After the announcement, S&P Global downgraded Sri Lanka, reflecting the deterioration of the country's ability to maintain foreign reserves

Officials from Saudi Arabia, Kuwait, Oman and Bahrain, and secretary general of GCC will be in China until Friday

Foreign ministers of Saudi Arabia, Kuwait, Oman and Bahrain, as well as GCC secretary general  are on a tour of China

Many businesses are planning to move to Pakistan or Iran over challenges such as constant power outages that have paralysed the private sector

FinTech Acquisition Corp V said it amended terms of merger with the Israeli online brokerage, cutting its valuation to $8.8 billion from $10.4 billion

Israel's flag carrier will receive tens of millions of dollars from the state and El Al's controlling shareholders to help it weather the pandemic

King Salman says efforts by the world's top oil exporter to maintain spare capacity had proven important to safeguarding energy supply security

The country needs a total of 8,000 schools "to fill the gap in the education sector", housing ministry official Hassan Mejaham was quoted as saying by the official Iraqi News Agency

Downgrade comes day after 1.5% contraction in third quarter of this year as a foreign exchange crisis wrecked its post-Covid-19 recovery

The country has “extremely strict” standards for issuing permits for prospecting for minerals, it said, so companies and individuals that do this without a permit risk being detained.

The $944 million Mumbai-based media conglomerate is hoping to grab eyeballs and a sizeable chunk of the global streaming audience

The United Arab Emirates turns 50 on December 2. In just a few decades the Gulf state has turned into an economic hub and one of the region's most influential countries