Middle East

Middle East News

  • Obama in Berlin Shows Merkel’s Chancellorship Forged in Crisis

    Updated 12 minutes ago

    It was 95 degrees Fahrenheit outside the Los Cabos conference center as President Barack Obama and fellow Group of 20 leaders pressed Chancellor Angela Merkel to take the heat out of the crisis-wracked euro area.

  • China Envoy Says Middle East Conflict Too Complex for U.S. Alone

    Updated 22 minutes ago

    The Middle East’s challenges are too complicated for the U.S. to address alone, a top Chinese envoy said today, as the government seeks greater influence in a region that’s the source of 50 percent of its oil imports.

  • Millionaires in North America Regain Top Spot From Asia

    Updated 1 hour, 11 minutes ago

    North America reclaimed the top spot with the most millionaires last year, beating Asia as the world’s ultra-rich pushed global wealth to a record high, according to a report by Cap Gemini SA and Royal Bank of Canada.

  • FlyDubai to Start Business Class Service on No-Frills Flights

    FlyDubai, the state-owned budget carrier, will begin offering business class services on some routes starting in October, it said in an e-mailed statement today.

  • Paul Hastings, Lowenstein, Nixon Peabody: Business of Law

    Paul Hastings LLP said Douglas Flaum has joined the firm as a partner in New York. He was previously at Fried, Frank, Harris, Shriver & Jacobson LLP, where he was head of the securities and shareholder litigation practice.

  • Palestinian TV Station’s Saga Holds Lessons for Kerry

    Updated 12 minutes ago

    Muamar Orabi can tell Secretary of State John Kerry how hard it is to make progress in the Holy Land. The top U.S. diplomat has been pushing since February to restart Israeli-Palestinian peace talks. Orabi is just trying to broadcast news reports in the Palestinian territories.

  • Vietnam Leader Visiting China Seeks Export Gain Amid Sea Tension

    Updated 38 minutes ago

    Talks between the presidents of Vietnam and China, their first meeting since China’s leadership change, will focus on bolstering economic ties even as tensions rise over disputed territory in the South China Sea.

  • WTI Crude Rises to Nine-Month High on Syrian Conflict

    West Texas Intermediate crude climbed to a nine-month high as the Syrian conflict bolstered concern that the flow of supplies from the Middle East may be disrupted and on signs that economic growth is accelerating.

  • ETF Money Blazes a Trail Into New Frontiers

    Nigeria, Pakistan and Kazakhstan don't top many traveler bucket lists. Sending money there's another story: The MSCI Frontier 100 Index is up 14 percent this year and assets in exchange-traded funds that specialize in such "frontier markets" have risen 52 percent to $820 million. By contrast, nearly $10 billion has flowed out of emerging market ETFs this year, and the MSCI Emerging Markets Index is down 8.1 percent.

  • Erdogan Penalized at Bond Auction as Yields Surge: Turkey Credit

    Updated 40 minutes ago

    Turkey was forced to pay higher borrowing costs in the first auction of debt since anti- government protests began more than two weeks ago.

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