Saudi prince Alwaleed invests in ridesharing service Lyft
A firm owned by a Saudi prince said Thursday it had led a group that invested around $248 million (226 million euros) in US...
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 King Salman is committed to diversifying the economy
Saudi King Salman said on Wednesday the kingdom was committed to implementing programmes to diversify sources of income in order to reduce its dependence...
Hello Kitty owner Sanrio says fan site security leak fixed
The Japanese company that owns the Hello Kitty brand said it has fixed a security leak in an online fan site for the famous...
Oil prices recover slightly
Oil prices rose slightly on Tuesday, with Brent prices bouncing back from 11-year lows caused largely by a global oversupply of crude.
Approaching midday in...
Qatar National Bank in $2.95 bn deal for Finansbank
Qatar National Bank said Tuesday it has agreed to buy a Turkish subsidiary of the National Bank of Greece for $2.95 billion (2.7 billion...
Oil prices hit lowest since 2004 as supply exceeds demand
Brent crude prices hit their lowest in over 11 years on Monday, hounded by a relentless rise in global supply that looks set to...
Syria funds suggest ISIS link to militants arrested in Indonesia
Some of the Indonesian men arrested at the weekend after tip-offs that they were planning a string of militant attacks had received funding from...
Shell and BG shareholders to vote on merger
Royal Dutch Shell and BG Group shareholders are expected to vote on the merger of the two companies on Jan. 27 and 28, respectively,...
Saudi oil exports rise to 7.364 million bpd in October
Saudi Arabia's crude oil exports in October rose to 7.364 million barrels per day from 7.111 million bpd in September, official data showed on...
