The risk of international conflict is now the biggest threat facing countries and businesses in the coming decade, trumping concerns about the economy, the World Economic Forum said.
The group's annual assessment of global haz
Libya's El Sharara oilfield, which normally produces around 200,000 barrels per day (bpd), remains shut due to its main pipeline being closed, an official from the state-run National Oil Corporation said.
Hamas Islamist militants have agreed to a 24-hour humanitarian truce in their conflict with Israel in the Gaza Strip, a spokesman for the group said on Sunday, hours after fighting between the sides resumed.
Oman's central bank has told commercial lenders to avoid conflicts of interest when appointing board members and senior management, in a fresh effort to improve corporate governance in the sultanate.
The move coincides with a
Dubai's gold exchange and one of its biggest gold refineries have denied reports alleging they ignored international guidelines designed to prevent human rights abuses and underground trade in the precious metal by African warlords.
Bahrainis were yesterday warned against taking part in fighting with opposition groups outside Bahrain or engaging in regional or international conflicts.
They were urged not to join radical religious outfits or extremist intellec
Americans strongly oppose US intervention in Syria's civil war and believe Washington should stay out of the conflict even if reports that Syria's government used deadly chemicals to attack civilians are confirmed, a Reuters/Ipsos poll s
Lebanon's politics are descending into sectarian conflict and its economy is starved of investment. But its sovereign bonds are steady, foreign reserves are holding up and there is no sign of serious pressure on its currency.
The death toll in Syria reached at least 93,000 at the end of April, but the true number from the violence now in its third year may be much higher, the United Nations human rights office said on Thursday.
US Secretary of State John Kerry urged Israel and the Palestinians on Monday to revive stalled peace talks, warning that the alternative was a "negative spiral of responses."
"We're running out of time. If we do