Abu Dhabi's Etihad Airways said Thursday it posted a $1.87 billion loss last year, hit by "one-off" impairments on aircraft and investments in troubled Alitalia and airberlin.

The government-owned carrier said total impairments amounted to $1.9 billion, including a $1.06 billion "charge on aircraft, reflecting lower market values and the early phase out of certain aircraft types."

Authorities in the United Arab Emirates have banned a leading business website and magazine for one month for allegedly publishing "false news" on failed real estate projects in Dubai.

Hala Gamal looks at a pile of rubble on Cairo's Warraq island -- all that's left of her house after a police operation to evict residents accused of squatting on state land.

German car manufacturer BMW on Tuesday said it would build an all-electric version of its Mini in Britain, a move hailed by the country's government as it negotiates Brexit.

Confidence among German business leaders hit a "euphoric" all-time high in July, the Munich-based Ifo institute said, beating analysts' expectations of a small decline.

Anglo-Dutch energy giant Shell said Tuesday it has shut down a key crude supply pipeline in Nigeria's restive south because of a leak.

The European Union warned Turkey on Monday that its economy could be harmed if growing tensions with the bloc, and especially with Germany, get out of hand.

The dollar suffered fresh losses on Monday, while Asian markets mostly rose as investors await a Federal Reserve policy meeting and the release of big-name earnings results.

Economic growth in the Middle East and North Africa is forecast to slow considerably over oil prices as the Saudi economy slides, the International Monetary Fund said on Monday.

The global economic recovery is on firmer footing as improving growth in China, Europe and Japan offset downward revisions for the United States and Britain, the International Monetary Fund said Sunday.