GO
Loading...

Middle East

More

  • *France sends fighter jets for reconnaissance mission over Iraq. PARIS, Sept 15- French President Francois Hollande called on Monday for united international action to tackle the threat from Islamic State militants as he opened a conference on Iraq bringing together members of a U.S.-led coalition.

  • CAIRO, Sept 15- Egypt's tourism industry, battered by three years of political upheaval and street protests, could fully recover by the end of 2015 if current levels of stability persist, the tourism minister said.

  • Ukraine shrugs off fears of Greek-style default Monday, 15 Sep 2014 | 2:54 AM ET
    An Ukrainian soldier stands guard at a checkpoint of Pletnyovka, Kharkiv region on Ukraine-Russia border, where Russian humanitarian convoy is due to cross the border on August 13, 2014.

    Ukraine's central bank governor has dismissed fears of a default, even as the country is said to be facing a Greek-style debt controversy.

  • US says Middle East to help fight IS, UK cautious Monday, 15 Sep 2014 | 1:35 AM ET
    Secretary of State John Kerry.

    Washington said countries in the Middle East have offered to join airstrikes against IS militants, but Britain held back.

  • Malcolm Jorgensen, Lecturer, Sydney Law School at the University of Sydney, says the West must partner with regional players to re-establish political authority in northern Iraq and Syria.

  • WASHINGTON/ LONDON, Sept 14- Washington said countries in the Middle East had offered to join air strikes against Islamic State militants and Australia said it would send troops, but Britain held back even after the group beheaded a British hostage and threatened to kill another.

  • Libya's elected parliament fires central bank head Sunday, 14 Sep 2014 | 10:18 AM ET

    CAIRO— Libya's newly elected parliament on Sunday fired the president of the central bank after he tried to prevent funds that had been allocated for the lawmakers from leaving the bank, according to the country's official news agency.

  • ICL's parent company, conglomerate Israel Corp, set a nominal fundraising target of about $522.4 million through an initial public offering of 62 million ordinary shares, ICL said in a filing to the U.S. Securities and Exchange Commission.

  • Islamic State group's war chest is growing daily Sunday, 14 Sep 2014 | 7:07 AM ET

    The Islamic State group has taken over large sections of Syria and Iraq, and controls as many as 11 oil fields in both countries, analysts say. It is selling oil and other goods through generations-old smuggling networks under the noses of some of the same governments it is fighting: Kurdish-controlled northern Iraq, Turkey and Jordan.

  • *To list shares in Dubai on Oct. 2. DUBAI, Sept 14- Dubai's Emaar Properties is seeking to raise as much as 5.8 billion dirhams from an initial public offer of shares in its shopping malls unit that is expected to be the Gulf's biggest stock sale since 2008..

  • Australia answers US call to fight Islamic State Sunday, 14 Sep 2014 | 4:35 AM ET
    Prime Minister Tony Abbott of Australia inspects the troops during a Honor Cordon at the Pentagon in Arlington, Virginia, during a U.S. state visit in June.

    Australia became the first country to detail troop numbers and aircraft for a U.S.-led coalition fighting Islamic State militants in Iraq, as Washington drums up support for global action to counter the terrorist threat.

  • *SocGen, BTMU, Goldman set up sukuk programmes since June. Sept 14- Islamic bond programmes from a trio of big conventional banks are set to expand the boundaries of Islamic finance, helping open the market to first-time issuers while testing the banks' ability to win over industry purists.

  • DUBAI, Sept 13- Dubai retailing and restaurants group Marka will list its shares on the Dubai Financial Market on Sept. 25 in the market's first flotation for five years, the company said on Saturday.

  • Russia sanctions to stall Exxon’s Arctic oil plans Friday, 12 Sep 2014 | 8:31 PM ET

    Exxon Mobil’s ambitions in Russia appear to have been dashed, at least until the Ukraine crisis is resolved. The NYT reports.

  • Islamic State's Twitter silence raises questions Friday, 12 Sep 2014 | 7:59 PM ET

    SAN FRANCISCO/ WASHINGTON, Sept 12- Islamic State's Twitter users, which have trumpeted the group's violent acts and worldview on the social media service, have gone abruptly quiet in past days.

  • Sept 12- Israel Chemicals Ltd, a Tel Aviv- based maker of fertilizer and specialty chemicals, filed with U.S. regulators to list on the New York Stock Exchange. ICL, which has exclusive permits to extract potash and bromine from the Dead Sea, is a subsidiary of Israel Corp and the second largest company on the Tel Aviv Stock Exchange by market value.

  • Commodities Next Week: The slide continues     Friday, 12 Sep 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead at where oil and precious metals are likely headed next week.

  • Sept 12- Israel Chemicals Ltd, a Tel Aviv- based maker of fertiliser and speciality chemicals, filed with U.S. regulators to list on the New York Stock Exchange. Morgan Stanley and Barclays are the lead underwriters for the IPO, the company said. ICL is a subsidiary of Israel Corp and the second largest company on the Tel Aviv Stock Exchange by market value.

  • Dubai's latest luxury: 24-carat non-alcoholic wine Friday, 12 Sep 2014 | 10:56 AM ET
    Lussory Gold by Lootah Premium Foods

    Tony Colley, head manager of Lootah Premium Foods, created a 24-carat gold, non-alcoholic wine for Dubai.

  • *Russia and Iran heavily exposed to falling prices. LONDON/ KUWAIT, Sept 12- The drop in oil prices to their lowest in two years has caught many observers off guard, coming against a backdrop of the worst violence in Iraq this decade, heightened tensions between the West and Russia, and sanctions against Iran.