Saudi Arabia to continue energy investments despite oil price drop- Naimi
Oct 2 Saudi Arabia is continuing with its investments in the oil and gas industry even with the current drop in oil prices, the...
MIDEAST STOCKS-Saudi rises on FTSE review; Egypt up after govt reshuffle
Saudi Arabia's stock market rose in early trade on Sunday after index compiler FTSE added the country to its watchlist for potential upgrade and...
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...
52% of Saudis lack savings
A recent economic study reveals nearly one-third of Saudis suffer from an inability to strike a balance between financial expenditures and income, and achieve...
Al Qaeda still reaping oil profits in Yemen despite battlefield reverses
Al Qaeda may have been pushed out of the enclave it carved out in Yemen as the country descended into civil war, but the...
Israeli business delegations led by banks Hapoalim, Leumi to visit UAE
TEL AVIV, Sept 6 (Reuters) - The heads of Israel's two biggest banks will travel to the United Arab Emirates (UAE) this month, the...
Oil prices surge on fresh talk of OPEC meeting on glut
Oil prices surged Wednesday on renewed speculation about a potential cut in global production that overshadowed another rise in US crude inventories.
US benchmark West...
Lebanese choked by bank controls
Dozens of people line up every morning outside a bank in Lebanon's capital long before the doors open, hoping to extricate whatever little cash...
OECD calls for reforms to wake up growth
With little hope for the world economy picking up pace soon, governments must tackle reforms at home to kickstart growth, the OECD said on...
OPEC and non-OPEC experts to talk, but unlikely to cooperate on cuts
A meeting of OPEC and non-OPEC oil market experts this week is unlikely to increase the prospect of joint co-operation on supply curbs or...
