Friday, June 23, 2017
The job traditionally goes to a European, which makes Lagarde the favourite

Israel’s Fischer in race for top IMF job

  JERUSALEM (AFP) - Bank of Israel Governor Stanley Fischer announced he was in the race to become the next head of the International Monetary...
"We need to really look beyond the second quarter (when the market) will be a little bit tight," Hamli said

OPEC cartel mulls output hike amid Libya divisions

  VIENNA (AFP) - The OPEC oil cartel mulled a possible output boost Tuesday on the eve of a crucial production meeting against a background...
A man reads a newspaper in Tunis

World Bank, AfDB pledge $1 bn to support Tunisia

  TUNIS (AFP) - The World Bank and African Development Bank on Tuesday pledged $1 billion (673 million euros) to support Tunisia in its transition...
Global was severely impacted by the global financial crisis

Kuwait’s Global wins $300 mln from UAE bank

  KUWAIT CITY (AFP) - Dubai appeals court on Monday ordered a UAE bank to repay a deposit worth $250 million plus interest to Kuwait's...
Iranian Oil Minister Masoud Mirkazemi

Chinese firms dominate Iran oil exposition

  TEHRAN (AFP) - Chinese companies, widely present in Iran thanks to the vaccum created by the departure of Western firms, dominated the Iranian oil,...
An Egyptian reads a newspaper, sitting on a burnt bus in Cairo's Tahrir Square on April 10

Spreading unrest hits MENA economies: IMF

  WASHINGTON (AFP) - Spreading social unrest in the Middle East and North Africa is putting pressure on economic growth in several countries in the...
A Qatari trader follows the stock market activity at the Doha Securities Market in 2010

Oil rich Qatar to grow 20 percent in 2011: IMF

WASHINGTON (AFP) - The economy of oil and gas exporter Qatar -- the world's wealthiest country per capita -- will grow a breathless 20...

Saudi shares dive 6.8% on Mideast unrest fears

RIYADH (AFP) - Saudi shares dived 6.8 percent to a 20-month low on Tuesday amid panic sell-off by investors concerned over unrest that has...
A worker is seen at an oil refinery near the village of Taq Taq, Iraq, in 2009

Iraq oil exports highest since Saddam: ministry

BAGHDAD (AFP) - Iraq's oil exports and revenues from crude sales in January hit their highest levels since the 2003 US-led invasion which ousted...
Omani fishermen approach the coast to sell their catch at a local market in Muscat in 2010

Oman raises minimum wage for private sector workers

MUSCAT (AFP) - Oman has raised the minimum wage for nationals working in the private sector from $364 to $520, as protests sparked by...