World Bank to provide Egypt with first $1 billion of $3 billion loan
The World Bank will provide the first $1 billion tranche of a $3 billion loan to Egypt after parliament approves the government's economic programme,...
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...
Abu Dhabi sees strong demand for $5 billion bond offer
Abu Dhabi said Tuesday that it had seen strong investor interest in a $5 billion issuance of sovereign bonds, the first by the oil-rich...
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...
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...
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...
Saudi Arabia could sell off billions in American assets if bill passes
The Saudi Arabian government has threatened to sell of hundreds of billions of dollars' worth of American assets should the U.S. Congress pass a...
Saudi offers $1.5 billion to fund Egypt's Sinai projects
Egypt said on Sunday that Saudi Arabia has offered $1.5 billion to help finance economic projects in the Sinai Peninsula, as Riyadh continues to...
New Saudi oil minister believes in low prices and reform
It was January 2016 and oil prices had crashed to their lowest in more than a decade.
Saudi Arabia's health minister, Khalid al-Falih, a favourite...
Gulf OPEC members seek to revive global oil output deal
Gulf OPEC members including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major producers when the group meets on...
