Microsoft to buy LinkedIn for $26.2 bln

Microsoft Corp agreed to buy LinkedIn Corp for $26.2 billion in its biggest-ever deal, combining the software giant's fast-growing cloud services business with the...

Kurds ready for new oil deal with Baghdad if they get $1 billion a...

Iraq's Kurds are ready to strike an agreement with the central government in Baghdad on a deal to increase oil exports, if it guarantees...

Oil price slump to start affecting Saudi banks

The impact of lower oil prices will soon start to weigh on Saudi Arabia’s banks, which are likely to see bad loans edge higher...

OECD calls for reforms to wake up growth

With little hope for the world economy picking up pace soon, governments must tackle reforms at home to kickstart growth, the OECD said on...

Saudi issues new Islamic sukuk to finance budget

Saudi Arabia said Tuesday it has completed the issuance of a new Islamic sukuk sale to help finance its budget deficit as the kingdom...

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...

Riyadh forum big boost for business

Custodian of the Two Holy Mosques King Salman will patronize the 7th Riyadh Economic Forum on Tuesday at Riyadh International Center for Exhibition and...

Britain's FTSE 100 climbs as Glencore gains

Britain's top share index rose nearly 3 percent on Monday, with a surge in Glencore after a volatile week leading mining companies higher. Glencore shares...

Sterling dips below $1.50 for first time since April

Sterling dipped below $1.50 for the first time since April on Monday after a policymaker warned about the impact of a strong pound on...

Gulf may stabilize as global background improves

Gulf stock markets may consolidate with a positive bias on Thursday after oil prices and global equities steadied on hopes that the devaluation of...

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