Saudi Telecom profit slump may weigh on kingdom's market
Oct 21 Saudi Arabia's stock market may face further selling pressure on Wednesday as a gloomy oil report and a sustained profit slump at...
Dollar hits 8-month high on rate expectations, metals drop
The dollar rose to an eight-month high on Monday amid heightened expectations that the U.S. Federal Reserve would raise interest rates next month, driving...
Saudi Prince Alwaleed bin Talal raises stakes in Twitter
Saudi tycoon Prince Alwaleed bin Talal bin Abdulaziz al Saud and his Kingdom Holding Company announced Wednesday they have increased their stake in Twitter...
Saudi forex reserves stabilize at $659.5b
Saudi Arabia has managed to keep the level of its foreign exchange reserves stable at $659.5 billion at the end of October, according to...
Global Muslim body urges ban on products from Israeli settlements
A global Muslim body called Monday for a ban on products from Israeli settlements in the occupied territories and pledged full support for the...
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...
Saudi foreign reserves drop further amid low oil price
Saudi foreign reserves dropped further in October as the price of oil remained low, but they fell at slower rate than previous months, according...
Oil prices slide as Britain votes to leave EU
World oil prices plunged Friday, mirroring sentiment on stock markets, as the dollar strengthened in reaction to Britain voting to bolt from the European...
Iran files complaint with ICJ to recover $2 billion frozen in US
Iran has filed a formal complaint with the International Court of Justice to recover nearly $2 billion in assets frozen in the United States,...
Iran offers no action in support of global oil pact
Iran on Wednesday stopped short of offering to restrain oil output as part of a global pact to freeze production to prop up prices,...
