Japan is boosted as the Dollar strengthens and crude climbs almost one percent in...
Japanese stocks rallied as the dollar strengthened in holiday-thinned trade Monday, with most markets across Asia closed for the Lunar New Year holiday.
A report...
Gulf economic slowdown sees foreign workers trapped by debts
The economic slowdown gripping countries across the Arabian Gulf can be seen in layoffs, slowed construction projects and government cutbacks. For the millions of foreign...
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...
Emirates airline says profits are up amid lower oil prices
The Middle East's biggest airline, Emirates, says its profits jumped by about 56 percent to $1.9 billion in the last fiscal year largely due...
Russia pipeline chief says let's talk to OPEC about output
Russian officials have decided they should talk to Saudi Arabia and other OPEC countries about output cuts to bolster oil prices, the head of...
Oil prices may reach $20, Saudi not willing to cut output
OPEC is determined to keep pumping oil vigorously despite the resulting financial strain even on the policy's chief architect, Saudi Arabia, alarming weaker members...
Price hikes in Egypt bite hard during holy month of Ramadan
Shop owner Hassan Mahmoud laid out his heaps of dried fruits and nuts at a multicolored Ramadan tent in the Egyptian capital to catch...
Oil companies in Iraq agree to restart investment, boost output
Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing, allowing projects that were...
Libya cuts oil output by up to 120,000 bpd due to power problems
Libya's National Oil Corp on Wednesday cut oil production by about 120,000 barrels a day as its eastern subsidiary AGOCO faced power problems due...
Malaysia Airlines selects new CEO after departure
Kuala Lumpur, Oct 20, 2017 (AFP) - Malaysia Airlines on Friday named veteran senior executive Izham Ismail as its new CEO after his predecessor's...
