Syria govt limits cash buys to revive the banking sector
The Syrian government issued on Sunday that all property and car sales must be conducted through banks, in an apparent bid to revive the...
Qatar acquires stake in Chevron oil project off Morocco
The Qatari state oil company, Qatar Petroleum, says it has reached a deal with Chevron to acquire 30 percent of its stake in offshore...
JP Morgan sees new Scottish currency, initially backed by BoE
JP Morgan said on Thursday a Scottish currency in a newly independent Scotland could initially be stabilised near parity with sterling by the Bank...
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...
Dairy industry reshaped by Asian deals as milk price lowers
The global dairy industry is being reshaped by a wave of dealmaking driven by low milk prices and growing demand for products like yoghurt...
Standard and Poor's cuts Saudi Arabia's rating to A-
Standard and Poor's cut Saudi Arabia's credit rating by two notches on Wednesday, saying low oil prices would have a considerable impact on the...
Premier Oil cuts back on spending and beats production target
Premier Oil has cut full-year capital expenditure as the oil producer deferred some project development and exploration spending into 2016, it said on Thursday.
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Oil surges to 2016 highs on reported Saudi-Russian deal
Oil prices surged Tuesday to 2016 highs on reports of an agreement between Saudi Arabia and Russia on freezing output.
US benchmark West Texas Intermediate...
Saudi oil minister considers raising energy prices in Saudi Arabia
Saudi Arabia is looking at raising domestic energy prices, Oil Minister Ali al-Naimi said on Tuesday, confirming that the kingdom could cut a lavish...
Qatar energy minister wants 'fair' oil price
The oil market is slowly recovering from its steep drop over the past two years but crude is still not trading at a "fair...
