Oil to average just over $40 in 2016
Oil prices will average just over $40 this year, the biggest cut to monthly forecasts in a year, as an influx of Iranian barrels...
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...
Kuwait oil row as minister tries to shuffle top executives
The chief of state-owned Kuwait Petroleum Corp has refused to carry out the oil minister's decision to swap the CEOs of two subsidiaries, risking...
Israeli business delegations led by banks Hapoalim, Leumi to visit UAE
TEL AVIV, Sept 6 (Reuters) - The heads of Israel's two biggest banks will travel to the United Arab Emirates (UAE) this month, the...
No decision yet on OPEC and non-OPEC meeting
OPEC has not yet scheduled any talks with Russia and other non-OPEC countries aimed at supporting oil prices, two OPEC delegates said on Tuesday...
Morocco launches first solar power plant
King Mohammed VI on Thursday inaugurated Morocco's first solar power plant, a massive project that the country sees as part of its goal of...
Pro-Brexit Boris Johnson says nothing will change in short term
Ex-London mayor Boris Johnson, a leading campaigner for Britain to leave the EU and the bookmakers' favourite to replace David Cameron as Prime Minister,...
Brent stays below $30 a barrel on oversupply worries
Brent oil stayed below $30 a barrel as prices remained weak in Asia Thursday after US crude and fuel inventories rose, adding further anxiety...
Lagarde tells Nigerian lawmakers IMF she does not back FX curbs
International Monetary Fund chief Christine Lagarde told Nigerian lawmakers on Wednesday the Fund does not support foreign exchange restrictions and that any such measures...
Saudi Prince Mohammed unveils "Vision 2030" economic reforms
Saudi Arabia's Deputy Crown Prince Mohammed bin Salman announced a sweeping reform plan on Monday that he said would transform the kingdom into a...
