SABIC chief expects decision on $30 bln Saudi project in Q2
Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, expects to make a decision in the second quarter of 2016 on...
Syria funds suggest ISIS link to militants arrested in Indonesia
Some of the Indonesian men arrested at the weekend after tip-offs that they were planning a string of militant attacks had received funding from...
OPEC, non-OPEC experts to talk, but unlikely to cooperate on cuts
A meeting of OPEC and non-OPEC oil market experts this week is unlikely to increase the prospect of joint co-operation on supply curbs or...
Saudi Arabia to convert state real estate fund into bank
Saudi Arabia plans to convert a state-owned housing fund into a bank, the latest in a string of reforms to the economic policy apparatus...
Eastern Libya ships first oil cargo in defiance of Tripoli
A government based in eastern Libya has shipped its first cargo of crude in defiance of authorities in the capital Tripoli, a bold move...
Saudi Arabian firm injects €49 million into Euro Disney
A firm owned by a Saudi prince said Wednesday it has injected 49.2 million euros ($52.37 million) into the struggling Euro Disney theme park...
The inside story of the biggest hack in history – CNN
Three years ago, the world witnessed the worst hack ever seen. And for the first time, we're now learning new details about the monstrous...
Warren Buffett says US economy weaker than he expected
Billionaire Warren Buffett says the U.S. economy appears weaker than he thought it would be as recently as last fall, but that doesn't change...
Qatar forecasts $12.77 billion budget deficit
Energy-rich Qatar has forecast a budget deficit of more than $12 billion in 2016, citing a sharp drop in oil and gas prices, local...
Riyadh finance district project will transfer to Public Investment Fund
Saudi Arabia is to transfer ownership of Riyadh's floundering King Abdullah Financial District to the Public Investment Fund (PIF) from the Public Pension Agency...
