Sunaina Rana / Emirates Business Economic confidence among CEOs in the MENA region has hit a three-year low in the final quarter of 2015, according to a new survey, which attributes the trend to oil price plunge and political, social unrests in many of the nations. The YPO Global Pulse Confidence Index for the MENA declined for the fifth consecutive ...

Bloomberg World powers agreed on a partial cease-fire in Syria’s civil war, reaching a deal that could forestall a humanitarian crisis around the besieged city of Aleppo even amid skepticism about how broad and lasting the truce might be. Backing the accord were all the major outside powers in the five-year-old conflict, including the US, Russia, Turkey, Saudi Arabia and ...

Bloomberg Environment Minister Barbara Hendricks said Germany’s decision to admit more than 1.1 million refugees within the last year is likely to strain the government’s target to cut greenhouse gas pollution. The minister in Chancellor Angela Merkel’s cabinet who also oversees housing asked for 3.9 billion euros ($4.4 billion) in additional spending through 2020 to build homes for asylum seekers. ...