Businesses Flock to Saudi Arabia’s Future Investment Initiative
RIYADH, Saudi Arabia (AP) — Saudi Arabia has opened a major investment conference aimed at shining a spotlight on the country's efforts to diversify...
MIDEAST STOCKS-Saudi rises on FTSE review; Egypt up after govt reshuffle
Saudi Arabia's stock market rose in early trade on Sunday after index compiler FTSE added the country to its watchlist for potential upgrade and...
Online iqama services drive local agents out of business
JEDDAH: The new online service of Passport Department, including renewal of residence permits and other procedures related to expatriate workers, closed the door of...
Saudi Arabia orders 5% cut in contract spending
Saudi Arabia's government, its finances strained by low oil prices, is opening a fresh austerity drive by ordering ministries to cut their spending on...
Hundreds of businesses shutting down in Lebanon
More than 220,000 jobs in the private sector have been shed since mid-October when protests fueled by worsening economic conditions erupted against the political...
Crop fires, a weapon of war, ruin Iraqi, Syrian harvests
IRBIL, Iraq (AP) — It was looking to be a good year for farmers across parts of Syria and Iraq. The wettest in generations,...
Dubai's Emirates sees 9% passenger growth in 2015
Dubai's Emirates airlines carried 51.3 million passengers in 2015, up nine percent from last year, the company said Wednesday.
CEO Tim Clark said the year...
WageSpot phone app pulls back curtain on employee pay
A WageSpot smartphone application released in the United States on Tuesday dove into a historically taboo topic -- how much people get paid.
The app...
Saudi Arabia says outcome of OPEC meeting unclear
The outcome of this week's OPEC meeting remains to be decided, Saudi Arabia's oil minister said Tuesday amid widespread expectations that the cartel will...
Emirates airline's H1 profit surges 65% to $849 mn
Dubai's Emirates airline said Thursday its net profit surged 65 percent in the first half of the financial year to $849 million (781 million...
