Saudi crown prince discusses economy on Egypt trip
Saudi Crown Prince Mohammed bin Salman continued a visit to Egypt on Monday focused on economic cooperation, with Riyadh agreeing a $10 billion investment...
Egypt to offer incentives for low-cost airlines
Egypt plans to announce incentives for low-cost airlines such as easyJet and Germany's Air Berlin and Condor to help combat a slide in tourist...
Oil trades above $44 on output freeze hopes
Oil traded above $44 a barrel in Asia Monday, extending gains on hopes crude producers would agree to freeze output at a meeting next...
Jeddah water project phase-II to be over by mid-2016
JEDDAH: Jeddah’s water shortage woes will be considerably over by the middle of next year, as the second phase of the project with a...
Al Qaeda still reaping oil profits in Yemen despite battlefield reverses
Al Qaeda may have been pushed out of the enclave it carved out in Yemen as the country descended into civil war, but the...
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...
Societe Generale appoints Toussaint as Saudi head
Societe Generale has appointed Antoine Toussaint as its chief country officer and chief executive in Saudi Arabia, the bank said in a statement on...
Nigerians sue Shell in UK court for oil spills contamination
Tens of thousands of Nigerian fishermen and farmers are suing multinational oil giant Shell in two new lawsuits filed Wednesday in a British High...
Salam app reports over half a million downloads
DUBAI — Salam – Haj & Umrah Guide has surpassed half a million unique installs from 155 countries around the world. During the last...
Oil above $41 as OPEC predicts 'moderate' rebound
Oil prices resumed their rise in Asia on Tuesday, staying above $41 a barrel, as OPEC raised hopes of a moderate rebound and announced...
