Middle East

Ratings agency Moody’s lowered Egypt’s sovereign rating by one notch to B3 from B2 on Tuesday, citing the country’s reduced external buffers and shock absorption capacity. The ...

Israeli forces killed a 17-year-old Palestinian on Tuesday during a raid in the occupied West Bank, the Palestinian health ministry said, and the army described him as a gunman who ...

Oracle Corp (ORCL.N) plans to invest $1.5 billion in Saudi Arabia in the coming years as it builds up its cloud footprint in the kingdom and opens its third public ...

Israeli forces killed a number of armed fighters during a raid on a refugee camp near the city of Jericho on Monday aimed at capturing suspected Hamas militants, according to ...

Israel’s justice minister said on Sunday he would not freeze “for even a minute” the legislative process for proposed judicial reforms that have drawn widespread condemnation both domestically and ...

Iran‘s supreme leader has pardoned “tens of thousands” of prisoners including some arrested in recent anti-government protests, state news agency IRNA reported on Sunday, after a deadly state crackdown ...

Pakistani former President Pervez Musharraf died on Sunday following a prolonged illness at a hospital in Dubai, after years in self-imposed exile. Pakistan‘s military and the country’s mission ...

The ancient Egyptians employed a host of exotic ingredients – some apparently imported from as far away as Southeast Asia – to mummify their dead, as revealed by a new analysis of ...

Cryptocurrency exchange Kraken has shut its Abu Dhabi office less than a year after securing a license in the region, a spokesperson said on Thursday, as the company seeks to ...

Israeli troops killed a Palestinian man near the northern West Bank city of Nablus on Friday, after the man tried to attack a soldier at a military outpost, the Israeli ...

Social media images purported to be of an emaciated jailed Iranian physician who went on hunger strike in support of demonstrations against the compulsory wearing of the hijab have caused ...

Iranian Nobel Peace Prize laureate Shirin Ebadi said the death in custody of a young Iranian Kurdish woman last year has sparked an irreversible “revolutionary process” that would eventually lead ...

Iran blamed Israel for a drone attack on a military factory near the central city of Isfahan, the semi-official ISNA news agency said on Thursday, vowing revenge for what appeared ...

Lebanon will adopt a new official exchange rate of 15,000 pounds per US dollar on Feb. 1, central bank governor Riad Salameh said, marking a 90 per cent devaluation from its current official ...

Egypt’s net foreign assets (NFAs) improved by 47.28 billion Egyptian pounds in December, marking a second month of increases after it allowed its currency to depreciate sharply in October, central ...

The money exchange shop in Lebanon’s Bekaa Valley was buzzing with business. Cellphones pinged endlessly and employees shouted out various rates as customers flocked in carrying plastic bags of ...

U.S. Secretary of State Antony Blinken moves to the West Bank on Tuesday, a day after calling for a halt to escalating violence and reaffirming Washington’s backing for ...

Cyprus Airways announced on Tuesday that it has secured a license and landing slots to operate up to three weekly flights to the United Arab Emirates (UAE). According to its ...

U.S. Secretary of State Antony Blinken urged Israel and Palestinians to calm tensions as he visited on Monday during the worst violence in years, reaffirming a long-stalled peace vision ...

Lucid Group’s (LCID.O) shares surged 43 per cent on Friday, paring gains after doubling on market speculation that Saudi Arabia’s Public Investment Fund (PIF) wanted to buy out ...

U.S. Secretary of State Antony Blinken arrived in the Middle East on Sunday, beginning a three-day visit as violence flares between Israelis and Palestinians, and with Iran and the ...

The U.S. Treasury Department’s top sanctions official on a trip to Turkey and the Middle East next week will warn countries and businesses that they could lose access ...

An earthquake with a magnitude of 5.9 struck northwest Iran near the border with Turkey on Saturday, killing at least three people and injuring more than 300, state media reported. The official ...

Israel’s Prime Minister Benjamin Netanyahu pledged on Saturday a “strong, swift and precise” response to a deadly Palestinian shooting attack near a synagogue on Jerusalem’s outskirts, as its ...