Qatar acquires stake in Chevron oil project off Morocco
The Qatari state oil company, Qatar Petroleum, says it has reached a deal with Chevron to acquire 30 percent of its stake in offshore...
$20 bln to be offered by Oman central bank as extra liquidity
As one of several measures aimed at supporting the economy, Oman's central bank is preparing to provide some 8 billion Omani rial ($20.8 billion)...
China's retail investors seek safety first
As China's legions of retail investors flee the country's tumultuous equity markets, pushing stock prices down around 15 percent so far this year, money...
Kuwait signs $2.8 billion military and provisional deals with France
Kuwait signed 2.5 billion euros ($2.8 bn) worth of military fixed and provisional deals led by the purchase of 24 Airbus-built Caracal helicopters, the...
Oil giant Saudi Aramco confirms looking into share offers
State-owned Saudi Aramco, the world's largest crude oil producer and exporter, said Friday it is considering a public share offer.
The company "has been studying...
OPEC unlikely to cut oil production amid cheap prices
OPEC looked unlikely to take steps to cut oil production to lift languishing prices at a meeting on Friday, potentially worsening one of the...
Pakistan to receive $497mn tranche of IMF loan
The International Monetary Fund announced Thursday it would release the latest instalment worth $497 million of a three-year economic bailout package to Pakistan, while...
France and a number of countries expressed desire to help Lebanon
Lebanese president Michel Aoun said a number of states with France at the forefront had expressed desire to help Lebanon, the president's office quoted...
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...
U.S. Stock Indexes hold onto meager gains
U.S. stock indexes held onto meager gains in lackluster early-afternoon trading on Monday in the run-up to Thursday's Thanksgiving holiday.
Energy stocks rose with crude...
