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...
Latin American oil exporters urge oil producers to help stabilise market
Latin America's main oil exporters on Friday called on both OPEC and non-OPEC nations to take action to stabilise oil markets, in a timid...
WageSpot phone app pulls back curtain on employee pay
A WageSpot smartphone application released in the United States on Tuesday dove into a historically taboo topic -- how much people get paid.
The app...
Pokemon Go seen making billions for Apple
Apple Inc stands to rake in $3 billion in revenue from the Pokemon Go craze in the next one to two years as gamers...
Saudi Telecom profit slump may weigh on kingdom's market
Oct 21 Saudi Arabia's stock market may face further selling pressure on Wednesday as a gloomy oil report and a sustained profit slump at...
Oil prices may reach $20, Saudi not willing to cut output
OPEC is determined to keep pumping oil vigorously despite the resulting financial strain even on the policy's chief architect, Saudi Arabia, alarming weaker members...
New SME body ‘will generate jobs for Saudis’
The newly formed Public Authority for Small and Medium Enterprises approved by the Cabinet on Monday will help create jobs for young Saudis and...
Apple opens first Middle East outlets in UAE
US technology giant Apple launched its first two stores in the Middle East on Thursday, with hundreds flocking to their openings in the rich...
Putin's ally absent as Russia considers joint action with OPEC
When Russian officials this week discussed the merits of jointly cutting oil output with OPEC to push up prices, one man -- President Vladimir...
KSA able to use space technology to prevent Ebola
Canadian born Assistant Professor, Dr. Farhan M. Asrar at the University of Toronto in Canada, has disclosed that Saudi Arabia can use space technology...
