Iran, South Korea to trade in Euros

Move will allow tradingpartners to circumvent US sanctions on dollar transactions with Iran.

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

Lufthansa warns terror attacks creating turbulence

Kuwait raises petrol prices by more than 80%

Q2 profits of Kuwaitís Zain telecom rise 14%

Etisalat net profits jump 51% in Q2

Egypt has asked IMF for financial support

Panama Papers reveal Italian bribes' paid to Algerian officials

Supply glut sends oil market tumbling

Painful time for Turkey economy after attempted coup

IMF to Turkey: Democracy is crucial to economic stability

Algeria, Indonesia group to invest $4.5 billion in phosphate mining

Turkey moves to quell market concerns over political instability

Hapag-Lloyd, United Arab Shipping to merge

Oil prices fall on resurgent supply glut worries

Kuwait sets minimum wage for domestic staff

Saudi Arabia resumes US beef imports after mad cow scare

IEA sees oil stabilising on higher 2016 demand

Saudi reform plan fights unemployment

Oil prices resume fall

IMF announces $5.3 billion program for Iraq

Kuwait plans to tap international debt markets to finance deficit

Oil prices rise in Asia

Alstom-led consortium awarded $2.88 billion Dubai metro extension

Fitch downgrades Bahrain's credit rating

Saudi Arabia, UAE downplay Brexit impact on banking sector

Oman raises $2.5 billion in bonds to meet budget deficit

Oil prices rebound after six-session sell-off

Iran Air taken off EU safety blacklist

Saudi opens retail sector to greater foreign investment


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.