Oil prices down in Asia ahead of OPEC policy meeting
Oil prices fell in Asia Wednesday as the Organization of the Petroleum Exporting Countries (OPEC) prepared to meet in Vienna, amid expectations it will...
Algerian billionaire Rebrab buys media group
Algerian billionaire Issad Rebrab, the country's wealthiest entrepreneur, has bought the El Khabar media group for around 40 million euros ($45 million), the group...
Oil prices hold steady
Oil steadied Thursday as traders digested rising crude inventories and falling output in the United States, alongside hopes that talks among major producers could...
Saudi Mining and Minerals 2015 kicks off today
Saudi Arabia Mining & Minerals Exhibition & Symposium 2015 kicks off today (Tuesday) with Minister of Petroleum & Mineral Resources Ali Al-Naimi delivering a...
Qatar's RasGas reaches gas supply deal with France's EDF
Qatari liquefied natural gas producer RasGas has reached a deal to supply France's EDF with up to 2 million tons of the fuel annually.
Government-backed...
Qatar gasoline prices hike by 30 percent at midnight
Qatar will raise its subsidized gasoline prices by at least 30 percent at midnight Friday, the state fuel company said, the latest Gulf country...
Businesses devastated by the Virus outbreak
The Department of Labor in the U.S. reported more than 6.6 million Americans applied for unemployment benefits last week, far exceeding a record high...
Could UAE solar push lead a trend for the Gulf?
As the Gulf states take steps to expand their use of clean energy, a bold plan by the United Arab Emirates to boost its...
Iran urges oil producers to keep discussing freeze, says it can't sign up
Iran urged other oil producers on Monday to continue talks on an output freeze to prop up crude prices, but insisted it was justified...
Egypt’s core inflation falls to 11.88 pct yr/yr in Feb
Egypt's core inflation fell to 11.88 percent year-on-year in February from 14.35 percent in January, the central bank said on Thursday.
Inflation jumped after Egypt...
