Toshiba leads laptop market in the kingdom
Toshiba laptop computers are dominating the Saudi Arabian market, being the number one choice of consumers, according to a recent report.
Toshiba Gulf secured the...
BP logs $1.4bn loss
BP faced another net loss in the second quarter but has now drawn a line under the 2010 Gulf of Mexico oil spill disaster,...
U.S. sues to seize $1 billion in assets tied to Malaysian state fund
U.S. prosecutors are trying to seize more than $1 billion in assets they said were tied to money stolen from the Malaysian state fund, overseen...
Putin's ally absent as Russia considers joint action with OPEC
When Russian officials this week discussed the merits of jointly cutting oil output with OPEC to push up prices, one man -- President Vladimir...
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...
Huge personal debt raises worries in wealthy Qatar
Credit cards on the limit, huge bank borrowings and a struggle to repay loans: these are the personal debt problems of some Qataris despite...
Price hikes in Egypt bite hard during holy month of Ramadan
Shop owner Hassan Mahmoud laid out his heaps of dried fruits and nuts at a multicolored Ramadan tent in the Egyptian capital to catch...
Kuwait oil strike enters second day
A walkout by thousands of Kuwaiti oil workers entered its second day on Monday, slashing production by over 60 percent as the government looks...
Investigation clears Malaysian PM Najib, says $681 million transfer a Saudi gift
Malaysia's attorney-general cleared Prime Minister Najib Razak of any criminal offence or corruption on Tuesday, and said a controversial transfer of $681 million into...
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...