Asia oil prices dip on oversupply concerns
Oil prices fell in Asia on Thursday as supply outlook improved with both commodities hovering close to the key $50 mark, worrying traders about...
Kuwait 's telecom 'Zain' profit's rose in Q4 then took a dive in 2015
Kuwaiti telecoms giant Zain said Wednesday its net profit rose slightly in the fourth quarter but fell sharply in 2015 due to unrest in...
IEA: Oil price unlikely to rise much further
The price of oil is unlikely to rise much further after rallying almost 90 percent since January, as the global market shows signs of...
Saudi-US companies sign several cooperation pacts
A number of economic agreements and partnerships were signed between Saudi companies and establishments and their American counterparts during the Saudi-American Investment Forum organized...
Asian stocks rebound after Paris attacks
Asian stock markets bounced back on Tuesday as investors looked past last week's attacks in Paris. Tokyo stocks rose on expectations for further stimulus...
Saudi considering lifting export curbs on cement, steel
Saudi Arabia is considering lifting partial export bans on cement and steel to relieve oversupply in the local market, economic news website al-Eqtisadiah quoted...
Purchasing power in Syria drops 80 percent since war: report
Residents of war-torn Syria have seen their purchasing power drop by an estimated 80 percent since the beginning of the country's conflict in 2011,...
Brexit uncertainty prompts IMF to cut global growth forecasts again
The International Monetary Fund (IMF) cut its global growth forecasts for the next two years on Tuesday, citing uncertainty over Britain's looming exit from...
Manchester United seeks to build brand in Asia with Gulf Oil
Manchester United said on Monday it had cut a three-year partnership deal with Gulf Oil International, showing the club's appeal as a global brand...
Tackling the economic crisis in Lebanon, PM meets finance delegation
On a step to assist the debt-ridden country and rescue its moribund economy, a delegation from the World Bank's private lending arm is due...
