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...
GULF-OIL/PRICES
Saudi Arabia's Oil Minister Ali al-Naimi attends a meeting of Gulf states' oil ministers in Doha, September 10, 2015. Gulf energy producers will continue...
Saudi floats idea to lift oil prices, Iran and Russia reject cuts
Saudi Arabia appears to have floated the idea of a global deal to balance oil markets and lift prices from around the lowest levels...
Mobile phone companies’ decline in services angers customers
Telephone companies are one of the biggest projects in Saudi Arabia, where Saudi citizens and residents were globally rated as top Internet and phone...
Jewels still sparkle as Saudi potentially faces austerity
Saudi Arabia may be facing its biggest economic challenge in years but there's little talk of falling oil revenues or austerity at Riyadh's glittering...
Kuwait freedoms make austerity drive tricky for government
A three-day strike by oil workers in Kuwait last month over pay reforms shows the government faces considerable opposition as it prepares to push...
CEO hopes to settle Saudi firm's $6 billion debt
The acting CEO of a Saudi firm that has owed $6 billion in debts since a 2009 crisis says he's hopeful a tentative agreement...
Oil exports suspended from Libya oil terminal
Libya's National Oil Corp announced Thursday it had imposed a state of "force majeure" on one of the country's main oil terminals after exports...
JP Morgan sees new Scottish currency, initially backed by BoE
JP Morgan said on Thursday a Scottish currency in a newly independent Scotland could initially be stabilised near parity with sterling by the Bank...
Saudi Arabian firm injects €49 million into Euro Disney
A firm owned by a Saudi prince said Wednesday it has injected 49.2 million euros ($52.37 million) into the struggling Euro Disney theme park...
