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…
Saudi Arabia’s Dar Al Arkan signs deal with Trump family for Oman project
By Hadeel Al Sayegh DUBAI (Reuters) – Saudi Arabian real estate developer Dar Al Arkan said it signed an agreement…
Oil slides 2%, posts second weekly decline as supply fears recede
By Laila Kearney NEW YORK (Reuters) -Oil dropped by about 2% on Friday, logging a second weekly decline, due to…
European refiners oversupplied as oil shortage fears subside
By Julia Payne and Ahmad Ghaddar LONDON (Reuters) – European refiners have found themselves oversupplied with crude as an expected…
Turkey to end easing next week with one last rate cut to 9%: Reuters poll
By Ezgi Erkoyun and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s central bank is expected to cut rates by another 150…
Oil falls on worries of U.S. rate hikes, China demand outlook
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell more than 3% on Thursday, with demand squeezed by mounting COVID-19 cases…
Forecasts split on Bank of Israel benchmark rate rise
By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel is expected to raise short-term interest rates for a sixth…