Economy
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Lazard appoints al-Khatib as MENA investment banking CEO
Investment bank Lazard Ltd said on Monday it hired Wassim al-Khatib as chief executive officer of the bank’s investment banking…
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Oman energy firm OQ to sell 49 percent stake in oil-drilling unit IPO
Oman energy firm OQ SAOC plans to sell up to 49 percent of its oil drilling unit Abraj Energy Services…
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Top trade officials of China, Australia agree to virtual meeting for trade talks
China and Australia’s top trade representatives will meet for virtual talks after months of speculation and delays, the latest sign…
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Italy’s Premier Meloni eyes boost in strong energy tires with Algeria
Italian Premier Giorgia Meloni is looking to boost already strong energy ties with Algeria to further wean Italy off Russian…
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Egypt signs $1.5 bln financing agreement with ITFC: Report
Egypt has signed a $1.5 billion financing agreement with the International Islamic Trade Finance Corporation (ITFC) to fund its trade…
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US can slow inflation without unemployment spike: Fed study
The US and other industrialized countries may be able to bring inflation down without triggering the huge jumps in unemployment…
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Asia’s richest man Adani plans on IPOs for at least five companies
Asia’s richest man, Gautam Adani, plans to sell shares to the public in at least five companies between 2026 and…
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Iran’s currency falls to record low amid isolation and sanctions
Iran’s troubled currency fell to a record low against the US dollar on Saturday amid the country’s increasing isolation and…
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We need to talk about Davos
The World Economic Forum is known for glitzy parties, exclusivity, and dealmaking – in addition to panels on topics ranging…
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Yellen says Russian oil price cap could save African countries $6 bln annually
Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and putting an unnecessary drag on the continent’s economy,…
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