Egypt's Sisi says won't let the lights go out in Sharm el-Sheik
Egypt's President declared on Wednesday that the 'lights will not be going out in Sharm al-Sheikh', as he visited the Red Sea resort hit...
Dollar hits 8-month high on rate expectations, metals drop
The dollar rose to an eight-month high on Monday amid heightened expectations that the U.S. Federal Reserve would raise interest rates next month, driving...
MIDEAST STOCKS-Saudi drops as energy price reform considered; Egypt falls
Saudi Arabia's stock market fell early on Tuesday 27/10 as the oil minister said the government was considering whether to raise domestic energy prices,...
U.S. delivers 8 Black Hawks to Jordan for its anti-ISIS battle
The United States has delivered eight refurbished Black Hawk helicopters to Jordan for the kingdom's battle against Islamic State extremists.
Jordan is part of a...
Wall Street set to open higher as oil prices continue rise
Wall Street was set to open higher on Wednesday as crude oil prices rose for the fourth day in a row, with Brent crude...
Oil prices up on geopolitical tensions sparked by Paris attacks
Oil prices climbed in Asia Monday on geopolitical tensions sparked by the deadly terror attacks in Paris, but analysts said a global crude supply...
Saudi plans spending cuts, reforms to shrink budget deficit
Saudi Arabia, its finances hit by low oil prices, announced plans to shrink a record state budget deficit with spending cuts, reforms to energy...
A $70 oil floor? Fat chance, but OPEC price plan may be first step
The safe money for oil traders is betting that Venezuela's plan to resurrect OPEC's old price band mechanism, attempting to set a $70 floor...
Saudi Mining and Minerals 2015 kicks off today
Saudi Arabia Mining & Minerals Exhibition & Symposium 2015 kicks off today (Tuesday) with Minister of Petroleum & Mineral Resources Ali Al-Naimi delivering a...
Huge reserves, low public debt strong features of KSA economy
Some international rating agencies and institutions such as the IMF are being criticized for practicing a double standard when dealing with economic scenarios in...
