices have “materially improved” the Algerian economy’s near-term outlook, the International Monetary Fund (IMF) said…
Egypt’s central bank transfers subsidised loan programmes to govt in line with IMF demand
CAIRO (Reuters) – Egypt’s central bank is transferring the administration and costs of its main subsidised loan programmes to the…
Budweiser World Cup campaign curbed, not crashed, by Qatar beer ban
By Philip Blenkinsop BRUSSELS (Reuters) -A last-minute decision to ban the sale of alcohol at Qatar’s World Cup stadiums will…