Al-Khodari: Saudi construction sector faces tough times ahead
Saudi Arabia's construction industry faces difficult times ahead as the prospect of state budget cuts adds to painful labour reforms, according to major builder...
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...
Ambitious Saudi economic reforms up against 'vested interests'
Saudi authorities will have to confront a range of vested interests if they hope to pull off an ambitious plan to diversify the economy...
Iraq's Qayyara oil fields won't return to production before Mosul retaken
Iraq doesn't expect to resume production from the northern Qayyara oil region before the capture of nearby Mosul from Islamic State (ISIS), an oil...
Global art market bounces back after 10% slump in 2015
The art market has bounced back worldwide after prices slumped by more than 10 percent last year as investors look for a safer alternative...
Professional workers leaving Qatar after layoffs
Five years ago Samer Habib left the United Arab Emirates and moved to Qatar where he opened a restaurant that turned a profit serving...
Nintendo worth more than Sony after Pokemon Go release
Nintendo on Tuesday shot past Sony in market value after the videogame giant's stock more than doubled since the release of the wildly popular...
Oil squeeze spreads from Gulf states to banks
Low oil prices are forcing Gulf states to borrow to prop up their economies and are now taking their toll on the region's banks...
Shell quits gas project in Abu Dhabi
Royal Dutch Shell is exiting a key natural gas project in Abu Dhabi owing to the collapse in global energy prices, the oil giant...
Bank of China gains foothold in Morocco
Bank of China has established a presence in Morocco that will further reinforce the Asian nation's far-reaching influence in resource-rich Africa, officials said.
The commercial...
