IMF cuts global growth outlook again, warns of political risks
The International Monetary Fund warned on Tuesday of the risk of political isolationism, notably Britain's possible exit from the European Union, and the risk...
Oman funds Iran's Khodro sign MoU for $200 million auto venture
An Omani sovereign wealth fund has signed an understanding with Iran's biggest auto maker, Iran Khodro Industrial Group, to study a proposal for a...
A bold plan and a big challenge
It is a tall order that the deputy crown prince Mohammed bin Salman has placed so emphatically on the table: to wean his country’s...
Media crisis in Lebanon
Upon no advertising revenue, Lebanon's newspaper 'The Daily Star' suspends print edition.
The newspaper, which is co-owned by the family of former prime minister Saad...
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...
Bad Saudi PR fuels riyal devaluation talk
Speculation that Saudi Arabia could devalue its currency may owe more to a poor public relations effort by Saudi authorities than to the economic...
Oil prices surge on fresh talk of OPEC meeting on glut
Oil prices surged Wednesday on renewed speculation about a potential cut in global production that overshadowed another rise in US crude inventories.
US benchmark West...
SABIC chief expects decision on $30 bln Saudi project in Q2
Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, expects to make a decision in the second quarter of 2016 on...
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...
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...
