Saudi minister 'not satisfied' with female employment rate
Saudi Arabia's labour minister is dissatisfied with the level of female employment in the kingdom but their not being allowed to drive is not...
Oil price to start slow recovery in 2017, says International Energy Agency
World oil prices are unlikely to rise from current levels before 2017, and even then their recovery will be slow as massive oil stocks...
Saudi Arabia to allow full foreign ownership in retail
Saudi Arabia will ease restrictions on foreign investors to let them own 100 percent of retail and wholesale businesses, the government said on Sunday...
Abu Dhabi awards Japan’s INPEX stake in oil concession
Abu Dhabi's state energy company ADNOC said Monday it had awarded Japan's INPEX a 10 percent stake in an offshore oil concession, in a...
TASI suffers worst monthly drop since October 2008
Most Gulf stock markets fell on Monday, tracking volatile oil prices, while Egypt's bourse jumped after energy major Eni announced a potentially huge natural...
Emirates and Etihad airlines ask crew to take more unpaid leave
DUBAI, Aug 25 (Reuters) - Middle East airlines Emirates and Etihad Airways have again asked cabin crew to take unpaid leave as they try...
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...
Oman funds Iran's Khodro sign MoU for $200 million auto venture
An Omani sovereign wealth fund has signed an understanding with Iran's biggest auto maker, Iran Khodro Industrial Group, to study a proposal for a...
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...
Citigroup earnings jump despite energy hit
Citigroup reported a big jump in fourth-quarter earnings as much lower expenses offset a hit to results due to weakness in energy-sector loans.
Earnings were...
