IEA expects limited impact from oil output freeze at Doha
A deal to freeze oil production by OPEC and non-OPEC producers will have a limited impact on global supply and markets are unlikely to...
Wall St higher as little impact seen from Paris attacks
Wall Street was higher in choppy trading on Monday with investors seeing little long-term economic impact from Friday's deadly attacks in Paris.
Eight of the...
UAE discovers natural gas reserves between Abu Dhabi, Dubai
The United Arab Emirates, a leading OPEC producer, announced Monday the discovery of huge gas reserves between Abu Dhabi and Dubai.
The shallow natural gas...
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...
Oil prices rise after Saudi Arabia cuts ties with Iran
Oil prices rose Monday on Middle East supply risks after Saudi Arabia cut diplomatic ties with Iran.
At about 1230 GMT, US benchmark West Texas...
HSBC whistleblower skips Swiss trial
The Swiss trial against a former HSBC employee who leaked documents alleging the bank helped clients evade millions of dollars in taxes opened Monday,...
Oil falls after Saudi-Venezuela talks
Crude oil prices slid lower Monday, pushing US oil below $30 a barrel, after weekend talks between OPEC kingpin Saudi Arabia and Venezuela dashed...
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...
Saudi Arabia declares stock market open to foreign investors
Saudi Arabia’s stock market, the Tadawul, on Monday opened to foreign investors, a long-awaited move for the Middle East’s largest bourse.
Despite a market capitalization...
Investment’s measures amid coronavirus concerns, Abu Dhabi crown prince
On Monday, Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed al-Nahyan said that United Arab Emirates authorities will support the economy by easing investment...
