Russia to supply 40 Mi-28 attack helicopters to Algeria
Russia will deliver 40 Mi-28NE attack helicopters to Algeria in line with a bilateral contract, Interfax news agency said on Friday, quoting a source...
Yuan sends Saudi Riyal devaluation wagers to a high
A key currency indicator in Saudi Arabia rose to the highest level since 2008, signaling that some traders are increasing bets that the riyal...
France warns Lebanon risks collapse after explosion, crisis
BEIRUT (AP) — Lebanon is in such a deep political and economic crisis the country risks collapsing altogether, France’s foreign minister said Thursday, ahead...
Apple shares dip 5% as iPhone sales slow
Apple shares sank in opening trade Wednesday, after the company warned that iPhone sales could fall for the first time in the coming quarter.
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Oil prices rise in Asia as Doha meeting and U.S. report loom
Crude prices edged down in Asia Monday following last week's gains that were fuelled by data showing a drop in US production, while traders...
SABIC chief expects decision on $30 bln Saudi project in Q2
Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, expects to make a decision in the second quarter of 2016 on...
Oil prices wobble as traders await OPEC
World oil prices diverged Tuesday but held below the key level of $50 per barrel, as traders eyed this week's crucial OPEC oil meeting...
Global stocks rise but oil, Fed keep investors nervous
Stocks rose in Europe and Asia on Tuesday, though volatile oil prices kept investors cautious before a widely anticipated increase in U.S. interest rates...
Iran reappoints Hedayatzadeh as boss of Swiss-based oil trading firm
Iran on Tuesday reappointed a former managing director of its Swiss-based trading company as part of a broader reshuffle aimed at bolstering its oil...
Algerian billionaire Rebrab buys media group
Algerian billionaire Issad Rebrab, the country's wealthiest entrepreneur, has bought the El Khabar media group for around 40 million euros ($45 million), the group...
