Gas prices have risen to above $4 per gallon in many parts of the United States, sending economists into a tizzy about its impact on consumer spending, consumer confidence and the effects it will have on the housing market.
Iran, faced with global trade embargoes and a possible attack by Israel on its nuclear installations, has threatened to close the Strait of Hormuz.
If it were a country, Apple’s market value would put it between oil-rich Iran ($480 billion in gross domestic product) and tech powerhouse Taiwan ($505 billion GDP).
The technology sector is slowly growing in Kenya, but this weekend a misplaced anchor near the port of Mombasa has damaged high-speed connectivity in East Africa.
Israel’s hawkish Prime Minister Benjamin Netanyahu is scheduled to visit with President Barack Obama in Washington next week to discuss the Iran matter.
Authorities in Ukraine arrested three men suspected in an assassination plot targeting Russia's Prime Minister Vladimir Putin, according to Russian state-owned Channel One television.
The U.S. government is eyeing Israel, Canada and the United Arab Emirates as possible initial foreign buyers of the V-22 Osprey, a tilt-rotor aircraft built by Boeing Co and Bell Helicopter, a top U.S. Marine Corps official told Reuters.
Researchers have discovered rare fossilized footprints in the Arabian Desert that are revealed to be of the oldest elephant herd.
The BSE Sensex was headed for a second day of decline on Thursday as investors booked profits from recent rallies as concerns mounted over the state of the global economy, including rising oil prices.
Gas prices have risen to above $4 per gallon in many parts of the country, but compared to other countries, it's actually a rather low figure.
Avram Grant, manager of Partizan Belgrade, has claimed that Iranian side Sepahan Isfahan cancelled a friendly game with his team because he is Israeli.
Spending on information technology fell 13 percent in Egypt last year after the fall of former president Hosni Mubarak and will be flat for 2012 as a political void stalls government investment in the sector, IDC said on Sunday.
Emirati marriage counselor, author and ultra-conservative Muslim Widad Lootah has urged Muslim and Arab women to embrace love and love-making on the eve of Valentine's Day, it has been reported.
Iran is seeking to close grain purchases using gold and oil as payment, and has paid in yen for a large volume of wheat in its first deal since western sanctions against Tehran started choking imports of food staples, European wheat exporters said.
Syria's President Bashar al-Assad promised to stop the bloodshed that has engulfed his country for the past 11 months. Assad reached an agreement with Russian Foreign Minister Sergei Lavrov, who was in Damascus on Tuesday.
The member states of the Gulf Cooperation Council (GCC) recalled their Syrian ambassadors on Tuesday after violence against protestors in the country escalated yet again.
Mergers and acquisitions in the Middle East and North Africa rose slightly in 2011, but the combined value of deals fell by more than one-quarter as slower economic growth weighed on prices, Ernst & Young said on Sunday. Deal values fell to $31.7 billion last year compared with $44.1 billion a year earlier.
The world's major pharmaceutical companies joined forces with governments and leading global health organizations Monday to donate drugs and scientific know-how to help control or wipe out 10 neglected tropical diseases by 2020.
South-Korean electronics giant Samsung might have inadvertently listed its latest Galaxy S3 on the official Web site, according to latest reports.
Japan and South Korea are Iran's third and fifth biggest oil customers, but the United States, looking for international support for new sanctions pressuring Iran's oil sector, would like that to change.
Why would Israel take such a risk to engineer such acts against one of their deadliest enemies, Iran?
Iran said on Sunday it had received a letter from the U.S. government about the Strait of Hormuz, the crucial oil shipping lane that Tehran has threatened to close if sanctions prevent it exporting oil.
