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Business Middle East

  • *Israel bond market has been strong while stock market slumps. TEL AVIV, March 22- Investment bank Citi is expected to include Israel in its influential World Government Bond Index in coming months, a boost for the local bond market but a potential headache for the central bank as it fights to contain the surging shekel. Israel would account for less than 0.5...

  • *Deal with Malaysia's Petronas helps diversify Saudi Aramco. SINGAPORE, March 20- Saudi King Salman's lavish tour of Asia, arriving in each country on a golden escalator with 400 tonnes of luggage, had a hardnosed marketing mission- to cement the kingdom's place as leading oil supplier to the world's biggest consumer region. The string of deals inked on his...

  • HAIFA, Israel _ Elbit Systems Ltd. on Wednesday reported fourth-quarter profit of $67.1 million. The Haifa, Israel- based company said it had profit of $1.57 per share. For the year, the company reported profit of $236.9 million, or $5.54 per share.

  • *Trade settlement mechanism between India, Iran breaks down. *India, Iran seek European bank to settle trade in euros. NEW DELHI, March 22- India is exploring setting up a new payments mechanism for trade with Iran, after its old sanctions workaround broke down, as state banks remain fearful of handling payments from Tehran in case the United States imposes a fresh...

  • NEW YORK— As the indignities of modern air travel go, the latest ban on laptops and tablets on some international flights falls somewhere between having to take off your ratty shoes at the security checkpoint and having your baby food and milk tested for bomb residue. asked Kelsey Norman, a doctoral student who plans to fly home Friday to Los Angeles from Beirut—...

  • LONDON, March 22- JP Morgan retained its place atop the global investment banking league table last year, with the top five places now firmly in the hands of U.S. banks, reflecting their domination over struggling European peers, data on Wednesday showed. JP Morgan's revenues from trading, mergers and acquisitions and other investment banking activity rose 11...

  • *Britain follows U.S. lead, citing security concerns. WASHINGTON/ LONDON March 21- The United States and Britain on Tuesday imposed restrictions on carry-on electronic devices on planes coming from certain airports in Muslim-majority countries in the Middle East and North Africa in response to unspecified security threats. President Donald Trump was...

  • NEW YORK— The U.S. and Britain, citing concerns about terrorist attacks, are not allowing passengers on some flights from mostly Middle Eastern and North African countries to bring laptops, tablets and certain other devices on board with them in their carry-on bags. The U.S. ban applies to nonstop U.S.-bound flights from 10 international airports in Amman,...

  • WASHINGTON, March 21- U.S. restrictions on what electronic devices passengers can carry aboard airline flights from certain airports in the Middle East and North Africa will be in place for the "foreseeable future," a U.S. government official said.

  • RESTRICTIONS ON ELECTRONIC DEVICES ON AIRPLANES FLYING FROM CERTAIN AIRPORTS IN THE MIDDLE EAST, NORTH AFRICA WILL BE IN PLACE FOR THE FORESEEABLE FUTURE- U.S.

  • AMMAN/ BEIRUT, March 21- Syrian rebels stormed a government-held area in northeastern Damascus on Tuesday for the second time in three days, sources on both sides of the fighting said, in the opposition's first such large scale foray in over four years in the capital. For rebels, the assault has shown they are still able to wage offensive action, though their...

  • Commodities tomorrow:

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

  • *Britain follows U.S. lead following security concerns. WASHINGTON/ LONDON March 21- The United States and Britain on Tuesday imposed restrictions on carry-on electronic devices on planes coming from certain airports in Muslim-majority countries in the Middle East and North Africa in response to unspecified security threats. President Donald Trump was...

  • PARIS/ LONDON, March 21- New rules banning many electronic items from passenger cabins on U.S.-bound flights will force a rethink now on fire safety concerns in consigning them to the hold, and some experts question whether the limited ban can improve passenger security. The rules, announced on Tuesday, cover carry-on electronic devices on planes flying from 10...

  • DALLAS— A new security measure banning many electronic devices on flights from 10 mostly Muslim countries is leading travelers to reconsider their plans to fly through some airports in the Middle East and Africa. Paula Berger, an energy-company manager, and a co-worker have tickets to fly from the U.S. through Dubai to Hyderabad, India, where her company has an...

  • WASHINGTON/ LONDON March 21- The United States and Britain on Tuesday imposed restrictions on carry-on electronic devices on planes coming from certain airports in Muslim-majority countries in the Middle East and North Africa in response to unspecified security threats. Britain took similar steps, with a spokesman for Prime Minister Theresa May saying...

  • KUWAIT CITY— Disney's new Beauty and the Beast will not be returning to cinemas in Kuwait after the country's largest cinema company pulled the movie from its theaters. Kuwait's National Cinema Company said Tuesday it would not be bringing the film back to audiences "in tandem with our values and responsibility toward our younger audiences."

  • DUBAI, March 21- New U.S.restrictions on passengers carrying electronics on some flights to the United States will be in place initially for nearly seven months before it is reviewed. A U.S. Department of Homeland Security spokeswoman termed that date "a placeholder for review" of the rule. The United States will this week restrict passengers travelling from...

  • LONDON, March 21- Singapore topped the Economist Intelligence Unit's twice-yearly list of the world's most expensive cities. Here is the ranking for the most expensive and cheapest cities:. (Reporting by Jeremy Gaunt, editing by Pritha Sarkar).

  • LONDON, March 21- Singapore remains the world's most expensive city to live in, a study showed on Tuesday, with two Japanese cities-- Tokyo and Osaka-- returning to the top 10 thanks to the strengthening of the yen. Almaty in Kazakhstan was the least expensive, followed by Lagos in recession-hit Nigeria. Europe was represented in the top 10 by four cities-- Zurich at three,...