World Bank plans help for regions in Iraq recaptured from Islamic State

The World Bank is seeking to finance development projects in areas in Iraq that the government has recaptured from Islamic State militants, its regional vice president said.

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Iran says Saudi Arabia should move to curb oil price fall

Falling world oil prices will hurt countries across the Middle East unless Saudi Arabia, the world's biggest crude exporter, takes action to reverse the slump, Iran's deputy foreign minister told Reuters.

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French publisher Webedia adds Lebanese digital media firm Diwanee

Paris, France-based digital publishing firm Webedia added Lebanon-based digital media firm Diwanee for an undisclosed amount to help the latter reach out to women in the Middle East.

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Thomas Cook sells foreign exchange unit

England-based Thomas Cook's chief executive Harriet Green announced the sale of its foreign exchange unit to Moneycorp, a rival backed by the Royal Bank of Scotland.

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Thomas Cook sells off business interests in Egypt and Lebanon

Yusuf Bin Ahmed Kanoo Holdings Ltd purchased the business interests of Thomas Cook Group in Egypt and Lebanon.

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Israeli-Palestinian strikes hint continuous retaliation

Air strike exchanges between Israel Defense Forces (IDF) and the Palestinian Front for the Liberation of Palestine had hinted more violent exchanges.

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