No sign of Saudi rescuing oil market
Low oil prices have pushed top exporter Saudi Arabia to hasten difficult economic reforms and cut spending on popular benefits, but it has few...
Saudi Arabia aims to salvage financial district
The plan to build a financial district from scratch was viewed by Saudi Arabia's neighbours as among the glossiest excesses of the kingdom's oil...
Lebanese parliament to tackle pressing financial issues at first session in a year
Lebanon's parliament convened on Thursday for its first legislative session in more than a year to pass financial laws the paralysed state urgently needs...
Qatar gasoline prices hike by 30 percent at midnight
Qatar will raise its subsidized gasoline prices by at least 30 percent at midnight Friday, the state fuel company said, the latest Gulf country...
Iraq looks to reopen oil pipeline through Saudi Arabia
Iraq is seeking to reopen its crude oil export pipeline through Saudi Arabia, shut in 1990, state newspaper Assababah reported citing an unidentified Iraqi...
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...
Iraq's Qayyara oil fields won't return to production before Mosul retaken
Iraq doesn't expect to resume production from the northern Qayyara oil region before the capture of nearby Mosul from Islamic State (ISIS), an oil...
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...
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...
Social media frenzy ‘hurting Saudi market sentiment’
A top Jeddah-based economist has cautioned Saudi stock market investors against being influenced by rumors spread by social media.
“Social media keeps us connected. But...
