India's prime minister in Saudi Arabia for first visit
India's Prime Minister Narendra Modi met with Saudi King Salman on Sunday during his first official visit to the kingdom, home to a large...
Saudi Arabia will support Egypt despite oil price lowering
The drop in global oil prices will not deter Saudi Arabia from supporting Egypt's economy, its ambassador said on Thursday, adding Riyadh's support would...
Saudi posts record $98 billion deficit in 2015
OPEC kingpin Saudi Arabia posted a record $98 billion budget deficit in 2015 due to the sharp fall in oil prices, the finance ministry...
Saudi Yasref Oil Plant Running at Capacity as Margins Improve
Yasref oil refinery, a joint venture between Saudi Arabian Oil Co. and China Petroleum & Chemical Corp., is processing crude at full capacity of...
Oil price to start slow recovery in 2017, says International Energy Agency
World oil prices are unlikely to rise from current levels before 2017, and even then their recovery will be slow as massive oil stocks...
Turkey favours market-friendly reforms, executive presidency
Turkey's new government will aim to bring inflation down to single digits and maintain central bank independence, Prime Minister Ahmet Davutoglu said on Wednesday,...
A steep oil prices crash amid virus fears
On Monday, Wall Street stocks fell 8 percent amid an oil price crash and worries about the rising economic toll from the Coronavirus epidemic.
Near...
War leaves Yemenis struggling to buy fuel to cook
Long queues of men line the streets of Yemen's rebel-held capital Sanaa waiting alongside empty propane gas canisters they are desperate to replace so...
Huge personal debt raises worries in wealthy Qatar
Credit cards on the limit, huge bank borrowings and a struggle to repay loans: these are the personal debt problems of some Qataris despite...
Saudi companies turn to LinkedIn
RIYADH — More than half of Saudi job-seekers now use Internet to find suitable jobs, according to a recent survey by job website LinkedIn....
