Gulf Arabs race to release youth potential in age of cheap oil
Like the prototype drone of Emirati student Talib Alhinai, the ambitions of young people across the Gulf Arab states need to soar if they...
Oil prices resume decline in Asia
Oil prices resumed their decline in Asia on Wednesday, with global crude oversupply continuing to dampen investors' sentiment despite occasional rallies.
Prices had risen the...
Turkey and Iran seek to 'manage differences', boost trade
Turkey and Iran, two countries on opposite sides of Syria's civil war, must develop a "common perspective" in order to end sectarian strife in...
Asian shares slip, dollar close to 8-month peak
Asian shares struggled on Tuesday after a healthcare mega-merger failed to impress Wall Street, while the dollar took a breather from its run to...
Iran sees oil freeze pact as not enough to help market
Iran believes a global agreement to freeze oil output will not be enough to help prop up prices as the world is producing too...
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...
OECD calls for reforms to wake up growth
With little hope for the world economy picking up pace soon, governments must tackle reforms at home to kickstart growth, the OECD said on...
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...
Oil-rich Congo's Sassou to boost budget in election year
Congo Republic plans to increase its budget by more than a third this year despite low oil prices, according to a draft report seen...
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...
