Gulfsands, the operator and joint-owner of of a $1.5 billion dollar oil field in Syria, has received a £6.5 million (~$8.7m) financing facility, the company announced on Tuesday.  The multi-million dollar financing deal will allow the company to operate until at least December 2023....

DUBAI, United Arab Emirates (AP) — Nations around the world are lurching into lockdown, steeling themselves for a brutal surge as the omicron variant spreads like wildfire. But in Dubai, Donna Sese is bracing for a very different surge: countless restaurant bookings and meter-long drink...

Turkish President Recep Tayyip Erdogan on Monday announced a series of measures to encourage lira-denominated savings, easing the pressure on the beleaguered Turkish currency. Earlier in the day, the lira had tumbled to an all-time low of 18.36 against the dollar, after Erdogan over the...

 Danish fuel supplier Bunker Holding, its chief executive and a subsidiary of the company were convicted by Odense city court on Tuesday for breaching international sanctions by selling jet fuel to war-torn Syria, court documents showed. Bunker Holding, a fuel trader that is also one of...