Top oil producer Saudi Arabia increased exports sharply in the past week and is offering extra supplies to its biggest customers worldwide in what industry sources said appeared to be a bid to tame runaway crude prices.
February 25, 2012 12:17
A Saudi student accused of plotting to build and detonate bombs against targets including the Dallas home of former President George W. Bush was declared competent to stand trial on Tuesday by a federal judge.
February 22, 2012 12:42
The United States appeared to open the door to eventually arming Syria's opposition, saying that if a political solution to the crisis was impossible it might have to consider other options.
February 22, 2012 12:40
Belgium-based SWIFT, which provides banks with a system for moving funds around the world, bowed to international pressure on Friday and said it was ready to block Iranian banks from using its network to transfer money.
February 19, 2012 10:09
Chinese Premier Wen Jiabao said on Tuesday it was urgent to prevent war and chaos in Syria and vowed to work through the United Nations to seek an end to civil strife in the country.
February 14, 2012 2:48
Egyptian authorities have released an Australian journalist and an American student who were detained on suspicion they had distributed cash to workers and incited them to take part in a strike, a judicial source said.
February 14, 2012 2:23
Goldman Sachs' Jim O'Neill cautions that unless the fall out of the Greek debt restructuring results in fresh challenges for Italy and Spain, it’s best to remain unexcited about it.
February 12, 2012 4:19
Egyptian authorities detained an Australian journalist and an American student on Saturday on suspicion they had distributed cash to workers and incited them to take part in a strike called by activists demanding an end to army rule, the state news agency said.
February 12, 2012 2:31
The top US military officer met Egypt's ruling generals in Cairo on Saturday and discussed the case of US pro-democracy activists charged in an investigation that has strained ties between Cairo and Washington.
February 12, 2012 2:29
Banks in Lebanon are quietly implementing US and EU sanctions to avoid jeopardising international business. As a result, some Syrian money may be flowing to Russia or UAE.
February 11, 2012 7:08
With Iran's oil earnings possibly dropping and sanctions may cut GDP by 10 percent, can the country's economic diversity and self-reliance be enough to cushion the blow?
February 7, 2012 5:07
Tensions over Iran, unrest in Syria and concern about refinancing of upcoming Dubai debt are making international investors wary of Gulf and other Middle Eastern markets this year, just as developed markets enjoy fresh gains.
February 7, 2012 2:25
US lawmakers are considering a bid to force President Barack Obama's administration to blacklist Iran's President Mahmoud Ahmadinejad and the country's supreme leader, Ayatollah Ali Khamenei, in an effort to thwart Tehran's nuclear capabilities, a congressional aide said on Wednesday.
February 2, 2012 1:28
Targets affiliates of Revolutionary Guard Corps; Could lead to sanctions on those who buy from NIOC, NITC; BP's Shah Deniz gas project would be excluded
January 31, 2012 2:44
Aide says Saleh is headed to New York; Saleh has transferred some powers to his deputy; Presidential elections set for Feb. 21
January 29, 2012 11:07