CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.» Read More
Plus, get his top stocks for playing the Middle East markets.
While America took a big hit during the financial crisis, many Middle Eastern economies grew. Click to see where these countries rank globally and regionally.
The Middle East is home to more young people, more oil and more big money pools than anywhere else on earth. Nearly a trillion dollars is being spent on new roads, cellphone users are surging 24% a year, and only 10% of people have bank accounts. That means there's money to be made.
Dubai Holding, a conglomerate owned by the emirate’s ruler, is looking at options that could include restructuring $20bn in debt, possibly dealing another blow to investors, the Financial Times reports.
As oil ministers prepare to meet in Vienna Wednesday, there is little doubt that OPEC will keep production targets on hold.
Four former world champions line up on the starting grid to start one of the most exciting and intriguing Formula One seasons for years. Personally, my head is supporting Button or Hamilton, but (as the years tick by) my heart is rooting for the old guy, Schumacher.
Google and China will resolve their differences over censorship and an alleged attack on Google's service "soon", Eric Schmidt, the Chief Executive of Google, told reporters in Abu Dhabi where he takes part in the emirate's first ever Media Summit.
The business empire of Israel's richest woman has been rattled by a police investigation into her investment group's director
To analyze the current turmoil in markets and with sovereign debt it may be best to turn to the famed entrepreneur and guru Willy Wonka (the Gene Wilder 1971 version).
A faulty elevator was behind the shutdown of the observation deck on the world's tallest tower that effectively closed the half-mile-high Burj Khalifa to the public, witnesses and a Dubai rescue official said Tuesday.
The Burj Khalifa's owner says the observation deck of the world's tallest tower has been unexpectedly shut down little more than a month after it opened.
Dubai's government, under pressure to repay billions of dollars in debt, said Thursday it has discovered a new offshore oil field - the first such find by the city-state in decades.
The victory in Massachusetts for Republican Scott Brown over Democrat Martha Coakley is seen by political strategists as a repudiation of the current health care legislation and the policies of the Obama administration.
Israel has taken the upper hand in the battle to have the world largest vat of hummus.
Even before Dubai's financial crisis, the sheikdom's growing economic woes had begun rippling out across the Arab world, forcing foreign workers back to their home countries.
The world's tallest building is being opened in Dubai Monday, and as the globe watches the official unveiling of the skyscraper that will dwarf Canada's CN Tower, Taiwan's Taipei 101 and Malaysia's Petronas twin towers, many investors will think of the Skyscraper Index.
Many investors are familiar with the emerging markets story, especially with the MSCI Emerging Index's 70% or so gain so far this year.
A unit of Dubai Properties Group, owned by the ruler of Dubai's holding firm, said on Thursday it was committed to completing its Tiger Woods golf course project.
By providing a $10 billion lifeline to Dubai on Monday, oil-rich Abu Dhabi has granted its debt-stricken neighbor a critical short-term reprieve from its creditors. But in doing so, it also appears determined to tighten the reins that Dubai has long resisted. The New York Times reports.
Stocks closed at a 14-month high Monday as news of an energy deal and a lifeline for Dubai helped buoy the market — and investors' appetite for risk.