Nigeria's president to visit restive oil region
Muhammadu Buhari will this week make his first visit as president to Nigeria's oil-producing south, which has been riven by an upsurge in violence...
Politicians and celebs deny abuse of offshore accounts
The president of Ukraine became the latest prominent politician to deny wrongdoing Wednesday after his name was linked to secretive offshore accounts arranged by...
Egypt's Sisi ignores criticism, focuses on economic achievements
Egyptian President Abdel Fattah al-Sisi vaunted on Thursday his "unprecedented" economic achievements, ignoring mounting criticism by opponents and the press after police raided a...
Iran could decide fate of first global oil deal for 15 years
The fate of the first global oil deal in 15 years could be decided on Wednesday when OPEC members travel to Iran to persuade...
Oil slides to lowest since 2003 as Iran sanctions lifted
Oil prices hit their lowest since 2003 on Monday, as the market braced for a jump in Iranian exports after the lifting of sanctions...
Najib says foreign investors keen on Malaysia despite "noise"
Prime Minister Najib Razak said on Wednesday that investor confidence in Malaysia is high and blamed the rising "noise levels" for a negative perception...
KACST head to highlight Saudi investment scenario
Prince Dr. Turki Bin Saud Bin Mohammed Al Saud, president of King Abdulaziz City of Science and Technology (KACST), will be addressing participants of...
Saudi 2016 growth to slow as debt rises and reserves drop
Saudi economic growth is set to slow further in 2016 after the OPEC heavyweight announced record deficits due to the slump in oil prices,...
Iraq looks to reopen oil pipeline through Saudi Arabia
Iraq is seeking to reopen its crude oil export pipeline through Saudi Arabia, shut in 1990, state newspaper Assababah reported citing an unidentified Iraqi...
Saudi Arabia orders 5% cut in contract spending
Saudi Arabia's government, its finances strained by low oil prices, is opening a fresh austerity drive by ordering ministries to cut their spending on...
