Category: Middle East (Economy, Finance, Business)

1) Qatar announced they are dropping out of OPEC to focus on natural gas production, which is what their oil fields mostly produce. Being a small producer of oil, Qatar…

1) Reports that the struggling retailer Sears was a ghost town on Black Friday is another sign of how Sears is struggling through the holiday season trying to remain in…

Episode #1 on THE CLOUD (Soundcloud that is). On the new podcast show, called THE CAST, hosts Sammy BE, Luisa L & Savannah Bee discuss, entertainment, music, fashion, and all…

*Photo Image: ArabianBusiness.com* By: Economic & Finance Report Nawah Energy Company (unit/ENEC), a unit of the Emirates Nuclear Energy Corporation , has signed a long term joint agreement with middle…

1) Russia stands to be the beneficiary of the Iran oil ban from newly imposed sanctions, with Moscow taking over Iran’s customers while defying sanctions to import Iranian oil. Although…

1) Department of Justice is investigating technical theft against Micron Inc. of their high capacity RAM technology, as part of the economic trade war 2) The number of new jobs…

1) President Trump has instructed the heads of departments to cut their expenditures by 5% in an effort to curb deficit. 2) Fears of another interest rate hike by the…

1) There were 7.14 million job openings in August, the highest ever. Job openings out paced unemployment. 2) Federal government closed its 2018 fiscal year with a $779 billion dollar…

1) Investors fear if oil prices continue rising, then inflation may very well rise also. 2) Saudi Arabia’s stocks have plunged over suspected murder of a journalist. Fears abound that…

By: Economic & Finance Report On this podcast #28, Bizman Bassey (Sammy BE), James Lymon and Jon Don Sterling, discuss the TARIFF situation between US, China and the rest of…