Tuesday, August 25, 2026

A peek into the Saudi economic reform plan

Here are the main points of the "Saudi Vision 2030" economic reform plan announced by Deputy Crown Prince Mohammed bin Salman and approved by...

Saudi Arabia says outcome of OPEC meeting unclear

The outcome of this week's OPEC meeting remains to be decided, Saudi Arabia's oil minister said Tuesday amid widespread expectations that the cartel will...

Saudi issues new Islamic sukuk to finance budget

Saudi Arabia said Tuesday it has completed the issuance of a new Islamic sukuk sale to help finance its budget deficit as the kingdom...

Saudi Aramco seeks discounts on drilling costs-sources

State-run Saudi Aramco has asked oilfield service companies to extend discounts to next year as the oil giant cuts costs amid falling oil prices,...

BlackBerry's results beat expectations as shares rise

BlackBerry reported quarterly results Friday that beat Wall Street expectations, even as revenue fell sharply. Shares of the smartphone maker rose almost 4 percent in...

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...

Sterling dips below $1.50 for first time since April

Sterling dipped below $1.50 for the first time since April on Monday after a policymaker warned about the impact of a strong pound on...

Maersk profit plunges amid weak trade, low oil prices

Danish conglomerate A.P. Moller-Maersk on Wednesday reported an 82-percent drop in annual profit as its shipping unit was hit by lower freight rates and...

Barca extend partnership with UNICEF to 2020

European champions Barcelona renewed a collaboration agreement with children's charity UNICEF on Thursday till 2020, which will see the Catalan giants donate two million...

Kurdistan government needs support to plug $100 million monthly deficit

The Kurdistan Regional Government (KRG) in Iraq needs budget support to plug a monthly deficit of $100 million and would accept any conditions that...

Latest News