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...
Following Coronavirus outbreak, Ikea closes all stores in China
Following an announcement on Wednesday from world's biggest furniture retailer; Sweden's IKEA, that it was closing around half of its stores and shortening the...
Oil crashes would cost Iraq two-thirds of its net income
Iraq, which relies on oil revenues for more than 90 percent of its revenues, was set to face "vast economic pressures," said Fatih Birol,...
France to agree aerospace deals with Saudi Arabia
France and Saudi Arabia are to agree big aerospace contracts when French Prime Minister Manuel Valls visits the kingdom on Tuesday, sources close to...
Oil prices hold above $43 in Asia
Oil prices held above $43 a barrel in Asia Thursday after US commercial crude supplies rose at a slower pace, while jitters lingered over...
Oil oversupply causes slump, close to seven-year low
World oil prices dived Friday close to a seven-year low, propelled downward by global oversupply and the strong dollar after this week's US interest...
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...
