Gulf investors inflow sentiment toward Saudi Arabia jumps
Gulf investors are increasingly planning to invest in Saudi Arabia on the back of confidence in its long-term economic performance and its opening to...
Japan is boosted as the Dollar strengthens and crude climbs almost one percent in...
Japanese stocks rallied as the dollar strengthened in holiday-thinned trade Monday, with most markets across Asia closed for the Lunar New Year holiday.
A report...
ANALYSIS-Saudi Arabia's new oil policy works in reclaiming market share
Top oil exporter Saudi Arabia is slowly regaining market share following its 2014 decision to no longer support prices, data shows, but has a...
PT Pertamina and Saudi Aramco ink pact for refinery upgrading project in Indonesia
Indonesia’s PT Pertamina and Saudi Aramco have signed a heads of agreement (HoA) to formalize key business principles for joint ownership, operation and upgrade...
Tumbling oil triggers Tadawul panic selling
Panic selling again gripped Saudi stock market on Wednesday due to weak oil prices, causing the Tadawul All-Share Index to plunge below 8,000 points.
The...
U.S. Secretary Kerry offers support to struggling Tunisia
U.S. Secretary of State John Kerry is in Tunisia for economic and security talks to show support for the North African nation's fledgling democracy.
Kerry...
SAUDI ARAMCO CHAIRMAN DEFENDS OIL GIANT'S POSSIBLE IPO MOVE
The chairman of Saudi Arabia's state oil giant says plans for a possible initial public offering are not being driven by a need for...
Saudi Prince Mohammed considering subsidy cuts after oil price slump
Saudi Arabia may reduce energy and water subsidies for wealthy citizens among other reforms to diversify its economy away from oil amid a sustained...
Italy’s economic crisis over Coronavirus
In Italy, the Coronavirus outbreak that has killed 463 people and forced the government to restrict movement for its 60 million citizens.
The government imposed...
Oil prices rise after Saudi Arabia cuts ties with Iran
Oil prices rose Monday on Middle East supply risks after Saudi Arabia cut diplomatic ties with Iran.
At about 1230 GMT, US benchmark West Texas...
