Qatar energy minister wants 'fair' oil price
The oil market is slowly recovering from its steep drop over the past two years but crude is still not trading at a "fair...
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 bounces after producers fail to agree on freezing output
Crude oil prices tumbled but then regained some lost ground on Monday after oil-rich countries failed to reach an agreement Sunday on freezing production.
U.S....
Samsung flags 15% rise in Q4 operating profit
Samsung Electronics on Friday flagged a 15 percent increase in 2015 Q4 operating profit, rounding off a year in which the world's largest smartphone...
Saudi Aramco listing lures banks with prospects of deals
Investment banks are jostling to take part in the listing of a chunk of Saudi Arabia's state-owned oil giant Aramco as a portal to...
Indonesia’s labour recall decision ‘final’
The decision by the Indonesian government to recall its workers from the Middle East is final and will not be reversed.
Around 1.3 million Indonesians...
Oil prices move up from 12 year lows as China shares rise
Oil prices rose modestly on Friday, still within reach of 11 and a half-year lows, boosted by a recovery in Chinese shares, but persistent...
Iran says oil exports still constrained after sanctions lifted
Iran still faces constraints on oil exports as buyers are cautious about boosting trade immediately because of banking and ship insurance difficulties, a senior...
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...
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,...
