The Buzz

Economics and Policy Saudi Arabia should cut energy subsidies that are burdening public finances, the economy minister and the head of the state-run utility said, a move that would also …

Economics and Policy Kuwait's inflation rate fell to a three-and-a-half year low in March, with drops in housing costs and utilities driving the decline, KFH-Research has said in a new …

Economics and Policy Prime Minister Nouri al-Maliki's State of Law coalition won the most provincial council seats in seven of the 12 Iraqi provinces that voted, according to results. More …

Economics and Policy Lebanon’s budget deficit decreased to LL27 billion ($18 million) in January 2013 or 1.71 percent of expenditures compared to LL265 billion ($176 million) or 14.94 percent of …

Economics and Policy Saudi Arabia wants to raise its crude oil production capacity from its current 12.5m barrels per day to 15m barrels per day by 2020, a prince in …

Economics and Policy Lebanon has officially launched the first oil and gas licensing round as officials warned that any delay in issuing the decrees by any new Cabinet could postpone …

Economics and Policy Gold slipped back into negative territory on Tuesday after bargain hunting tapered off, while daily outflows from exchange-traded funds highlighted investors’ lack of confidence in the precious …

Economics and Policy Gold rose more than one per cent on Monday and held near its highest level in more than a week as a rebound in prices from multi-year …

Economics and Policy Israel shot down a drone on Thursday as it approached the country's northern coast, the military said, with Lebanese group Hezbollah blamed. More from AP   Lebanon's …