Saudi pricing shows oil volatility in action amid oversupply
Saudi Arabia's decision to lower prices for oil loading in November shows that the battle for market share in an over-supplied Asian crude market...
Manchester United seeks to build brand in Asia with Gulf Oil
Manchester United said on Monday it had cut a three-year partnership deal with Gulf Oil International, showing the club's appeal as a global brand...
Saudi Arabian firm injects €49 million into Euro Disney
A firm owned by a Saudi prince said Wednesday it has injected 49.2 million euros ($52.37 million) into the struggling Euro Disney theme park...
Oil prices rise in Asia as Doha meeting and U.S. report loom
Crude prices edged down in Asia Monday following last week's gains that were fuelled by data showing a drop in US production, while traders...
Marriott buys rival hotel chain Starwood for $12.2 billion
Marriott International is buying rival hotel chain Starwood for $12.2 billion in a deal that will secure its position as the world's largest hotelier.
The...
Iran struggles to find enough ships for oil exports
Iran faces a struggle to increase oil exports because many of its tankers are tied up storing crude, some are not seaworthy, and foreign...
Shell quits gas project in Abu Dhabi
Royal Dutch Shell is exiting a key natural gas project in Abu Dhabi owing to the collapse in global energy prices, the oil giant...
Kuwait’s finance minister submits resignation
DUBAI (Reuters) - Kuwait's Finance Minister Barak Ali Al-Shitan has submitted his resignation to the prime minister, state news agency KUNA said.
The minister has...
Amanat Holdings to buy 35% stake in Saudi healthcare firm
Amanat Holdings, an education and healthcare company, is acquiring a 35 per cent stake in Sukoon International, a Saudi Arabian healthcare company.
Amanat, which has...
President Mugabe donates 300 cows to African Union
Zimbabwean President Robert Mugabe has donated 300 cattle to the African Union to help it become less dependent on outside donors, a legislator said...
