OPEC meeting on output freeze unlikely without Iran progress
A meeting between oil producers to discuss a global pact on freezing production is unlikely to take place in Russia on March 20, sources...
Tunisia and IMF hold talks on credit, economic reforms
The IMF began talks with Tunisia on Thursday over a new credit programme, tied to measures to strengthen its economy and finances and likely...
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...
Oil ouput freeze already in place, says UAE
Emirati Oil Minister Suhail Mazrouei said Monday that current market prices are forcing most producers to freeze oil output levels, insisting it made "no...
Jubeir: Saudi will not cut oil production
Saudi Arabia is "not prepared" to cut oil production, its foreign minister said on Thursday, after the top exporter agreed with Russia to freeze...
Saudi Arabia plans new sovereign wealth fund
Saudi Arabia plans to create a new sovereign fund to manage part of its oil wealth and diversify its investments, and has asked investment...
Lockheed Martin separating unit, combining it with Leidos
Lockheed Martin is separating its information systems and global solutions unit, combining it with the engineering company Leidos so that it can focus on...
A 500 mln dinar increase in Kuwait ministries budget
Following the Coronaviurs outbreak, state news agency (KUNA) reported that Kuwait's cabinet approved a bill on Monday to increase the budget of ministries and...
European shares slip lower, led by Germany
European shares fell on Tuesday following strong gains in the previous session, with Germany underperforming after reporting industrial orders unexpectedly fell in August.
Data showed...
Oil market is increasingly improving, Saudi oil minister says
BAGHDAD (Reuters) - The global oil market is improving and stabilizing, Saudi Oil Minister Khalid al-Falih said in Baghdad on Saturday.
In a speech at...
