Oil prices fall before US energy report
Oil prices fell Wednesday as traders awaited the release of US crude inventory data, which are expected to show a further rise in stockpiles.
At...
Saudi Arabia's stock market pulls back as Egypt stalls
Saudi Arabia's stock market pulled back in early trade on Wednesday as buying in blue chips petered out, while Egypt's market stalled.
The Saudi index...
Oil plunge fuels run on energy firms as Asia stocks tumble
Energy firms led another stock market sell-off Monday, but analysts said a fall in oil prices to seven-year lows was driven more by fears...
OPEC set for policy rollover, no sign of Saudi cut plan
OPEC (The Organization of the Petroleum Exporting Countries) will likely decide to roll over oil production at its meeting on Friday, sources said, with...
Foreign governments press Saudi Arabia on workers' delayed wages
Foreign governments are pressing authorities and executives in Saudi Arabia to ensure that local construction firms make delayed salary payments to thousands of workers,...
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...
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...
Russia sees oil price of $45-$50 per barrel 'acceptable' as it prepares for freeze...
Russia believes an oil price at $45-$50 per barrel is acceptable for the global oil market to balance, as it prepares to meet leading...
Saudi plans spending cuts, reforms to shrink budget deficit
Saudi Arabia, its finances hit by low oil prices, announced plans to shrink a record state budget deficit with spending cuts, reforms to energy...
President Mugabe donates 300 cows to African Union
Zimbabwean President Robert Mugabe has donated 300 cattle to the African Union to help it become less dependent on outside donors, a legislator said...
