MIDEAST STOCKS-Oil weakness may dampen Gulf, land tax plan hit Saudi
Oct 20 Middle East stock markets may be soft on Tuesday because of weak oil prices and global equity markets, while progress towards imposing...
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,...
OPEC, non-OPEC experts to talk, but unlikely to cooperate on cuts
A meeting of OPEC and non-OPEC oil market experts this week is unlikely to increase the prospect of joint co-operation on supply curbs or...
Oil prices hold steady in Asia
The rally in oil prices extended into Asian trade Friday, a day after the main US contract broke $40 for the first time this...
Saudi stock market surges, petchems climb on oil rebound
Saudi Arabia's stock market rose sharply in heavy turnover during early trade on Thursday as petrochemical shares in particular surged in response to a...
Egypt hikes natural gas prices by up to 75 percent
Egypt raised natural gas prices for households and businesses on Saturday by between 33.3 and 75 percent, the latest among tough austerity measures aimed...
MIDEAST STOCKS-Oil weighs on Saudi; Egypt firm
Saudi Arabia's stock market fell early on Tuesday as oil struggled to recover from Monday's sharp losses, while Egypt remained positive.
The main Saudi stock...
Warren Buffett says US economy weaker than he expected
Billionaire Warren Buffett says the U.S. economy appears weaker than he thought it would be as recently as last fall, but that doesn't change...
Gulf Arabs race to release youth potential in age of cheap oil
Like the prototype drone of Emirati student Talib Alhinai, the ambitions of young people across the Gulf Arab states need to soar if they...
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...
