Are Israel’s war crimes no longer good for business?
Israeli arms companies promote their products as “combat proven.” That choice of words suggests Israel’s ability to test weapons on Palestinians has become a...
World disasters cost $71 billion in first half of 2016
From earthquakes in Japan to wildfires in Canada, disasters cost the world economy $71 billion (62 billion euros) in the first half of the...
IMF urges Gulf states to bring in taxes
The International Monetary Fund chief urged on Monday oil-exporting Gulf countries to introduce taxes, warning that low crude prices are likely to stay for...
Saudi Aramco considers new industrial city project in east
State oil giant Saudi Aramco is considering whether to build a new industrial city in the south of the Al Ahsa district in Saudi...
Goldman Sachs dips toe into consumer banking
Goldman Sachs, known for financing mega-deals and servicing the ultra-wealthy, is now open to the general public. And its interest in the average American...
Oil rally halted by US stockpiles rise and Saudi stance on cuts
Oil prices fell in Asia Friday after a sharp rise in US crude stockpiles and Saudi Arabia's rejection of proposed output cuts shot down...
Saudi Arabia and Egypt agree to build bridge over Red Sea
Saudi King Salman announced Friday an agreement with Egypt to build a bridge over the Red Sea connecting the two countries, on the second...
Food prices across Syria increased by 20 percent between March and April
In Syria, food prices have doubled in the past year to record levels, largely due to the Lebanese financial crisis and the novel Coronavirus,...
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,...
Oil price slide drives Canadian dollar to 11-1/2-year low
European stocks are expected to rise in 2016, helped by stimulus measures from the European Central Bank, altOil-rich Canada's dollar hit an 11-1/2-year trough...
