China's Xi opens refinery with Saudi King Salman
Chinese President Xi Jinping and Saudi King Salman on Wednesday attended a ceremony to mark the opening of a joint-venture refinery, a symbol of...
Saudi construction company Binladin terminates 50,000 jobs
Construction company Saudi Binladin Group has laid off 50,000 staff, a newspaper reported on Friday, as pressure on the industry rises amid government spending...
OECD: Go green to save the world and the world economy
The OECD urged Monday nations to step up environmental investments to ward off not only catastrophic climate change but to give the global economy...
Oil prices fall as oversupply worries return
Oil fell in Asia on Thursday, ending a brief rally stoked by news US gasoline inventories fell after OPEC kingpin Saudi Arabia shot down...
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 falls 3 percent on swelling oversupply
Oil prices fell 3 percent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market, wiping out much of the...
Italy’s economic crisis over Coronavirus
In Italy, the Coronavirus outbreak that has killed 463 people and forced the government to restrict movement for its 60 million citizens.
The government imposed...
Egypt's annual urban consumer price inflation eases to 9.1 pct in February
Egypt's annual urban consumer and core inflation eased for a second consecutive month in February but rose month on month as food prices continue...
Fears for world economy wreak carnage on stocks and oil
World stock markets tumbled and oil plumbed new lows Thursday as investors feared for the global economy on signs of a dramatic slowdown in...
OPEC and non-OPEC producers to meet in Doha on April 17
OPEC and non-OPEC producers will hold a meeting in the Qatari capital on April 17, the Qatari energy minister, who is also the current...
