Finance

The Latest: White House says Iran destabilizing Mideast

May 12, 2018

The White House is accusing Iran of "exporting destabilizing influence throughout the Middle East" and is calling on nations to pressure that country to "change this dangerous behavior."

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Pakistan FM announces 10 percent increase in defense budget

Apr 27, 2018

Pakistan's finance minister announced a 10 percent increase in defense spending as part of a new federal budget as opposition politicians criticized his appointment to the post just hours earlier

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Iran seeks to pin rial to the dollar as it hits record low

Apr 10, 2018

Iran moves to enforce single exchange rate to the dollar, banning all unregulated trading after rial hits record low

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Sri Lankan prime minister easily overcomes no-faith vote

Apr 5, 2018

Sri Lanka's prime minister comfortably overcame a no-faith vote, strengthening his hand within the unity government

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Sri Lanka debates no-confidence motion for prime minister

Apr 4, 2018

Sri Lanka's Parliament is debating a no-confidence motion against Prime Minister Ranil Wickremesinghe, a move that threatens the unity government elected on a platform of good governance

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Iranian parliament votes to keep 2 ministers in their jobs

Mar 13, 2018

Iranian parliament votes to keep labor, transportation ministers despite allegations of their mismanagement

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Oil & Gas

Iran signs oil deal with UK group as France's Total exits

May 17, 2018

Iran's state TV is reporting that Tehran has signed an agreement with a British consortium to develop an oil field in the country's south

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Iraqi vote offers chance to chart post-IS future

May 8, 2018

Iraqis to vote this weekend in first elections since government declared victory against Islamic State group

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Airplane and oil deals at risk in Trump pullout of Iran deal

May 6, 2018

Corporate deals worth billions, from airplanes to oilfields, at risk as Trump weighs Iran nuclear deal pullout

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IMF: Mideast not growing fast enough to reduce unemployment

May 2, 2018

The International Monetary Fund says nearly a quarter of the Middle East's youth are unemployed, warning that unless deeper reforms are made, millions of young people entering the labor market each year may not find jobs

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Japanese prime minister praises relations with oil-rich UAE

Apr 30, 2018

Japanese Prime Minister Shinzo Abe is praising relations between his country and the United Arab Emirates

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Japan PM Abe arrives in UAE on Middle East trip

Apr 29, 2018

Japanese Prime Minister Shinzo Abe arrives in United Arab Emirates at start of trip across the Mideast

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