Iraq's food business grows despite war and economic slump
Iraqi businessman Zaid Nazo has always been sure of his nation's deep passion for food and wasn't afraid to dream big when he transformed...
Marriott buys rival hotel chain Starwood for $12.2 billion
Marriott International is buying rival hotel chain Starwood for $12.2 billion in a deal that will secure its position as the world's largest hotelier.
The...
Oil rises after Saudi Arabia reiterates willing to work with non-OPEC
Oil prices turned around to rally on Monday after the Saudi Arabian cabinet said in a statement the kingdom remained ready to work with...
KSA able to use space technology to prevent Ebola
Canadian born Assistant Professor, Dr. Farhan M. Asrar at the University of Toronto in Canada, has disclosed that Saudi Arabia can use space technology...
Oman records lowest inflation in Gulf region
JEDDAH – Oman recorded the lowest inflation rate at 0.07 percent in August among Gulf Cooperation Council (GCC) states. The highest inflation rate was...
Erdogan asks Turks to help prop up plunging lira
Turkish President Recep Tayyip Erdogan on Saturday urged compatriots to change their foreign currency to the lira to help prop up the embattled currency.
"My...
Saudi King Salman visits Egypt
Despite years of mutual frustration and disappointment over diverging priorities, Saudi Arabia and Egypt remain fundamental to each other's security, a message King Salman's...
ABN Amro fined for lax money laundering measures in Dubai
Dutch bank ABN Amro has been fined more than 1 million euros for "serious shortcomings" in procedures to prevent money laundering at its private...
Dutch Shell executive reduce flaring in Venezuela following Iraq reductions
Mounir Bouaziz, who left Shell last year and is now an independent business developer, said he began talks last October with Venezuelan state oil...
Trump and Saudi discussing global energy markets
Saudi Arabia, the world's biggest oil exporter, will raise its crude supply to a record high in April, the kingdom announced on Tuesday.
Amin Nasser,...
