S. Africa looks to buy Iraqi crude to boost supply security
South Africa's Strategic Fuel Fund (SFF) is seeking to import 24 million barrels of oil a year from Iraq to boost its reserves in...
Saudi Prince Mohammed unveils "Vision 2030" economic reforms
Saudi Arabia's Deputy Crown Prince Mohammed bin Salman announced a sweeping reform plan on Monday that he said would transform the kingdom into a...
Oil-rich Congo's Sassou to boost budget in election year
Congo Republic plans to increase its budget by more than a third this year despite low oil prices, according to a draft report seen...
John Lewis to enter Middle East with Dubai store
John Lewis, Britain's largest department store group, is to enter the Middle East market, opening an outlet in Dubai next year as it steps...
Gulf investors hold back from UK property deals on Brexit fears
Gulf Arab investors, some of the biggest buyers of British real estate, are holding back from new deals because they fear a property price...
Lebanon to discontinue paying outstanding Eurobonds
Lebanon, hit by a grinding dollar liquidity crunch amid its worst economic recession in decades, had set the stage for a default on its...
Oil prices extend losses ahead of U.S. report
Oil prices fell in Asia on Tuesday as persistent concerns about a global oversupply and caution ahead of a US stockpiles report chipped away...
More women executives mean more profits, according to study of 91 countries
Companies with 30 percent female executives rake in as much as six percentage points more in profits, according to a study on Monday, feeding...
Saudi reform plan pleases markets
A sweeping economic reform plan announced by Saudi Arabia on Monday pleased the financial markets but fell short of convincing sceptics that the kingdom...
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...
