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Business Middle East

  • Passengers wait in the lounge for the first flight to take off from the new Erbil International Airport.

    The U.S. has ended President Trump's laptop restriction for passengers onboard U.S. bound flights from certain Middle East and North African airports.

  • DOHA, July 20- Qatar's central bank governor said Doha's dispute with four Arab states had not affected long-term oil and gas contracts, state news agency QNA said on Thursday. "Long-term agreements signed by the state of Qatar to provide its customers with oil and gas are sufficient to guarantee continued supply without any problems," QNA quoted Sheikh Abdullah...

  • LONDON, July 20- U.S. bank Citigroup said on Thursday that it may need to create 150 new jobs in the European Union to deal with the impact of Britain leaving the bloc, as it confirmed it would headquarter its EU trading operations in Frankfurt. Citi is one of several banks opting to build up a subsidiary in Frankfurt so that its trading operations in the EU can...

  • LONDON, July 20- U.S. bank Citigroup said on Thursday that it may need to create 150 new jobs in the European Union to deal with the impact of Britain leaving the bloc, as it confirmed it would headquarter its EU trading operations in Frankfurt. In a memo to staff Jim Cowles, the bank's head of Europe, Middle East and Africa, said the bank also planned to build up its...

  • *Brent, WTI futures held below $50 a barrel. *U.S. crude stocks, high OPEC supplies pressure market. Brent crude futures, the international benchmark for oil prices, stood at $49.72 per barrel at 0939 GMT, 2 cents up from their last settlement.

  • Time for 'negotiation and dialogue, not confrontation': Qatar ambassador

    It's time for "negotiation and dialogue, not confrontation", Qatar's ambassador to the UK Yousef Ali Al-Khater said, discussing the Gulf's demands of Qatar.

  • TEL AVIV, Israel _ Check Point Software Technologies Ltd. on Thursday reported second-quarter profit of $188.4 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share. Eleven analysts surveyed by Zacks expected $454.7 million.

  • Qatar has seen US proof that UAE orchestrated hack, ambassador says

    Qatar ambassador to the UK, Yousef Ali Al-Khater, said the country has seen evidence from US intelligence that the UAE orchestrated a hack on the Qatar's state media.

  • *Saudi official says story is worthy of Hollywood. July 19- On Tuesday June 20 Mohammed bin Nayef, a powerful figure in Saudi Arabia's security apparatus for the past two decades and the next in line to the throne, was summoned to meet King Salman bin Abdulaziz on the fourth floor of the royal palace in Mecca. There, according to a source close to MbN, as he is known, the...

  • *U.S. crude stocks, high OPEC supplies pressure market. SINGAPORE, July 20- Oil prices held steady on Thursday, hanging on to gains made the previous session when falling U.S. crude inventories lifted the market, as analysts offered mixed supply outlooks for the commodity ahead of a key OPEC meeting next week. Crude oil prices are still capped below the $50-...

  • U.S. crude stocks, high OPEC supplies pressure market. SINGAPORE, July 20- Oil prices held steady on Thursday, hanging on to gains made the previous session when falling U.S. crude inventories lifted the market, as analysts offered mixed supply outlooks for the commodity ahead of a key OPEC meeting next week. Crude oil prices are still capped below the key $50-...

  • *Ultra-Orthodox to make up a third of population by 2065. *Israel's labor productivity below most OECD countries. BNEI BRAK, Israel, July 19- Chaim Rachmani spends his days studying Jewish religious texts in the Israeli town of Bnei Brak, whose crowded streets brush up against the office towers of Tel Aviv.

  • U.S. crude stocks, high OPEC supplies pressure market. SINGAPORE, July 20- Oil prices held steady on Thursday, hanging on to gains made the previous session when falling U.S. crude stocks lifted the market, as analysts offered mixed supply outlooks for the commodity ahead of a key OPEC meeting next week. Crude oil prices are still capped below the key $50- per-barrel...

  • In March, the United States imposed restrictions on passengers carrying laptops and other large electronic gear in cabins on flights from certain airports in the Middle East and North Africa in response to unspecified security threats. The U.S. Department of Homeland Security has inspected and cleared flights from Riyadh's King Khalid International...

  • *Saudi official says story is worthy of Hollywood. July 19- On Tuesday June 20 Mohammed bin Nayef, a powerful figure in Saudi Arabia's security apparatus for the past two decades and the next in line to the throne, was summoned to meet King Salman bin Abdulaziz on the fourth floor of the royal palace in Mecca. There, according to a source close to MbN, as he is known, the...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • ISIS fight shows US military can use lower-cost weapons with lethal results

    The fight against the Islamic State is seen as a learning opportunity for the U.S. military as it looks to a future of a new kind of opponent in urban settings.

  • *Saudi official says story is worthy of Hollywood. July 19- On Tuesday June 21 Mohammed bin Nayef, a powerful figure in Saudi Arabia's security apparatus for the past two decades and the next in line to the throne, was summoned to meet King Salman bin Abdulaziz on the fourth floor of the royal palace in Mecca. There, according to a source close to MbN, as he is known, the...

  • Martin Shkreli arrives to federal court in Brooklyn on June 27th, 2017.

    Jury selections today have moved beyond seeking the unbiased to favoring the uninformed, N.Y. Times reports.

  • KHOBAR, July 19- A ban on laptops and other large electronic devices from the cabins of direct flights to the United States from Saudi Arabia has been lifted, Saudi Arabian Airlines said on Wednesday. In March, the United States imposed restrictions on passengers carrying laptops and other large electronic gear in cabins on flights from certain airports in the...