Riyadh forum big boost for business
Custodian of the Two Holy Mosques King Salman will patronize the 7th Riyadh Economic Forum on Tuesday at Riyadh International Center for Exhibition and...
Germany, Europe’s largest economy, struggles
The Eurozone economy struggles against headwinds from the U.S-China trade dispute and Britain's departure from the European Union.
The state statistics agency said Friday there...
OPEC oil production rises in September
OPEC oil output has risen in September from the month before, a Reuters survey found, as Iraq’s northern exports recovered from disruption that had...
Oil prices up in Asia ahead of OPEC meeting
Oil prices climbed in Asia Tuesday before a meeting of the OPEC oil cartel and a report on US commercial crude inventories which will...
$30 oil is 'irrational' and a rebound is 'inevitable,' according to Saudi Arabia
Saudi Arabia thinks oil prices at $30 per barrel are “irrational.”
According to a report in The Financial Times, Khalid al-Falih, chairman of the state-owned...
Turkey’s central bank raises rates again, says ready to tighten further
Turkey's central bank ramped up its benchmark interest rate to 17.75 percent on Thursday, taking another step to assert its independence, two weeks after...
Israel regulator seeks to ban bitcoin firms from stock exchange
Israel's markets regulator will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange,...
Egypt stocks drop after Russia suspends flights to country
Egypt's EGX30 stocks index has plunged 4.3 percent after steadily declining since Russia suspended flights to Egypt following the Oct. 31 Russian plane crash...
Kuwait and Iraq say OPEC will not cut output alone
The Kuwaiti and Iraqi oil ministers said Tuesday that OPEC will not cut production unless producers outside the cartel do the same, despite the...
Nigeria's president to visit restive oil region
Muhammadu Buhari will this week make his first visit as president to Nigeria's oil-producing south, which has been riven by an upsurge in violence...
