Economy

Pakistan, India trade fire in Kashmir, killing 4

Jan 18, 2018

Officials say Pakistani, Indian troops trade gunfire in disputed Himalayan region of Kashmir, killing 3 civilians and a soldier

Saudi Arabia to transfer $2 billion after urgent Yemen plea

Jan 17, 2018

Saudi Arabia to transfer $2 billion to Yemen following appeal to save the local currency from 'complete collapse'

Israeli premier on 6-day visit to India to deepen ties

Jan 14, 2018

Israeli Prime Minister Benjamin Netanyahu begins his first visit to India to promote defense, trade and energy ties.

Egypt's inflation drops as economic reforms take effect

Jan 10, 2018

Egypt says inflation dropped to 21.9 percent in December, the lowest level since the currency was floated in November 2016

Analysis: Iran protests show danger of economic woes

Jan 9, 2018

Analysis: Days of protests in Iran show danger of economic woes as country nears 40th anniversary of the revolution

Bahrain raises gasoline prices to reduce state spending

Jan 8, 2018

Bahrain has lifted some subsidies on gasoline, raising prices a week after introducing a tax on cigarettes and soft drinks as state revenues continue to face pressure from lower oil prices

Iran's working class, facing dim prospects, fuels unrest

Jan 6, 2018

Iran's protests over the past week have been centered in dozens of long-neglected cities and towns, where economic prospects are dim

Saudi king orders payouts, bonuses to soften price hikes

Jan 6, 2018

Saudi Arabia's King Salman has authorized a range of bonuses and payouts for citizens after a new tax was introduced and subsidies were lifted on gasoline

Salah's success offers hope in Egypt to fans and authorities

Jan 4, 2018

Success of Liverpool star Mohamed Salah offers hope in Egypt to fans and authorities

The Latest: US imposes sanctions on 5 Iranian entities

Jan 4, 2018

The United States is imposing sanctions on five Iranian entities over their involvement in developing ballistic missiles

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