The National Commercial Bank report said Q3 2013 was the busiest period with the value of awarded contracts standing at USD 39.7 billion.
The country is hopeful that the fresh round of discussions on its nuclear program would lift punitive crude embargo.
The region has the potential to make capital more accessible to individuals and business owners, according to World Bank.
Forex.com’s Kathleen Brooks discusses the damage the US political system has inflicted on its currency and what this means for the Middle East.
The regional economy is set to perform relatively well, but a slowdown in emerging markets could pose some risks.
The IMF says failure by the economic powerhouse to pay its obligations on time could send shockwaves around the world.
Analysts expect tourist receipts in one of Africa’s most popular destinations to plunge due to the recent hostage crisis.
Kazakhstan’s major oilfield has started pumping crude in September, but investors are still sorting out transportation issues.
Hassan Rouhani is opening the lines of communication with the West in a bid to get his country’s fiscal health back in shape.
Sara Yates of J.P. Morgan Private Bank provides a near-term outlook on the US stimulus program and how it will impact currency trading worldwide.