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Business Middle East

  • cairo_exchange_200.jpg

    Ahead of large-scale protests planned for this Friday, Egyptian Prime Minister Essam Sharaf stressed that the government respects the right of citizens to demonstrate peacefully.

  • Diamonds

    The Arab Spring helped boost diamond prices as the region's wealthy individuals moved their cash from stocks and bonds to safe haven investments and tangible assets , a London-based fund manager told CNBC Tuesday.

  • Shell Shares Its Principles

    Marvin Odum, Shell Oil president, shares his views on taxing the rich, the future of crude prices, and the politics of drilling oil.

  • Cityscape at sunrise, Kabul, Afghanistan

    Herve Ghesquiere and Stephane Taponier, the two French journalists that had been held hostage in Afghanistan for 547 days, landed on French soil on Thursday morning. Sources talk about the unusual path taken by the ransom.

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    The release of an emergency supply of oil to the market has received a mixed response from experts, with some arguing that the high oil prices seen in recent months have held back economic recovery while others say it reflects a political struggle.

  • Bahrain skyline

    A special military court in Bahrain yesterday convicted 21 - mostly Shiite - activists on charges of conspiring to overthrow the government during the unrest seen in the kingdom during February and March of this year. The court sentenced eight of these activists to life in prison and the others to terms of up to 15 years.

  • Dubai Palm Island

    Despite political uncertainty induced by recent social turmoil, the Arabic Gulf region can remain attractive to Western investors, experts told CNBC on Wednesday.

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    The UAE and Qatar markets are in focus as the highly anticipated MSCI decision on whether or not to upgrade these markets from ‘frontier’ to ‘emerging markets’ status was delayed until December of this year.

  • Mortgage

    Saudi Arabia is expected to enforce a highly-anticipated new mortgage law that could offer valuable opportunities for banks and investors seeking the next growth story in the Kingdom.

  • World Bank President Robert Zoellick addresses the media during a press conference following his meeting with Chinese Premier Wen Jiabao on September 2, 2009 in Beijing, China.

    Emerging markets currently represent "about half of global growth," World Bank President Robert B. Zoelick told CNBC Tuesday.

  • Cityscape at sunrise, Kabul, Afghanistan

    In Afghanistan, the biggest threat is deadly air pollution, which jills more people than the war.

  • Saudi women are planning to take to the streets on Friday, not to push for democratic reforms, as has been a common theme in the Arab Spring, but for the right to drive.

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    A plan that would have tapped into the strategic petroleum reserves was one of many idea President Obama has considered to bring down the price of oil, Energy Secretary Steven Chu told CNBC Wednesday.

  • Making America More Energy Efficient

    Calls to reduce our dependence on foreign oil are front and center as oil prices are still hovering around $100 per barrel. Insight with Eric Schadt, EcoCar Challenge and Steven Chu, Department of Energy secretary.

  • corn_field_140.jpg

    The Senate refused to kill a $5 billion annual subsidy for ethanol on Tuesday, backing continued government aid for a Farm Belt-based industry instead of deficit reduction in an era of record red ink.

  • Formula1_Jaguar.jpg

    And it’s off - the Bahrain Formula One Grand Prix that was recently reinstated on Oct. 30 has been postponed yet again.

  • The International Monetary Fund (IMF) headquarters building is seen in Washington, DC.

    Stanley Fischer's candidacy for managing director of the International Monetary Fund was dismissed on grounds of age Monday, as the 67 year old is two years above the threshold of 65 demanded for the job.

  • Goldman Sachs

    Goldman Sachs gave a paid internship to a top Libyan official’s relative while the bank was carrying out lossmaking trades on behalf of the country’s sovereign wealth fund, the Financial Times has learnt.

  • The International Monetary Fund (IMF) headquarters building is seen in Washington, DC.

    In the race to become head of the International Monetary Fund, nationality is one of many factors that can help or hinder individuals, but few candidacies have the potential to be as charged as that of the Bank of Israel chief, Stanley Fischer.

  • Istanbul's Arasta Bazaar

    Recep Tayyip Erdogan's AKP won a comfortable majority in the Turkish elections, but the Prime Minister's desire to change the constitution could distract the new government from managing an overheating economy, analysts told CNBC.com.