OECD: Go green to save the world and the world economy
The OECD urged Monday nations to step up environmental investments to ward off not only catastrophic climate change but to give the global economy...
How Saudi Arabia plans to shake up its economy
In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how Saudi Arabia's economy...
Oil prices fall further in Asia
Oil prices extended losses in Asia Thursday following a rise in US commercial crude stockpiles, while traders turned cautious ahead of a crunch producers'...
Row over sandy tracks hits Spain-Saudi rail project
It is the biggest contract Spanish firms have ever undertaken abroad, a high-speed railway linking Islam's holiest cities, Makkah and Medina, in Saudi Arabia...
Oil prices slip on Chinese demand concerns, weak Saudi exports
Oil prices fell on Monday on concerns about the pace of economic growth in China, the world's largest energy consumer, and signs that global...
UAE Etisalat sees 8% profit drop in Q1
UAE telecom giant Etisalat said Tuesday that its net profit dropped by eight percent to two billion dirhams ($545 million) in the first quarter...
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...
Oil producers keep output freeze revival on standby if prices weaken
Russian Energy Minister Alexander Novak has a contrarian message for those who question the wisdom of freezing global levels of oil output.
Despite the collapse...
Huge personal debt raises worries in wealthy Qatar
Credit cards on the limit, huge bank borrowings and a struggle to repay loans: these are the personal debt problems of some Qataris despite...
Syria funds suggest ISIS link to militants arrested in Indonesia
Some of the Indonesian men arrested at the weekend after tip-offs that they were planning a string of militant attacks had received funding from...
