New Saudi energy minister shows he takes OPEC seriously
For OPEC watchers, every little detail matters.
When the oil producer group holds its half-yearly meetings, what time the ministers arrive in Vienna, how they...
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...
Dubai announces first airport tax on passengers
The emirate of Dubai, whose airport is the world's busiest for international passengers, announced Wednesday it was introducing a tax on travellers to help...
Saudi Arabia opens retail sector to more foreign investment
Saudi Arabia has approved rules opening its retail sector to greater foreign investment, official media said on Tuesday, as part of wide-ranging economic reforms.
The...
Oil prices down in Asia on US data and supply concerns
Oil prices were down in Asia Wednesday as investors weighed US petroleum industry data showing a build-up in crude stockpiles and news that shipments...
Saudi bourse regulator tightens curbs on anonymous investors
Saudi Arabia's market regulator has further tightened its restrictions on anonymous investors trading shares through brokers, citing the need to prevent money laundering and...
Arab Bank pleased court rejects jury’s verdict on attacks
Jordan-based Arab Bank say it's thankful a New York court ruling brings to a close a civil case American victims of suicide bombings had...
Oil prices rise after Saudi Arabia cuts ties with Iran
Oil prices rose in Asia Monday after crude producer Saudi Arabia cut diplomatic ties with Iran following a row over the Saudi execution of...
KSA able to use space technology to prevent Ebola
Canadian born Assistant Professor, Dr. Farhan M. Asrar at the University of Toronto in Canada, has disclosed that Saudi Arabia can use space technology...
Lebanese parliament to tackle pressing financial issues at first session in a year
Lebanon's parliament convened on Thursday for its first legislative session in more than a year to pass financial laws the paralysed state urgently needs...
