Qatar energy minister wants 'fair' oil price
The oil market is slowly recovering from its steep drop over the past two years but crude is still not trading at a "fair...
Dubai announces $270 million canal project
Officials in Dubai have announced a new, $270-million project to build homes and shops along part of the under-construction Dubai canal.
The project called Marasi...
Could UAE solar push lead a trend for the Gulf?
As the Gulf states take steps to expand their use of clean energy, a bold plan by the United Arab Emirates to boost its...
GE announces deals worth over $1.4 billion with Saudi Arabia
General Electric Co. said Monday it made a series of deals with Saudi Arabia worth over $1.4 billion as part of the kingdom's ambitious...
Abu Dhabi lays off staff as Gulf austerity tightens
Thousands of layoffs at state-linked companies in Abu Dhabi are a fresh sign the Gulf's wealthy oil states are hunkering down for a long...
Saudi Arabia aims to salvage financial district
The plan to build a financial district from scratch was viewed by Saudi Arabia's neighbours as among the glossiest excesses of the kingdom's oil...
Domestic focus may limit clout of $2 trillion Saudi fund
Saudi Arabia aims to create the world's biggest sovereign wealth fund, a $2 trillion behemoth that can throw its weight around global markets, but...
OPEC says oil glut 'may ease' by 2017 as non-cartel supply drops
OPEC said Friday a global crude glut that has squeezed the market and sent prices plunging over the past year "may be easing" as...
Oil prices subdued in Asia after touching 2016 highs
Oil prices dipped in Asia on Thursday as investors locked in profits after the previous day's surge to six-month highs that was fuelled by...
Oil prices dip after latest surge
Oil prices dipped in Asia Wednesday after the previous day's rally as Canadian oil companies prepare to restart production after being closed by huge...
