Business

Egypt says looting attempt causes oil pipeline fire; 7 dead

Nov 13, 2019

Egyptian officials say an oil pipeline caught fire when thieves tried to tap into it to siphon off gasoline in the Nile Delta province of Beheira, and at least seven people were killed

UAE says it has world's sixth-largest crude oil reserves

Nov 5, 2019

UAE says it's home to world's sixth-largest crude oil reserves, surpassing fellow Gulf Arab nation Kuwait

Saudi energy minister: Saudi Aramco's public offering 'soon'

Oct 30, 2019

Saudi energy minister says planned initial public offering of oil giant Saudi Aramco happening 'soon'

Iran's Guard says it detains Paris-based exiled journalist

Oct 14, 2019

Iran's paramilitary Revolutionary Guard says it has arrested an exiled journalist who helped fan the flames of nationwide economic protests that struck the country at the end of 2017

The Latest: Germany to curtail arms exports to Turkey

Oct 12, 2019

Germany's foreign minister has announced that the country will curtail its arms exports to Turkey, which has started a military offensive into northeastern Syria against Syrian Kurdish fighters

Xi becomes 1st Chinese president in 2 decades to visit Nepal

Oct 12, 2019

Xi Jinping has become the first Chinese president in more than two decades to visit Nepal, where he's expected to sign agreements on major infrastructure projects

Iran says oil tanker struck by missiles off Saudi Arabia

Oct 11, 2019

Iranian officials say missiles struck an Iranian tanker traveling through the Red Sea off the coast of Saudi Arabia

India's central bank cuts key interest rate for fifth time

Oct 4, 2019

India's central bank has cut its key interest by a quarter of a percentage point to 5.15%, a fifth consecutive reduction, and has also lowered its economic growth forecast for the 2019-2020 financial year to 6.1% from 6.9% projected earlier

Egypt releases 3 foreigners arrested over protests

Oct 3, 2019

Egyptian airport officials say two Jordanians and a Sudanese arrested in Cairo amid the recent crackdown that followed anti-government protests have been released and flown back to their home countries

Egyptian president says he'll protect the poor, middle-class

Sep 30, 2019

Egypt's president says he'll protect the poor, middle-class hard hit by his government's austerity measures

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