Oil prices fall after news of possible oilfield expansion in Saudi
Crude prices fell in Asia Monday following a report saying Saudi Arabia could maintain its total production capacity with the expansion of an oilfield,...
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...
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...
Riyadh finance district project will transfer to Public Investment Fund
Saudi Arabia is to transfer ownership of Riyadh's floundering King Abdullah Financial District to the Public Investment Fund (PIF) from the Public Pension Agency...
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...
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...
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...
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...
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...
