OECD calls for reforms to wake up growth
With little hope for the world economy picking up pace soon, governments must tackle reforms at home to kickstart growth, the OECD said on...
Asian shares rise as G20 meeting begins
Asian stocks rallied on Friday after China's central bank chief said Beijing still has enough monetary firepower to keep the world's second-largest economy on...
Barca extend partnership with UNICEF to 2020
European champions Barcelona renewed a collaboration agreement with children's charity UNICEF on Thursday till 2020, which will see the Catalan giants donate two million...
Oil prices fall as oversupply worries return
Oil fell in Asia on Thursday, ending a brief rally stoked by news US gasoline inventories fell after OPEC kingpin Saudi Arabia shot down...
Saudi inflation rises to five-year high on subsidy cut
Saudi inflation soared to a five-year high in January after the kingdom made unprecedented cuts to public subsidies and raised fuel prices, a research...
Dubai airport expands again with opening of new concourse
The world's busiest airport for international travel is growing again.
Dubai International Airport opened a new concourse Wednesday with the arrival of a British Airways...
Sikorsky to explore helicopter production in Saudi Arabia
Saudi Arabia's Taqnia Aeronautics and Sikorsky, owned by U.S. company Lockheed Martin, have agreed to look at producing Black Hawk helicopters in the kingdom,...
Nigeria's President Buhari in Saudi for oil talks
The leader of Africa's number one oil producer was in Saudi Arabia Tuesday, with analysts forecasting his country's eventual support for an output freeze...
Saudi's first privately run air terminal contract awarded to Irish firm
A subsidiary of state-owned Irish airport operator DAA has won the bid to operate Saudi Arabia's first privately run terminal, official media in the kingdom...
IMF urges Gulf states to bring in taxes
The International Monetary Fund chief urged on Monday oil-exporting Gulf countries to introduce taxes, warning that low crude prices are likely to stay for...
