Middle East
Latest News
More
Pakistan, Saudi Arabia investors launch fund to boost trade, investment
ISLAMABAD, Nov 9 (Reuters) - A joint council of Saudi Arabian and Pakistani investors launched a private equity fund on Monday as part of the countries' wider push to deepen two-way private sector tra

US asks Iraq to shut most Iran border crossings, Iraqi foreign minister says
Nov 8 (Reuters) - The US Treasury has asked Iraq to close all border crossings with Iran except for two as part of Washington's policy of increasing economic pressure on Tehran, Iraqi Foreign Ministe

Lilly, Hims Join Forces to Reach More Weight-Loss Drug Patients
Eli Lilly & Co. is teaming up with Hims & Hers Health Inc. to make its blockbuster obesity medicines more widely available, tapping into the telehealth company's vast customer base to boost sales of d

Turkey court jails former minister in funds probe, Anadolu says
ANKARA, Nov 6 (Reuters) - A Turkish court jailed a former minister and senior member of the ruling AK Party early on Friday in an investigation into the country's fund crisis, state-run Anadolu Agency

Turkey unveils 2040 energy plan requiring more than $200 billion in electricity investments
ISTANBUL, Nov 5 (Reuters) - Turkey's Energy Minister Alparslan Bayraktar unveiled the country's 2040 national energy policy on Thursday, which requires more than $200 billion in investment to meet the

Israeli ex-generals condemn settler violence, help Palestinian farmers
QUSRA, West Bank, Nov 3 (Reuters) - A group of senior Israeli ex-military officials helped Palestinian farmers on Tuesday to harvest olives, in a gesture of solidarity amid an upsurge in militant sett
COMMENTARY: Qatar's US LNG bet signals a new energy order
LONDON, Nov 3 (Reuters) - Turning to your biggest rival is rarely a sign of confidence. Yet Qatar's decision to sign long-term contracts for US supplies suggests the world's second-largest LNG exporte

Simmers, Medina win first Philippines Pro in hollow typhoon surf
Nov 3 (Reuters) - Brazil's three-times world champion Gabriel Medina scored a near-perfect tube to win the inaugural Philippines Pro in heavy, hollow typhoon surf on Tuesday, while California's Caitli

Abu Dhabi's ADNOC, G42 sign deal with OpenAI as Sam Altman travels to UAE
DUBAI, Nov 2 (Reuters) - Abu Dhabi's ADNOC and artificial intelligence firm G42 on Monday signed a deal with OpenAI under which the state energy firm will integrate advanced AI capabilities across its

Iran provincial official says US attacked fishing boats off Qeshm Island, state media
Oct 31 (Reuters) - Iranian state broadcaster IRIB, citing a Hormozgan province official, said on Saturday that the US attacked two fishing boats near Qeshm Island, leaving two fishermen missing and

Iran's IRGC Navy says two tankers 'exploded' after hitting mines in Hormuz
Nov 1 (Reuters) - Iran's Islamic Revolutionary Guard Corps Navy said two oil tankers "exploded" after striking mines while traveling through an "unauthorized route" in the Strait of Hormuz, Iranian s

Egyptian man who fire-bombed pro-Israel rally in Colorado pleads guilty to federal hate crimes, media reports
DENVER, Oct 29 (Reuters) - The man accused of throwing gasoline bombs at a pro-Israel rally in Colorado last year, injuring several people including a woman who later died, pleaded guilty on Thursday

IMF aims for Egypt's last program review to be cleared by mid December
Oct 29 (Reuters) - The International Monetary Fund said on Thursday its current mission to Egypt aims to reach a staff-level agreement and bring it to its executive board for approval before mid-Decem

Egypt's central bank makes first rate hike since March 2024
CAIRO, Oct 29 (Reuters) - Egypt's central bank raised its key interest rates by 100 basis points on Thursday, the first hike by the bank since March 2024. The monetary policy committee raised the dep

Israeli stocks fall, shekel weakens as Netanyahu bloc beats election forecasts
JERUSALEM/LONDON, Oct 28 (Reuters) - Israel's currency, stocks and bonds came under pressure on Wednesday as initial election results showed Prime Minister Benjamin Netanyahu's right-wing bloc perform

Israel's shekel jumps to 5-week high amid record election turnout
JERUSALEM, Oct 27 (Reuters) - Israel's shekel jumped nearly 2% to a five-week high on Tuesday as high voter turnout lifted traders' bets that the country's first election since the October 7, 2023, Ha

Egypt signs preliminary financing agreement on $650 million solar project in Upper Egypt
CAIRO, Oct 26 (Reuters) - Egypt has signed a preliminary financing agreement with Norway's Scatec (SCATC.OL), opens new tab and three multilateral development banks for a $650 million solar power proj

Turkey may make acquisitions, sign deals for further hydrocarbon exploration by year-end, minister says
ISTANBUL, Oct 27 (Reuters) - Turkey may reach agreements to make acquisitions or further explore for hydrocarbons by the end of the year as part of its target to produce 1 million barrels of oil and n

Canada, UAE sign trade deal as Carney seeks new trading partners
OTTAWA, Oct 27 (Reuters) - Canada and the United Arab Emirates signed a comprehensive trade deal on Tuesday to lower barriers between the two economies and boost investment, the governments said, as P
