Fearing ISIS spillover, France to push Tunisia aid
France's foreign minister travels to Tunisia on Thursday aiming to firm up security and economic ties as Tunis struggles with rising Islamist militancy fuelled...
Saudi fiscal reserves slide to 4-year low on weak oil
Saudi Arabia's fiscal reserves dropped to a four-year low last year as the government sought to finance a budget deficit caused by plunging oil...
Saudi to stick with its long-term oil strategy
Saudi Arabia's planned cuts in spending and energy subsidies signal that the world's largest crude exporter is bracing for a prolonged period of low...
Oil bounces after producers fail to agree on freezing output
Crude oil prices tumbled but then regained some lost ground on Monday after oil-rich countries failed to reach an agreement Sunday on freezing production.
U.S....
Iraq, U.S. Exim Bank to sign $3 billion agreement
The U.S. Exim Bank plans to extend Iraq a $3 billion credit line to help rebuild the country after the war with Islamic State,...
Oil prices move up from 12 year lows as China shares rise
Oil prices rose modestly on Friday, still within reach of 11 and a half-year lows, boosted by a recovery in Chinese shares, but persistent...
Brent oil hits 4-month high on reports of output freeze deal
Global oil prices hit four-month highs on Tuesday, hovering just under $45 a barrel after a report that top producers Russia and Saudi Arabia...
Iran says oil exports still constrained after sanctions lifted
Iran still faces constraints on oil exports as buyers are cautious about boosting trade immediately because of banking and ship insurance difficulties, a senior...
India's prime minister in Saudi Arabia for first visit
India's Prime Minister Narendra Modi met with Saudi King Salman on Sunday during his first official visit to the kingdom, home to a large...
Jeddah water project phase-II to be over by mid-2016
JEDDAH: Jeddah’s water shortage woes will be considerably over by the middle of next year, as the second phase of the project with a...
