Saudi public fund to double assets by 2020
Riyadh, Oct 25, 2017 (AFP) - Saudi Arabia, smarting from a three-year oil slump, said Wednesday that it aims to nearly double the assets...
Coronavirus outbreak could slow the global economy
Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened.
Shares also retreated in India and Southeast...
Iran pushes OPEC oil output to new high as sanctions are lifted
Iran provides biggest increase after sanctions lifted * Saudi Arabia, Iraq also pump more in January * Indonesia's return boosts absolute level of OPEC...
Oil rebounds above $40, with eyes on Doha
The oil market rebounded sharply this week, with Brent back above $40 per barrel, as hopes grew of an output freeze at the looming...
Russian oil chief Sechin: OPEC unity effectively extinct
OPEC is effectively extinct as a united organisation and the time when it could determine global oil market conditions should be forgotten, Igor Sechin,...
Saudi oil minister visits Sudan to cement improving ties
Saudi Oil Minister Ali al-Naimi visited Sudan on Wednesday promising increased investment in a major fillip for the impoverished African nation after its tilt...
Ambitious Saudi economic reforms up against 'vested interests'
Saudi authorities will have to confront a range of vested interests if they hope to pull off an ambitious plan to diversify the economy...
Oil oversupply causes slump, close to seven-year low
World oil prices dived Friday close to a seven-year low, propelled downward by global oversupply and the strong dollar after this week's US interest...
Saudi bank ANB set to sell 2 billion SAR capital-boosting sukuk
Arab National Bank (ANB) is close to completing a 2 billion riyal ($533.3 million) capital-boosting sukuk issue, sources familiar with the matter told Reuters...
IMF urges ECB to use all tools to support Eurozone
The International Monetary Fund welcomed moves announced by the European Central Bank on Thursday to support the Eurozone, and urged it to use its...
