Tadawul index edged down 0.4%
Middle East stock markets were mixed on Thursday, supported by oil’s turnaround but also affected by a pull-back in global equities.
Markets in Asia and...
Oil majors see low prices persisting for months ahead
The global oil glut is likely to take longer than expected to clear and may depress oil prices for many more months if not...
Asian stocks struggle as oil falters, China weakens
Asian stocks held near the day's lows on Wednesday as a relapse in oil prices and fresh drops in Chinese stocks made sentiment even...
Liquidity crisis, jobs at risk at Middle East airlines
The International Air Transport Association (IATA) said on Thursday that Middle East airlines are facing a liquidity crisis and hundreds of thousands of jobs...
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...
Saudi-Iranian tensions can't halt slide in oil prices
Even the escalating tension between Iran and Saudi Arabia, two big oil-producing countries, can't halt the slide in energy prices.
Oil futures spiked briefly on...
Turkish finance minister sees promising outlook for economic growth -Anadolu
Turkey is continuing its strong economic growth trend and the foundations of its economy are strong, new Finance Minister Berat Albayrak was quoted as...
Saudi Telecom profit slump may weigh on kingdom's market
Oct 21 Saudi Arabia's stock market may face further selling pressure on Wednesday as a gloomy oil report and a sustained profit slump at...
Cheap oil set to lose effect on demand growth: IEA
Growth in global demand for crude is set to slow next year as the allure of cheap oil fades, the International Energy Agency (IEA)...
Saudi state claws back unspent money as finances tighten
Saudi Arabia's finance ministry, seeking to cut waste as state revenues shrink because of low oil prices, is telling government bodies to return unspent...
