European shares end higher led by auto, oil stocks
European shares closed higher on Tuesday, led by auto and oil sector stocks and helped by expectations central banks in Europe and the United...
OECD calls for reforms to wake up growth
With little hope for the world economy picking up pace soon, governments must tackle reforms at home to kickstart growth, the OECD said on...
Bahrain and Oman cut gas subsidies as oil hits 12-year low
Bahrain and Oman have reduced state subsidies on gasoline as the global oil price dips to its lowest since 2003.
On Tuesday, gas prices at...
Hezbollah: Saudi should not collectively punish Lebanon
Hezbollah chief Hassan Nasrallah on Tuesday called on Saudi Arabia not to collectively punish Lebanon's people just because Riyadh disagreed with the Shiite movement's...
EXIM backers vow to defeat U.S. House amendments to gut trade bank
Export-Import Bank said on Tuesday they can defeat a barrage of proposed amendments aimed at gutting the trade lender's ability to aid large companies...
Global anti-terror financing meeting – Pakistan
At a global meeting on anti-terrorism financing in Paris on Friday, a decision whether or not to blacklist the South Asian nation is expected....
GE announces deals worth over $1.4 billion with Saudi Arabia
General Electric Co. said Monday it made a series of deals with Saudi Arabia worth over $1.4 billion as part of the kingdom's ambitious...
Qatar Airways boss: 'we create American jobs'
Qatar Airways chief executive Akbar al-Baker said Thursday that his company is helping to create jobs in the US despite an ongoing war of...
Saudi Arabia orders 5% cut in contract spending
Saudi Arabia's government, its finances strained by low oil prices, is opening a fresh austerity drive by ordering ministries to cut their spending on...
Saudi considering lifting export curbs on cement, steel
Saudi Arabia is considering lifting partial export bans on cement and steel to relieve oversupply in the local market, economic news website al-Eqtisadiah quoted...
