IMF urges Gulf states to reduce spending

GCC states to lose $300bn in oil revenue this year

View of the BMCE Bank building, one of Morocco's biggest bank, in the business district of Casablanca, Morocco.
©Bloomberg

Morocco looks south as Europe stagnates

Strategic location helps country to position itself as a gateway to Africa

Wise bet is on happier year for economy

Optimism is more likely to prove correct than fashionable pessimism

Opec can ride out cheap oil, says head

Badri defends maintaining output at 30m barrels

Libya burns through its foreign reserves

Sliding oil price and civil war after tripling of state salaries erode holdings

Libya’s divisions pave way for oil tussle

Chaos exacerbated by dual governments and central banker rivals

Qatar replaces head of $300bn fund

Member of royal family takes helm at global investor QIA

Dubai: the statelet start-up

Well-connected emirate is attracting big tech and small start-ups

Conflict threatens $15bn Jordan gas deal

Country recalls its ambassador from Israel

Qatar looks to back high-speed train plan

Regeneration of areas near UK stations discussed

Egypt issues tender against oil revenues

$2bn in funding guaranteed by sales of crude oil for five years

Isis declares its own currency

Leader releases audio message after death claims

RBS retreat may include eastern pullback

Review threatens Central Europe and Mideast operations

Abu Dhabi lures Singapore Exchange chief

ADGM’s launch is part of UAE capital’s plan to diversify

Easing of Dubai property prices welcomed

Alabbar remains optimistic about longer-term demand

Oil price fall temporary, says Saudi executive

Population growth will spur sales, says Sabic head

Iranians struggle with cost of living

Perception that improvement is not feeding through to real economy

Businesses look to Iran opportunities

London conference prepares for eventual easing of sanctions

Investors eye Egypt energy opportunities

Sentiment improves on perception stability is returning

Saudi investor warns on falling oil price

Alwaleed ‘astonishment’ over government playing down issue

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