European Union officials said Friday that Europeans can expect oil and gas prices to remain above what they were before the Iran war for at least until the end of 2027, with prices of other goods also following an upward trajectory.

(MENAFN - Mid-East Info) Dubai, UAE – Idealz Holding, the Dubai-based powerhouse behind the globally recognised 'Shop & Win' model, has announced the signing of a new franchise agreement in ...

(MENAFN - The Peninsula) The Peninsula Doha, Qatar: The Shareholders' Council of the Arab Investment & Export Credit Guarantee Corporation–Dhaman–, chaired by the head of the Lebanese Republic's ...

The draft law was unanimously adopted, despite reservations initially voiced by some ministers and attempts by the central bank governor to amend certain articles in the name of the institution’s independence.

The European Union's executive commission cut its growth outlook and predicted higher inflation due to sharply higher energy prices from the war in Iran — but said the economy will avoid an outright recession.

(MENAFN - Jordan News Agency) Amman, May 19 (Petra) –Secretary-General of the Ministry of Energy and Mineral Resources, Amani Azzam, on Tuesday participated in the preparatory sessions for the Arab ...

The news has, so far, had no considerable impact on markets.

The U.K. government has delayed some new sanctions on Russian oil in an effort to shelter Britons from the cost-of-living squeeze triggered by the effective closure of the Strait of Hormuz in the Iran war.

(MENAFN - Swissinfo) War, economic collapse and declining rainfall are pushing Lebanon's agricultural sector to the brink. Even water projects backed by Switzerland are struggling to cope. This ...

French shipping giant CMA CGM has acquired all shares and will take over the group, four generations after its founding.

The European Union approved Wednesday a tariff deal with the United States to cap tariffs on most EU exports at 15%, avoiding a direct clash with President Donald Trump ahead of his July 4 deadline.

(MENAFN) Alarm bells are ringing across Israel's business community as the shekel surges to its strongest position against the US dollar in over three decades, with exporters and technology firms ...

On April 21, the professional diaspora network LIFE Lebanon hosted its 10th pitch night for budding businesses in Meta’s London offices.

The United Arab Emirates for decades has advertised itself as a haven for international business in a Middle East awash in violent upheaval. Those waves have now crashed into this nation, testing its economic model like never before.

(MENAFN - Khaleej Times) Egypt's Ministry of Petroleum and Mineral Resources announced a new natural gas discovery in the Nile Delta, with projected production of 50 million cubic feet per day ...

The debate over Mythos added a new dimension after its creator announced Tuesday that it is investigating a third internal security incident in a month.

China has agreed to ramp up trade for U.S. agricultural products such as beef and poultry, buying at an annualized rate of $17 billion per year for 2026 and at that level for 2027 and 2028, the White House announced Sunday, two days after President Donald Trump returned from a high-stakes summit in Beijing where…

(MENAFN - Khaleej Times) The UAE will begin the pilot phase of its e-invoicing system from July 1, followed by a phased mandatory rollout, starting with businesses generating over Dh50 million in ...

Advances in disarmament, or possible negotiations with Israel, could help ease some IMF conditions.

Oil prices turned lower in afternoon trading Monday and stock markets advanced after an Iranian media report said U.S. officials had agreed to suspend sanctions against its crude while talks on ending the war continue.

(MENAFN - Khaleej Times) The Alhind Tours & Travels Pvt Ltd secured a key contract to provide passport, consular and visa services for the Indian missions in UAE By: Nasreen Abdulla Alhind ...

Markets have not reflected the full scale of the oil shock during the war.

Foreign ministers from the BRICS nations began a two-day meeting in New Delhi on Thursday as the expanding bloc faces divisions over the war in Iran, rising energy prices and growing global economic uncertainty.

(MENAFN - Khaleej Times) [Editor's Note: Follow Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.]India raised on Friday the prices of ...

Kuwait International Airport, hit by Iran, has yet to reopen, while global airline ticket prices have risen sharply.

Iran's grip on the Strait of Hormuz is throttling the world's energy supplies and inflicting global economic pain, but the struggles of the Islamic Republic's own economy are testing its ability to withstand the war and defy Washington's demands.

(MENAFN - Khaleej Times) InstaBlock, an instant-response service for reporting copyright infringement in creative content and digital broadcasting, announced its numbers for the first quarter of ...

An official assessment is expected by the end of April, the minister told L’Orient Today.

Calls for mutual respect dominated the Africa Forward Summit on Tuesday as French President Emmanuel Macron announced new investments and said sovereignty will be key in the new partnership that France hopes to build with Africa.

(MENAFN - Khaleej Times) Emirates, the world's largest international airline, is expanding its fleet further by adding hundreds of aircraft in the coming years. This will lead to more vacancies in ...

Even during the previous Israeli offensive in Lebanon, which lasted two and a half months between September and November 2024, monthly inflation had remained below 3%.

World shares were mixed Monday after Wall Street set more records, and oil rose more than 2% following U.S. President Donald Trump's rejection of Tehran's response to the latest U.S. proposal on ending the war in Iran.

(MENAFN) Oil prices crept upward Friday as the continued shutdown of the Strait of Hormuz and intensifying naval confrontations between Washington and Tehran kept global energy markets gripped by ...

The nominal GDP for 2023 has been lowered by nearly $6 billion.

World shares retreated and oil prices fell back Friday as the fragile ceasefire with Iran was strained by missile and drone attacks that prompted U.S. retaliatory strikes on Iranian military facilities.

(MENAFN - Baystreet) Futures linked to Canada's main stock index inched lower in low volumes on Friday as investors were cautious about developments in the Middle East that kept oil prices higher, ...

An investigation has been launched in Paris, triggered by complaints from anti-corruption groups about transfers made from Lebanon during the economic crisis.

World shares jumped on Thursday, with Tokyo's Nikkei 225 gaining almost 6% to a new record as investors waited to see if the U.S. and Iran will strike a deal allowing tankers to deliver crude from the Persian Gulf again.

The lawyer and founder of Sherpa discusses the complaints filed against Bank Audi France and Antoun Sehnaoui’s Richelieu Group.

With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war.

"We hope that Rafik Hariri International Airport will soon return to full normality, as stability is very critical for civil aviation everywhere in the world," said the airport's COO.

World oil prices dived Wednesday and stock markets rallied on fresh hopes for an end to the Iran war.

After seven weeks of war, most property owners are not panicking.

The U.S. stock market is holding tentatively around its record heights Monday, while oil prices climb with uncertainty about when oil tankers can resume crossing the Strait of Hormuz and restore the world's flow of crude. Dueling claims about a possible Iranian strike on a U.S. Navy vessel in the strait heightened the tensions.

Hearings for Samir Hanna and Riad Salameh, scheduled for Monday, will be conducted by the Court of Cassations’ public prosecution office following a complaint filed by BDL’s Karim Souhaid.

Soaring oil prices from the Iran war pushed inflation higher in Europe in April as growth continued to underperform in a worrying combination both for consumers and policymakers at the European Central Bank.

The funds are intended to strengthen the country’s emergency social safety net and support the most vulnerable.

President Donald Trump said a U.S. naval blockade against Iran could last months, leading oil prices to spike to their highest level in more than four years, which held into Thursday.