Saudi video game developers prosper as demand grows
NPR reports: The Middle East has one of the world's fastest growing communities of online video gamers. With a majority of the population younger...
Emirates airline's H1 profit surges 65% to $849 mn
Dubai's Emirates airline said Thursday its net profit surged 65 percent in the first half of the financial year to $849 million (781 million...
UAE cabinet restructures Emirates Development Bank board
DUBAI, Sept 5 (Reuters) - The cabinet of the United Arab Emirates issued a decision on Saturday to restructure Emirates Development Bank's (EDB) board...
OPEC oil production rises in September
OPEC oil output has risen in September from the month before, a Reuters survey found, as Iraq’s northern exports recovered from disruption that had...
China says it will keep 2016 economic growth in 'reasonable' range
Chinese leaders, meeting ahead of an agenda-setting conference, pledged on Monday to keep the country's economic growth in a "reasonable range" in 2016 by...
Saudi plans spending cuts, reforms to shrink budget deficit
Saudi Arabia, its finances hit by low oil prices, announced plans to shrink a record state budget deficit with spending cuts, reforms to energy...
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...
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...
Virusoutbreak further damages Iran’s economy
The escalating Coronavirus outbreak in Iran - the worst-affected country in the Middle East - has killed 3,872 people and infected 62,589.
The outbreak has...
Saudi petchems may continue rebound: MIDEAST STOCKS
Oct 12 Saudi Arabian petrochemical shares may continue rebounding on Monday on the back of firm oil prices and global equities, although most of...
