Kuwaiti Emir Sheikh Sabah warns budget down 60 percent on low oil prices
Kuwait's ruler warned Tuesday his nation's revenue is down some 60 percent due to low global oil prices, urging citizens of this tiny country...
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...
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...
Oil slump has uneven impact on global prices at the pump
A dramatic drop in oil prices is translating into a mixed bag for motorists across the globe - from hefty savings at the pump...
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...
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...
Pokemon Go seen making billions for Apple
Apple Inc stands to rake in $3 billion in revenue from the Pokemon Go craze in the next one to two years as gamers...
UN moves to restrict ISIS finances
Russian President Vladimir Putin threw his support Thursday behind a US-backed measure at the UN Security Council to ramp up sanctions against ISIS and cut...
Arab businessmen invest billions to make Bosnia a holiday destination
As tourists from the Persian Gulf countries look to book their next holiday to escape the summer heat, Arab investors are betting on an...
Oil market recovery will continue, says OPEC chief
OPEC president Mohammed bin Saleh al-Sada said on Tuesday that the current oil market recovery would continue into the second quarter of the year...
