Monday, August 24, 2026

Saudi to save $7 billion from energy reforms

Saudi Arabia is expected to save $7 billion a year after it introduced unprecedented energy price rises in a bid to offset the low...

OPEC unlikely to cut oil production amid cheap prices

OPEC looked unlikely to take steps to cut oil production to lift languishing prices at a meeting on Friday, potentially worsening one of the...

Mali attack weighing on airline stocks

Shares in easyJet and Ryanair fell 1 to 3 percent on Friday, underperforming the European travel and leisure index, with traders citing an attack...

Protests amid a surge in food prices in Lebanon

Protests broke out in several parts of Lebanon on Monday amid a crash in the local currency and a surge in food prices, leading...

IMF urges ECB to use all tools to support Eurozone

The International Monetary Fund welcomed moves announced by the European Central Bank on Thursday to support the Eurozone, and urged it to use its...

Kuwait's NBK profits drop in Q4 and rise for 2015

National Bank of Kuwait, the emirate's largest lender, said Thursday its net profit fell in the fourth quarter but rose in 2015 as a...

Saudi-Iran crisis punches another hole in OPEC unity

Escalating diplomatic tensions between Iran and Saudi Arabia have added fresh strains on OPEC's unity as the cartel grapples with a common response to...

Warren Buffett says US economy weaker than he expected

Billionaire Warren Buffett says the U.S. economy appears weaker than he thought it would be as recently as last fall, but that doesn't change...

Britain's FTSE falls back with Ashtead, travel stocks under pressure

Britain's top stock index retreated after hitting a three-week high earlier in Thursday's session, weighed down by Ashtead and travel stocks hit by rising...

Al Kasir Group Launches Diamond Trading on Blockchain

Members of the Private Office of H.H. Sheikh Ahmad Bin Obaid Al Maktoum L.L.C., AL KASIR JEWELLERY TRADING L.L.C. and AL KASIR PORTAL...

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