Saudi bank ANB set to sell 2 billion SAR capital-boosting sukuk
Arab National Bank (ANB) is close to completing a 2 billion riyal ($533.3 million) capital-boosting sukuk issue, sources familiar with the matter told Reuters...
International Energy Agency sees low oil prices until 2020
The International Energy Agency says oil prices are likely to remain low over the next five years because of plentiful supply and falling demand...
Qatar gasoline prices hike by 30 percent at midnight
Qatar will raise its subsidized gasoline prices by at least 30 percent at midnight Friday, the state fuel company said, the latest Gulf country...
Amid airport closure, Lebanon banks halt dollar withdrawals
On Monday, long queues formed outside several banks north of the capital as monthly salaries came through after two weeks of ongoing home confinement.
A...
Malaysia dissolves 1MDB advisory board
Malaysia's finance ministry said on Wednesday it would dissolve the board of advisers at 1Malaysia Development Berhad (1MDB) and take over its remaining assets,...
Israel sees trade with UAE at $4 billion a year
JERUSALEM, Sept 7 (Reuters) - Annual trade between Israel and the United Arab Emirates is expected to reach $4 billion, an Israeli minister said...
Obama: U.S. and Gulf states will work together to deal with low oil prices
The United States and Gulf oil producers will work together to lessen the impact of low oil prices, President Barack Obama said in Riyadh...
Are Israel’s war crimes no longer good for business?
Israeli arms companies promote their products as “combat proven.” That choice of words suggests Israel’s ability to test weapons on Palestinians has become a...
Saudi oil minister visits Sudan to cement improving ties
Saudi Oil Minister Ali al-Naimi visited Sudan on Wednesday promising increased investment in a major fillip for the impoverished African nation after its tilt...
Russia says ready to ramp up oil output, challenging Saudi
Russia said on Wednesday it was prepared to push oil production to historic highs, just days after a global deal to freeze output levels...
