By Fouad Abdel Aziz Many have read the decision of the Central Bank of the Syrian regime to issue a daily bulletin at the exchange rate of the remittance dollar, close to the black market rate, as a liberalization of the exchange rate of the pound or the beginning of a liberalization of...

BEIRUT (AP) — Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy signed an agreement Sunday that the Qatari firm will join a consortium that will search for gas in the Mediterranean Sea off Lebanon’s coast. The deal inked in Beirut brings Qatar into...

Sanctions in Syria have driven oil production underground, but one company has set out plans to tackle the problem. Gulfsands Petroleum owns a 50% stake in Block 26, where its interests pre-date the war. While sanctions prevent the company from operating in the area, other entities do not...

TOKYO (AP) — Asian shares were trading mixed Thursday, as investors grew cautious after Wall Street's biggest pullback of the year. Shares dipped in Tokyo, but rose in Seoul and Sydney, where they recouped earlier losses by late morning. Hong Kong shares were slightly lower, while Shanghai...