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,...
Nigeria to split up state-run oil firm
Nigeria is to break up its state-run oil and gas firm into 30 separate companies, the country's junior oil minister announced, as part of...
Saudi allows Binladin Group tenders days after layoffs
Saudi authorities have allowed construction giant Binladin Group to tender for public building projects in the kingdom again, local media reported, just days after...
Egypt hikes natural gas prices by up to 75 percent
Egypt raised natural gas prices for households and businesses on Saturday by between 33.3 and 75 percent, the latest among tough austerity measures aimed...
Saudi crown prince discusses economy on Egypt trip
Saudi Crown Prince Mohammed bin Salman continued a visit to Egypt on Monday focused on economic cooperation, with Riyadh agreeing a $10 billion investment...
Wall St drifts higher as tech, energy gain
Wall Street was higher after swinging between gains and losses on Thursday as a fall in healthcare stocks capped gains in technology and energy...
UAE discovers natural gas reserves between Abu Dhabi, Dubai
The United Arab Emirates, a leading OPEC producer, announced Monday the discovery of huge gas reserves between Abu Dhabi and Dubai.
The shallow natural gas...
EXIM backers vow to defeat U.S. House amendments to gut trade bank
Export-Import Bank said on Tuesday they can defeat a barrage of proposed amendments aimed at gutting the trade lender's ability to aid large companies...
Oman cuts 2016 spending as oil prices fall
Oman will cut spending this year by 15.6 percent in the face of lower oil prices but still face a huge deficit after posting...
Oil rebounds as producers agree to meet
Oil prices rebounded Wednesday, as Qatar said producers from within and outside OPEC would meet next month to discuss a freezing of output.
Prices had...
