The United Arab Emirates plans to build an oil pipeline connecting Eritrea and Ethiopia, the latest sign of the Gulf state's increasing involvement in the Horn of Africa. The pipeline will run from Eritrea's port city of Assab to Ethiopia's capital Addis Ababa, an Ethiopian official said....

Iran's Central Bank has allowed money exchange offices to resume work, ending a ban imposed in March amid the country's economic troubles. The bank's governor, Abdolnaser Hemmati, told state TV late Sunday that "money exchangers are allowed to sell and buy foreign currencies" once...

(CBC)- A Halifax man who is the first person charged with violating Canada's economic sanctions against Syria is back in Damascus doing business there, CBC News has learned. Nader Kalai — a Syrian national with permanent residency in Canada — is known to be a close associate of...

Already fragile and is largely dependent on oil revenues, Iraq’s economy has sustained a great damage after the rise of the Daesh terrorist group and simultaneous falling oil prices.  As a result, Iraq’s debts have almost doubled for the past four years.  With its...