The United States saw another strong month of hiring in April, with the economy adding a better-than-expected 428,000 jobs and the unemployment rate remaining at a low 3.6 percent.

The Lebanese pound sank to a new low on the black market Wednesday, with no end in sight to the economic and political crisis plunging ever-growing numbers into poverty. According to websites monitoring the black market rate, the pound was trading at 24,000 to the dollar or 16 times less...

The Turkish lira plunged to record lows against the dollar on Tuesday after President Recep Tayyip Erdogan said policymakers have no appetite to hike interest rates in response to the currency's fall.

The Turkish lira suffered one of its biggest falls of the year on Tuesday and hit new historic lows to cement its status as the year's worst-performing emerging market currency.

Lebanon marked the second anniversary of its defunct protest movement with a low-key demonstration in Beirut Sunday, while many stayed away amid grinding economic woes and deadly tensions over a port blast probe.

In what was the fifth election since the 2003 US-led invasion that ousted dictator Saddam Hussein with the promise of bringing freedom and democracy, preliminary turnout was just 41 percent, based on results from 94 percent of voting stations.

Global debt levels could reach about 260 percent of gross domestic product (GDP) by the end of 2021, though low interest rates mean the ability to service it will be manageable, according to S&P Global Ratings.

S&P Global Ratings has forecast that private sector lending will remain muted for one to two years in GCC countries. But, it added, that Saudi Arabia might buck the trend.

23 percent turnout seen as a sign of Algerians’ disillusionment with the political class  FLN secures 98 of 407 seats in the parliament  Algerian President Abdelmadjid Tebboune on Saturday began consultations for the formation of a new government, a statement from his office said, following a parliamentary election marked by...