Wall St rises as health care rebounds
U.S. stocks rose in a volatile session on Wednesday, led by a rebound in biotechnology stocks, putting the S&P 500 on track for its...
Oil prices tumble 7%: Tadawul edges down
Stock markets across the Middle East fell on Tuesday alongside steep drops in global stock
prices because of renewed uncertainty about the state of China's...
Oil prices recover slightly
Oil prices rose slightly on Tuesday, with Brent prices bouncing back from 11-year lows caused largely by a global oversupply of crude.
Approaching midday in...
Iran oil exports has been reduced
Iran oil production projects have been reduced, Iran's Oil Minister Bijan Zanganeh said on Tuesday, according to the official IRNA news agency.
Iran has had...
Egypt struggles to get subsidised food to poor amid dollar crisis
"Any rice?" says the woman, leaning into a shop in Cairo and brandishing a green smartcard that carries her family's food credits. The shopkeeper...
Shell reports 44 percent drop in 4th quarter earnings
Royal Dutch Shell said fourth-quarter earnings tumbled 44 percent as the collapse in oil prices took its toll on another European oil company.
Profit adjusted...
Kuwait 's telecom 'Zain' profit's rose in Q4 then took a dive in 2015
Kuwaiti telecoms giant Zain said Wednesday its net profit rose slightly in the fourth quarter but fell sharply in 2015 due to unrest in...
Oil traders get closer look at what might prompt Saudi rethink
Saudi Arabia has given oil traders the first glimmer of clarity on what it might take to prompt the world's biggest crude exporter to...
Kuwaiti Emir Sheikh Sabah warns budget down 60 percent on low oil prices
Kuwait's ruler warned Tuesday his nation's revenue is down some 60 percent due to low global oil prices, urging citizens of this tiny country...
Israel soon to open Abu Dhabi office for renewable energy
Israel's Foreign Ministry says the country will soon open an office at a renewable energy agency in Abu Dhabi, the United Arab Emirates' capital...
