Qatar energy minister wants 'fair' oil price
The oil market is slowly recovering from its steep drop over the past two years but crude is still not trading at a "fair...
Oil price slide drives Canadian dollar to 11-1/2-year low
European stocks are expected to rise in 2016, helped by stimulus measures from the European Central Bank, altOil-rich Canada's dollar hit an 11-1/2-year trough...
OPEC watching Iran and Russia, unlikely to cut output in June
OPEC is very unlikely to cut output at its next meeting in June, even if prices remain extremely low, according to OPEC sources and...
Global stocks fail to find solid footing after meltdown
Stocks worldwide resumed their downward slide Tuesday a day after a massive sell-off as investors failed to shake off dogged fears over economic weakness,...
South Korea builder confident of $20 billion Saudi housing deal
A South Korean constructor that jointly won a $20 billion housing deal with Saudi Arabia said Monday it was confident the project would go...
EU’s Borrell says Turkish gas drills off Cyprus ‘must stop’
Nicosia, Cyprus (AFP) - European Union foreign policy chief Josep Borrell said Thursday that "illegal" Turkish drilling for gas off the divided island of...
Saudi supercomputer on top 10 most powerful list
JEDDAH: A Kingdom-based supercomputer has entered the top 10 list of the most powerful computers on the planet.
The Shaheen II is based at King...
Kuwait sees oil price rise on lower output, high growth
Oil prices are likely to rise early next year amid signs of a decline in production of high-cost crude and improved economic growth, Kuwait's...
Qatar acquires stake in Chevron oil project off Morocco
The Qatari state oil company, Qatar Petroleum, says it has reached a deal with Chevron to acquire 30 percent of its stake in offshore...
Twitter-KSA anti-terror partnership grows
LONDON: Saudi Arabia requested Twitter to disclose the identity of 93 users, suspected of having terror links.
According to the transparency report issued by the...
