CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil closed up on the day, and nat gas closed up, as well, while gold was down on the day.» Read More
Oil rose sharply to $83 per barrel on Thursday, as a weak dollar and supply worries ahead of the winter heating season encouraged buying by financial investors
Kuwait has approved a budget of 4 billion dinars ($14.29 billion) to build the Middle East's largest refinery, more than double the initial estimate, state refiner Kuwait National Petroleum (KNPC) said.
A Qatari investment fund that has made a preliminary bid of about $21.3 billion for J Sainsbury said Tuesday that it is holding confidential talks with the British grocer's pension fund.
Dubai has taken new steps toward becoming a true global financial powerhouse, buying 20% stakes in the Nasdaq and London Stock Exchange as higher oil has given the Gulf state even more money to invest. But why are exchanges so attractive to Middle East investors?
A 144-nation atomic energy conference criticized Israel Thursday for refusing to put its nuclear program under international purview, with the United States alone in supporting the Jewish state.
The Qatar Investment Authority said on Thursday that a wholly owned subsidiary, Qatar Holding, had bought a 20% stake in the London Stock Exchange.
Brazil, Russia, India and China offered huge opportunities to investors, but it looks like the new hot spots are in Central and Eastern Europe, the Middle East and Africa.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
OPEC weighed a push by some members Monday to modestly boost its production quota amid stubbornly high oil prices and expectations of a spike later this year in the global demand for crude.
Shares in Britain's BAE Systems climbed as much as 4.4% on Friday after a newspaper reported it will clinch a 20 billion pound ($40.5 billion) deal to supply fighter jets to Saudi Arabia next week.
Sweden's Financial Supervisory Authority (FI) said it would investigate to see if OMX used inappropriate defense measures after Borse Dubai launched an unsolicited bid for the exchange owner.
Franklin Templeton Investments, which manages $621 billion in assets, has bought 25% of Dubai's Algebra Capital and wants to grow its business in Arab markets, it said on Tuesday.
State-owned Qatar Investment Authority, which has offered to buy British supermarket chain J. Sainsbury's, has raised a $3 billion loan as a "warchest for investments", a banker said on Monday.
Representatives of the Qatari Investment Authority have indicated a willingness to pay as much as 15 pounds ($30) a share for Nasdaq's 31% percent stake in the London Stock Exchange the Sunday Times newspaper said.
State-run Borse Dubai violated Swedish takeover law in the run-up to a bid for exchange owner OMX but no action against the group is planned, a Swedish regulator said on Thursday.
OPEC member Libya does not see a need for the exporter group to cut or increase its oil output at a September 11 meeting, the country's top oil official said on Wednesday.
U.S. exchange Nasdaq said it was talking to key shareholders in OMX to persuade them to accept a share-only bid for the Nordic exchange operator and that some had agreed, the Financial Times reported on Tuesday.
The Swedish Financial Supervisory Authority said Thursday it has sent more questions to Borse Dubai regarding its share and option purchase in Nordic stock exchange operator OMX last week.
DP World, the world's third-largest container port operator, may this year sell $2 billion of shares in an initial public offering and list the stock in Dubai, Middle East Economic Digest reported.
General Electric has signed three new deals in the Middle East worth a combined $1.8 billion, highlighting the region's importance to the U.S. industrial conglomerate.
The Iraqi government said Wednesday that Turkish artillery and warplanes bombarded areas of northern Iraq and called on Turkey to stop military operations and resort to dialogue.