Saudi economic reform plan aims for revenue surge
Saudi Arabia plans to more than triple the government's non-oil revenues and clamp down on public-sector salaries over the next five years, ministers said...
Oil price slump to start affecting Saudi banks
The impact of lower oil prices will soon start to weigh on Saudi Arabia’s banks, which are likely to see bad loans edge higher...
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...
OPEC unlikely to cut oil production amid cheap prices
OPEC looked unlikely to take steps to cut oil production to lift languishing prices at a meeting on Friday, potentially worsening one of the...
Oil prices hold above $43 in Asia
Oil prices held above $43 a barrel in Asia Thursday after US commercial crude supplies rose at a slower pace, while jitters lingered over...
Are Israel’s war crimes no longer good for business?
Israeli arms companies promote their products as “combat proven.” That choice of words suggests Israel’s ability to test weapons on Palestinians has become a...
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...
Israel soon to open Abu Dhabi office for renewable energy
Israel's Foreign Ministry says the country will soon open an office at a renewable energy agency in Abu Dhabi, the United Arab Emirates' capital...
World Bank: Slowing emerging markets hamper oil recovery
The World Bank warned Tuesday that slowing emerging-market economies were hampering an oil recovery, and prices could sink further in a blow to a...
OECD: Go green to save the world and the world economy
The OECD urged Monday nations to step up environmental investments to ward off not only catastrophic climate change but to give the global economy...
