Algerians are watching the collapse of oil prices with alarm
The economic impact of the Coronavirus pandemic, which has sent global demand for crude into tailspin, threatens to fling Algeria into a new crisis...
Oil prices up in Asia, oversupply hobbles gains
Oil prices rebounded in Asia Wednesday but buying sentiment remains sluggish owing to supply glut woes and a strong dollar.
Traders are waiting for the...
Saudi central bank to appoint KPMG partner as deputy governor for supervision – sources
The Saudi Arabian Monetary Agency (SAMA) is set to appoint KPMG Saudi Arabia's managing partner Tareq al-Sadhan as its new deputy governor for supervision,...
Samsung Galaxy S7 may be launched this January
Samsung is reportedly moving up the launch of its next flagship smartphone, the Galaxy S7, to January in order to ramp up competition with Apple...
Russia to supply 40 Mi-28 attack helicopters to Algeria
Russia will deliver 40 Mi-28NE attack helicopters to Algeria in line with a bilateral contract, Interfax news agency said on Friday, quoting a source...
South Africa's Zuma in Saudi to expand economic ties
South African President Jacob Zuma called for strengthening his country's economic ties with Saudi Arabia, during a visit to the kingdom on Sunday.
"While our...
Workers rights get Qatar nod as ILO poised decide on abuse probe
DOHA, Oct 25 (Reuters) - Qatar has signed 36 worker protection agreements with countries that provide much of its labour force, state media reported...
Qatar 'optimistic' ahead of crunch Doha oil talks
Qatar said Thursday there was an "atmosphere of optimism" that an agreement would be reached at this weekend's crunch meeting of the world's major...
Kuwait to restore full oil output in '3 days' after strike ends
Kuwait's state oil firm said Wednesday that it expects to restore full production within three days after staff ended a strike in a surprise...
UAE discovers natural gas reserves between Abu Dhabi, Dubai
The United Arab Emirates, a leading OPEC producer, announced Monday the discovery of huge gas reserves between Abu Dhabi and Dubai.
The shallow natural gas...
