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 job creation dries up as oil price slumps
Saudi Arabia's plans for economic reform foresee winding down 'jobs for life' in an inefficient state bureaucracy and replacing them with new careers in...
Oil slip on Saudi comments
World oil prices dipped Monday as Saudi Arabia cast doubt on whether a key producers meeting would reach an agreement to freeze output to...
WageSpot phone app pulls back curtain on employee pay
A WageSpot smartphone application released in the United States on Tuesday dove into a historically taboo topic -- how much people get paid.
The app...
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,...
Global watchdog flags slow "too big to fail" bank rule adoption
Many countries have not yet introduced laws allowing regulators to write down bank's debts to avoid taxpayer bailouts and prevent them being "too big...
New measures implmented to target ‘unethical’ online news portals
Electronic newspapers in Saudi Arabia are facing difficult times with the Ministry of Culture and Information announcing plans to implement a comprehensive corrective campaign...
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...
Saudi inventors win seven medals at iENA-2015 expo
Saudi inventors made a mark in an international exhibition, winning seven medals including two gold, three silver and two bronze for their brilliant innovations.
Their...
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...
