The European Union will consider adding Lebanon's Hezbollah movement to its list of terrorist organisations after it was implicated in a bombing in Bulgaria last year, an EU foreign affairs spokeswoman has said.
Morocco continues to meet the criteria for a precautionary credit line, approved last year under a two year agreement for US$6.2bn, the International Monetary Fund (IMF) said.
A European Union court has ruled that the EU should lift sanctions it imposed on one of Iran's largest banks, the second such judgment that could complicate Western efforts to increase pressure on the Islamic Republic.
As Lebanon’s teachers and civil servants prepare for an open-ended strike starting February 19, several sides have called on the government to implement a controversial law that bans public sector strikes.
Egypt’s central bank sold fewer dollars to banks on Wednesday than in a previous auction and the pound gained for the second time in three days as authorities battle to halt a slide of its currency into crisis.
UAE executives can expect to see a 5 percent rise in starting salaries this year, with those in the financial services sector forecast to enjoy the biggest boost in their pay packets, according to a survey by recruitment specialist Robert Half.
Kuwait’s Jazeera Airways Group reported net profit for 4Q2012 soared 93 percent, compared to the same period in 2011, and the company is planning to capitalise on this growth by adding two new aircraft to its fleet this year.
Abu Dhabi National Energy Co, better known as Taqa, posted its second-successive drop in full-year net profit on Wednesday as charges against its business in the North Sea and lower gas prices in North America affected its earnings.