Questions for Turkey economy after Moody's downgrade

Strong growth has been one of Erdogan's political aces but robust economy at risk after downgrade of debt to junk status.

Iran says not ready for oil output freeze as prices edge lower

Saudi king unveils austerity drive

Oil market still weak despite recovery: Saudi Aramco

Oil prices rise modestly ahead of OPEC meeting

Sudan needs swift reforms to revive sanctions-hit economy

Moody's cuts Turkey debt rating to 'junk' level

Saudi Arabia reportedly doubts oil output deal

Petrofac to resume work in Tunisia after labour dispute

Gulf emirate targets status as major oil export platform

Turkey cuts rates again to boost slowing economy

Qatar budget back to 'near balance' by 2018

Gulf budget deficits to peak this year

Qatar plans to create its own version of 'Wall Street'

Oil prices up on clashes in Libya

Oil struggles after diving on US data, Libya news

Major banks remain reluctant to do business with Iran

Turkish growth slackens in second quarter

DP World to manage Somaliland port

Oil prices rally on Saudi-Russian pledge to steady prices

Two Iran private banks to set up in Germany

Oil prices dip in Asia on disappointing Russia-Saudi talks

Earnings of Gulf-listed firms drop 8% in H1

Orange eyes stake in Iranian telecom titan

Barcelona may extend Qatar Airways sponsorship to 2020

Oil prices extend losses on back of strong dollar

Cyprus, Egypt sign gas export pipeline deal

Oil prices extend losses on stronger dollar, Iran output fear

Iran, South Korea to trade in Euros

Oil prices fall on Saudi doubt on output cut

Oil prices fall

Value of Syrian pound falls sharply against US dollar

Oil extends gains above $44

iPhones to get import OK in Iran

IEA cuts oil demand forecast for 2017

Terrorism takes its toll on tourist revenue at TUI

Oil prices build on strong gains from previous session

Low oil prices push Kuwait into budget deficit

Oil prices rebound as OPEC announces meeting

Riyadh promises 'urgent' action for stranded Indian workers

 

Rabatís cable-stayed bridge to have big effect on Morocco

Mohammed VI Bridge, which connects Rabat with Sale, will be illuminated at night with lighting system able to display 16 million colours.

Open-ended strike of Kuwait oil workers slashes output

Oil workers union chief Saif al-Qahtani says production is partially halted without clarifying which sites had been affected.

Iraq PM calls for legal measures over oil bribery scandal

Abadi instructs anti-corruption commission to take legal action, calls for judiciary to pursue prosecutions connected to scandal.

Al-Jazeera sheds around 500 jobs as part of Ďoptimisation initiativeí

After management review, Ďaround 500 positions worldwide will be impacted, majority of which are in Qatar.í

Once-mighty Hariri firm struggles to survive in Saudi Arabia

Informed source says poor management Ďis one of main problemsí at Saudi Oger, but this has been compounded by economic challenges.

Egypt taxi drivers protest against Uber service

Taxi drivers complain that Uber drivers have unfair advantage because they do not have to pay same kind of taxes or fees.

Iran sentences billionaire tycoon to death over corruption

Babak Zanjani is convicted of fraud and economic crimes, as well as facing death penalty he must repay money to state.

Iran, Turkey set target of $30 billion for annual trade

Visiting Iranian capital, Turkish Prime Minister Ahmet Davutoglu meets Iran's first vice president Eshaq Jahangiri.

Egypt President opens Africa economic summit

Economic summit attended by African leaders and businessmen aims to boost trade and investment across continent.

Dubai sees number of visitors surge by 7.5% in 2015

Rise comes despite slowing economic growth in many markets and strong exchange rate of dirham against euro and other currencies.

Qatar records highest number of visitors in 2015

Tourism Authority says almost three million people visited Qatar in 2015, a record number for energy-rich Gulf country.