Commodity slump forces Africa to rely on IMF
Falling commodity prices have pushed several African countries back into the embrace of the International Monetary Fund, which has an opportunity to push for...
OPEC and non-OPEC producers to meet in Doha on April 17
OPEC and non-OPEC producers will hold a meeting in the Qatari capital on April 17, the Qatari energy minister, who is also the current...
Iran boosts oil trade via UAE ahead of sanctions relief
Iran has boosted exports of fuel oil through U.S.-ally the United Arab Emirates and also almost doubled its imports of gasoline, despite Western sanctions,...
Emirates airline's H1 profit surges 65% to $849 mn
Dubai's Emirates airline said Thursday its net profit surged 65 percent in the first half of the financial year to $849 million (781 million...
Saudi signs $156 million programs with U.N. to help Yemenis
Saudi Arabia has agreed to implement three executive programs worth over $156 million aimed at extending humanitarian aid to Yemen.
Dr. Abdullah Al-Rabeeah, adviser at...
British brands eye growing Muslim consumer market
From young start-ups to business giants, British entrepreneurs are eyeing a rapidly expanding global market for Muslim consumers with a range of brands from...
Iran struggles to find enough ships for oil exports
Iran faces a struggle to increase oil exports because many of its tankers are tied up storing crude, some are not seaworthy, and foreign...
Saudi to unveil 2016 budget with huge shortfall
Saudi Arabia unveils its 2016 budget on Monday with the oil powerhouse expected to project a huge deficit following the collapse of crude prices.
The...
Qatar gas tanker helps vary Poland's energy supplies
The first-ever gas carrier from Qatar arrived in Poland on Friday to help the eastern EU member diversify its energy supplies and reduce its...
World's largest indoor theme park to open in Dubai
The world's largest indoor theme park is set to open in Dubai this month to lure back some of the tourists and residents who...
