Nigeria's Barkindo emerges as frontrunner for OPEC boss
A Nigerian oil technocrat has emerged as frontrunner to take the top job at OPEC, with members seeing Mohammed Barkindo as what would be...
Islamic halal economy set to grow
The halal economy is set to grow as the world's Muslim population expands and more products are certified to comply with Islamic sharia law,...
ISIS fighters hit with 50% paycut due to airstrikes
The Islamic State (ISIS) militant group has been forced to cut its fighters' pay by up to 50 percent because U.S.-led air strikes have...
Investment’s measures amid coronavirus concerns, Abu Dhabi crown prince
On Monday, Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed al-Nahyan said that United Arab Emirates authorities will support the economy by easing investment...
Expectations of Saudi oil shake-up stir uncertainty
A shake-up of Saudi Arabia's oil leadership by King Salman has introduced a new element of unpredictability to its energy policymaking at a moment...
Saudi King Salman replaces minister for water and electricity
Saudi Arabia's King Salman replaced the minister for water and electricity Abdullah al-Husayen on Saturday with Agriculture Minister Abdulrahman al-Fadhli, who will do the...
UAE cabinet restructures Emirates Development Bank board
DUBAI, Sept 5 (Reuters) - The cabinet of the United Arab Emirates issued a decision on Saturday to restructure Emirates Development Bank's (EDB) board...
A peek into the Saudi economic reform plan
Here are the main points of the "Saudi Vision 2030" economic reform plan announced by Deputy Crown Prince Mohammed bin Salman and approved by...
Bahrain raises debt ceiling to 15 bln dinars to finance public spending
DUBAI (Reuters) - Bahrain's government has raised its debt ceiling to 15 billion dinars ($39.79 billion) from 13 billion dinars to help finance public...
Shift in Saudi oil thinking deepens OPEC split
As OPEC officials gathered this week to formulate a long-term strategy, few in the room expected the discussions would end without a clash. But...
