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,...
Venezuela sending new proposals to OPEC and non-OPEC producers
Venezuela is sending new proposals to leaders of OPEC and non-OPEC countries to stabilize the oil market, President Nicolas Maduro said in a televised...
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...
Uber to expand Africa operations
Uber is expanding in Africa.
The ride-hailing company said Thursday that it plans to start operating in the capitals of Ghana, Uganda and Tanzania within...
Europe shares rise as firm dollar takes shine off euro
European shares started the week strongly on Monday, buoyed by gains on Wall Street and a weaker euro, while the dollar rose after upbeat...
Saudi reform plan pleases markets
A sweeping economic reform plan announced by Saudi Arabia on Monday pleased the financial markets but fell short of convincing sceptics that the kingdom...
