MIDEAST STOCKS-Saudi banks rebound after sell-off
Rebounding banking stocks lifted Saudi Arabia's market in early trade on Monday. Egypt's bourse was also positive in thin trade before an extended break.
The...
Oil prices bounce after six days of losses
Oil prices rebounded with share markets in Asia Friday following a six-session sell-off, with the dollar softening against most other currencies on easing concerns...
Gulf stocks tumble over Saudi-Iran tensions
Markets in Gulf Arab states tumbled Monday impacted by the growing tension between Saudi Arabia and Iran and global stocks rout over Chinese economic...
Kuwaiti government requests special 6.2 bln dinar budget for weapons
The Kuwaiti government asked parliament to approve a supplementary budget of 6.2 billion dinars ($20.4 billion) to fund weapons purchases for the military over...
Oil blues see 7% Tadawul drop
JEDDAH: The Saudi stock market plunged nearly 7 percent on Sunday in relentless selling sparked by falling oil prices and a decision by Fitch...
Saudis Appeal for Royal Guidance on Economy After Stocks Sink
Saudi plastic surgeon and stock-market investor Sami al-Harki is looking for help.
Al-Harki already lost 40 percent on his shares, but doesn’t want to sell...
Oil prices trade near $42 in Asia
Oil prices traded near $42 in Asia Friday as US markets took a break for Thanksgiving and Russia ruled out a military strike against...
Mobile phone companies’ decline in services angers customers
Telephone companies are one of the biggest projects in Saudi Arabia, where Saudi citizens and residents were globally rated as top Internet and phone...
China says it will keep 2016 economic growth in 'reasonable' range
Chinese leaders, meeting ahead of an agenda-setting conference, pledged on Monday to keep the country's economic growth in a "reasonable range" in 2016 by...
Oil prices up in Asia ahead of OPEC meeting
Oil prices climbed in Asia Tuesday before a meeting of the OPEC oil cartel and a report on US commercial crude inventories which will...
