Israel's central bank governor, Stanley Fischer, has announced that he will step down effective June 30.
Gasoline prices in Lebanon have risen for the ninth week in a row.
Egypt’s pound weakened further against the dollar at the central bank’s foreign exchange auction Tuesday on worries that turmoil on the streets could further delay a long-awaited IMF loan.
Most Gulf Arab oil exporting countries’ budget surpluses will shrink this year when heavy government spending and lower crude oil prices trim their economic growth rates, a Reuters poll has suggested.
The wealthy Gulf state of Qatar pledged on Tuesday to invest up to 1 billion euros ($1.34 billion) in Greek companies, money which could help Greece recover from its debt crisis.
The Lebanese Cabinet has agreed to extend the operation licenses of touch and Alfa mobile companies for a maximum of one month to pave the way for a new tender.
High net wealth investors should be looking to again increase the risk of their portfolios, satisfied the worst of the global financial crisis is over, JP Morgan private banking EMEA CEO Pablo Garnica has said.