Edition:
United Kingdom

Andrew Torchia

Saudi currency at weakest in two years on Khashoggi case

11:40am BST

DUBAI Saudi Arabia's currency fell to its lowest level in two years and its international bond prices slipped on Monday over fears that foreign investment inflows could shrink as Riyadh faces pressure over the disappearance of journalist Jamal Khashoggi.

Saudi currency at weakest in two years on Khashoggi case

11:16am BST

DUBAI Saudi Arabia's currency fell to its lowest level in two years and its international bond prices slipped on Monday over fears that foreign investment inflows could shrink as Riyadh faces pressure over the disappearance of journalist Jamal Khashoggi.

Saudi Arabia says will retaliate against any sanctions over Khashoggi case

11:15am BST

DUBAI/WASHINGTON Saudi Arabia on Sunday warned against threats to punish it over last week's disappearance of journalist Jamal Khashoggi, as European leaders piled on pressure and two more U.S. executives scrapped plans to attend a Saudi investor conference.

Tomato squeeze: U.S. sanctions begin to distort Iran's economy

11 Oct 2018

DUBAI/LONDON Tomato paste is not the most obvious economic indicator, but in Iran, where it is a staple that some people have started panic-buying, it says a lot about the impact of renewed U.S. sanctions.

Tomato squeeze: U.S. sanctions begin to distort Iran's economy

11 Oct 2018

DUBAI/LONDON Tomato paste is not the most obvious economic indicator, but in Iran, where it is a staple that some people have started panic-buying, it says a lot about the impact of renewed U.S. sanctions.

MIDEAST DEBT-Gulf averts Bahrain debt crisis with $10 bln aid package

05 Oct 2018

* Shift to public, long-term aid from quiet, short-term support

Iran clamps down on market in drive to rescue rial from record lows

02 Oct 2018

LONDON/DUBAI Iran's rial rose on Tuesday as authorities in Tehran sold U.S. dollars and clamped down on unofficial foreign exchange trade in a drive to rescue the currency from record lows hit because of U.S. economic sanctions, traders said.

IMF lifts UAE growth forecasts on oil, state spending

01 Oct 2018

DUBAI The International Monetary Fund lifted its forecasts for economic growth in the United Arab Emirates because of expectations that oil production and state spending will rise.

Saudi economy accelerates in second-quarter but private sector still sluggish

30 Sep 2018

DUBAI Saudi Arabia's economy grew in the second quarter at its fastest pace for over a year but the private sector remained sluggish, weighed down by austerity steps and a drive to push more Saudi citizens into jobs, official data showed on Sunday.

Saudi Arabia's legal revamp offers hope for cautious investors

27 Sep 2018

RIYADH Saudi Arabia's first comprehensive bankruptcy law went into effect last month, one of many reforms to the legal system that economists say may be more important in the long run than high-profile privatizations.

World News