Friday, June 12, 2026

Oil prices steadier after gains

Oil prices were steady Monday after last week's rally, as traders reacted to renewed oversupply concerns spurred by an increase in US rigs output,...

Al-Khodari: Saudi construction sector faces tough times ahead

Saudi Arabia's construction industry faces difficult times ahead as the prospect of state budget cuts adds to painful labour reforms, according to major builder...

More women executives mean more profits, according to study of 91 countries

Companies with 30 percent female executives rake in as much as six percentage points more in profits, according to a study on Monday, feeding...

Oil slides, strong dollar pulls Asian shares lower

Asian shares dropped on Thursday, with energy stocks taking a hammering from a slide in oil prices while a stronger dollar piled pressure on...

World Bank to provide Egypt with first $1 billion of $3 billion loan

The World Bank will provide the first $1 billion tranche of a $3 billion loan to Egypt after parliament approves the government's economic programme,...

GULF-OIL/PRICES

Saudi Arabia's Oil Minister Ali al-Naimi attends a meeting of Gulf states' oil ministers in Doha, September 10, 2015. Gulf energy producers will continue...

Oil prices rebound on bargain-hunting

World oil prices rose Thursday on bargain-hunting after a sharp decline the day before, although analysts said the market remains hobbled by an oversupply. US...

IMF chief calls for reforms in Gulf amid low oil prices

On a trip through a Gulf squeezed by low oil prices, the head of the International Monetary Fund repeatedly called on countries to cut...

Domestic focus may limit clout of $2 trillion Saudi fund

Saudi Arabia aims to create the world's biggest sovereign wealth fund, a $2 trillion behemoth that can throw its weight around global markets, but...

Messaging app Line soars in Wall Street debut

Shares in the Asian hit messaging app Line surged 33 percent in the first day of trade in New York Thursday in a market...

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