Bloomberg Egypt has “almost completed” the actions required for the International Monetary Fund’s board to review its $12 billion loan accord, but some measures related to the exchange rate and subsidies are still pending, Managing Director Christine Lagarde said on Saturday. The most populous Arab country is relying on the deal to restore investor confidence and ease a dollar ...

  BAGHDAD/ Reuters Iraq’s oil minister has urged oil and natural gas producers operating in the country to continue increasing output next year, the oil ministry said in a statement on Sunday. Jabar al-Luaibi’s comments came as OPEC nations are trying to implement an agreement to curb oil output for the first time since the 2008 financial crisis, in order ...

  DUBAI / Reuters Saudi Arabia’s Almarai, the Gulf’s largest dairy company, reported a 10 percent rise in third-quarter net profit on Sunday, broadly meeting analysts’ forecasts with the help of cost controls it said would remain a priority. Saudi retailers will in coming quarters have to weather the impact of austerity measures imposed to curb a huge state budget ...