Steady economic and population growth,associated with rapid urbanisation, has led to an increase in energy demand to meet rising electricity and desalinated water needs in the Middle East and North Africa (Mena) region.

Jan Brzeski stands in a sun-filled, beautifully refurbished living room high in the Hollywood Hills, looking out at a swimming pool and, miles below, stunning views of Los Angeles. Brzeski is a private money lender

An aircraft prepares to land at the International Ngurah Rai Airport on Indonesia’s popular tourist island of Bali yesterday. Indonesian growth slipped below six percent last quarter as exports and investment fell in Southeast

Global banking giant HSBC announced on Monday a 22-percent rise in half-year net profits on lower costs and falling bad-debt charges, while noting that slower Chinese growth was impacting its main market Asia. Profit after

Loans to businesses in the debt-mired eurozone tumbled in June, the European Central Bank said Thursday, weakening a key component of any economic recovery. Private sector loans dropped 1.6 percent last month in a year-on-year

Spanish unemployment has fallen for the first time in two years, official data showed on Thursday, a day after the central bank said the recession-hit country seemed close to a recovery. The positive figures add

The United Arab Emirates ordered two military surveillance satellites from France on Monday, in a deal worth more than 700 million euros ($913.2 million). The Falcon Eye deal, signed in Abu Dhabi over competition from

President Barack Obama on Monday pledged to unveil "bold" ideas to help America's struggling middle class as part of a fresh offensive to boost the economy. Speaking to members of the Organizing for Action (OFA)

Michael Jackson's mother Katherine will finally take the stand Friday at her trial against tour promoters AEG Live, who she alleges negligently hired the doctor convicted over the star's 2009 death. After sitting through 12

The U.S. economy grew at a "modest to moderate" pace in recent weeks, with the housing market and construction improving nationwide, the Federal Reserve said in a report Wednesday. The Beige Book's overall assessment of