Gold held near a one-month high on Wednesday but faces a strong resistance at US$1,700 an ounce, as it struggles to attract fresh buying from investors who opted for riskier assets against the backdrop of a global economic recovery.
Brent crude held above $112 a barrel on Wednesday, supported by a brighter outlook for the global economy while investors awaited inventory data from the United States for clues about demand in the world's largest oil consumer.
Israeli Prime Minister Benjamin Netanyahu has pledged to form "start anew," after his alliance won a narrow election victory.
Egypt recorded a 17 percent rise in tourists in 2012 and a 13 percent increase in income generated, the tourism minister said on Tuesday, indicating a steady recovery in the vital industry.
Dubai used its first big debt sale of 2013 on Tuesday to show the world the glitzy desert city-state had well recovered from its credit crisis of four years ago, as investors scrambled to get a piece of the $1.25 billion deal.
Lebanon’s Telecoms Minister Nicolas Sehnaoui has shrugged off allegations made by Future Movement MP Ghazi Youssef that he had embezzled government funds.
The first phase of Doha’s new Hamad International Airport will open on April 1, initially accommodating 12 passenger airlines and low-cost airlines.
Bahrain Telecommunications Co reported a 10th profit drop in 11 quarters on Tuesday as domestic competition and one-off charges from a cost-cutting program hurt the bottom line.
The Beirut-based car company W Motors has completed the first prototype of its $3.4 million “ultra-luxury hypercar” and is gearing up to officially launch sales at the Qatar Auto show on Jan. 29.
Lebanese nuts maker Al Rifai has ceased its cooperation with Kuwaiti partner Saleh Al Homaizi.