Investigation clears Malaysian PM Najib, says $681 million transfer a Saudi gift
Malaysia's attorney-general cleared Prime Minister Najib Razak of any criminal offence or corruption on Tuesday, and said a controversial transfer of $681 million into...
Iran struggles to find enough ships for oil exports
Iran faces a struggle to increase oil exports because many of its tankers are tied up storing crude, some are not seaworthy, and foreign...
Oil plunge fuels run on energy firms as Asia stocks tumble
Energy firms led another stock market sell-off Monday, but analysts said a fall in oil prices to seven-year lows was driven more by fears...
Egypt ordered to pay $1.76 billion to Israel over gas supply cut
Egyptian natural gas companies have been ordered through arbitration to pay the Israel Electricity Corporation $1.76 billion in compensation over a gas supply cut,...
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 central bank to appoint KPMG partner as deputy governor for supervision – sources
The Saudi Arabian Monetary Agency (SAMA) is set to appoint KPMG Saudi Arabia's managing partner Tareq al-Sadhan as its new deputy governor for supervision,...
Bad Saudi PR fuels riyal devaluation talk
Speculation that Saudi Arabia could devalue its currency may owe more to a poor public relations effort by Saudi authorities than to the economic...
Expats and employers worried over Saudi tax proposal
Expatriates in Saudi Arabia and their Saudi employers alike voiced unease about a proposal the government is studying to impose income tax on foreign...
Oil prices rise in Asia with OPEC meeting in focus
Oil prices rose in Asia Tuesday but dealers were cautious before an OPEC meeting at which the cartel is expected to maintain high output...
Qatar Airways boss: 'we create American jobs'
Qatar Airways chief executive Akbar al-Baker said Thursday that his company is helping to create jobs in the US despite an ongoing war of...
