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...
Saudi unit of auditor Deloitte penalized by market regulator
Saudi Arabia's Capital Market Authority has suspended the local unit of New York-based auditing giant Deloitte from offering its auditing services to the kingdom's...
Egypt’s core inflation falls to 11.88 pct yr/yr in Feb
Egypt's core inflation fell to 11.88 percent year-on-year in February from 14.35 percent in January, the central bank said on Thursday.
Inflation jumped after Egypt...
Saudi Arabia sees robust oil fundamentals as rival output falls
Long-term oil market fundamentals remain robust but prolonged low prices could threaten security of supply and pave the way for a price spike, Saudi...
Riyadh's $22.5 billion Metro project "on track", says governor
A $22.5 billion urban rail and bus system for the congested Saudi Arabian capital is on track, Riyadh's governor said Wednesday, as other projects...
Low oil price chance for Gulf economic reforms
The sharp drop in the price of oil, the lifeblood of Gulf economies, is an opportunity to end subsidies and introduce reforms in the...
Sale of Dogan set to tighten Erdogan’s grip over Turkish media
Turkey's Dogan Holding has started talks to sell its $890 million media arm to an unlisted firm seen as close to Tayyip Erdogan, a...
Oil slides, strong dollar pulls Asian shares lower
Asian shares dropped on Thursday, with energy stocks taking a hammering from a slide in oil prices while a stronger dollar piled pressure on...
Oil plunges more than 6% as Brexit looms
World oil prices plunged more than 6.0 percent in Asia Friday after early results of a historic vote showed Britain increasingly moving towards bolting...
