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Business Middle East

  • BERLIN, March 22- Germany said on Wednesday it has no plans to introduce restrictions on carry-on electronic devices on planes coming from some Muslim-majority countries in the Middle East and North Africa, as the United States and Britain have announced. A spokesman for the Interior Ministry said the government had been informed about the U.S. measures.

  • BERLIN, March 22- Germany said on Wednesday it has no plans to introduce restrictions on carry-on electronic devices on planes coming from some Muslim-majority countries in the Middle East and North Africa, as the United States and Britain have announced. A spokesman for the Interior Ministry said the government had been informed about the U.S. measures.

  • BERLIN, March 22- Germany said on Wednesday it has no plans to introduce restrictions on carry-on electronic devices on planes coming from some Muslim-majority countries in the Middle East and North Africa, as the United States and Britain have announced. A spokesman for the Interior Ministry said the government had been informed about the U.S. measures.

  • TEL AVIV, March 22- Israeli defense electronics company Elbit Systems expects to benefit from increased defense spending globally in response to Donald Trump's elevation to the White House, it said on Wednesday after reporting a rise in fourth-quarter earnings. While low oil prices have eaten into some clients' defense budgets, tensions in the South China Sea,...

  • TEL AVIV, March 22- Israeli defence electronics company Elbit Systems expects to benefit from increased defence spending globally in response to Donald Trump's elevation to the White House, it said on Wednesday after reporting a rise in fourth-quarter earnings. While low oil prices have eaten into some clients' defence budgets, tensions in the South China Sea,...

  • March 22- With the United States about to become a net exporter of natural gas for the first time in 60 years, Intercontinental Exchange Inc said on Wednesday it will soon begin trading a first-ever U.S. liquefied natural gas futures contract. "Domestic and international market participants now have a risk management solution that lays the foundation for a more...

  • DUBAI, United Arab Emirates— The president of Emirates, the Middle East's biggest airline, defended security measures at the carrier's Dubai hub on Wednesday and said the ban on personal electronics onboard U.S.-bound flights came without warning. Dubai was one of 10 cities in Muslim-majority countries affected by the new rule, which will force passengers to...

  • *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...