Economy

A fugitive Omani businessman has reignited debate over suspicions of corruption in the oil-rich monarchy by alleging that top judicial officials demanded business favors while hearing his court case

Kidnapping's Economic Bubble

Back in 2000, the CIA published a 70-page report on what the world would be like in 2015.

Capital controls can be only weeks, if not days away, amid growing confusion over Greek debt forgiveness demands

Despite the political and economic issues that continue to plague Egypt, the country’s benchmark stock market index, the EGX 30, was up 32 percent (or 28 percent in USD-terms) in 2014

Greece has roundly rejected its old leaders and elected the radical leftwingers. What is their appeal?

Greece is turning a page, it’s leaving behind five years of humiliation and misery . . . We are putting together a government of social deliverance to carry out our programme and negotiate with Europ

As oil prices dwindle, Iraq needs to increase its oil output to offset missed production targets over the past few years.

The dramatic drop in oil prices—and the low likelihood that they will return to above $100 per barrel—have Algerian authorities worried, given the country’s heavy reliance on hydrocarbons revenues.

Oil prices affect Iran in the short, medium, and long terms, albeit in different ways. With a budgetary break-even price of $131-36 per barrel,