World Business News

UAE telecoms operator Etisalat ETEL.AD, which saw $1.8 billion moved over its network last year via money transfers, has sought regulatory approval to expand its financial services offerings in the Gulf region, home to millions of expatriates.

The International Monetary Fund (IMF) Thursday announced that it has approved a 28 billion euro rescue loan for Greece.

Saudi Arabia is preparing to extend this year's unexpected jump in oil sales to the United States, adding to speculation about the response of the world's top oil exporter to sanctions against Iran and a rally in prices.

Shares of Apple reached $600 for the first time on Thursday, setting yet another milestone for the stock market's most valuable company.