BAE Systems sees flat earnings in 2015 on Typhoon jet production cut
Europe's biggest defence company BAE Systems plc warned on Thursday it would see no growth in earnings in 2015 after it reduced the rate...
OPEC nations plan to join U.N. climate drive
OPEC members Iran and Saudi Arabia, the top greenhouse gas emitters yet to submit national strategies for tackling climate change, say they will do...
Britain's FTSE falls back with Ashtead, travel stocks under pressure
Britain's top stock index retreated after hitting a three-week high earlier in Thursday's session, weighed down by Ashtead and travel stocks hit by rising...
No decision yet on OPEC and non-OPEC meeting
OPEC has not yet scheduled any talks with Russia and other non-OPEC countries aimed at supporting oil prices, two OPEC delegates said on Tuesday...
Online iqama services drive local agents out of business
JEDDAH: The new online service of Passport Department, including renewal of residence permits and other procedures related to expatriate workers, closed the door of...
Saudi prince to discuss reform drive in visits to China and Japan
Saudi Arabia's powerful Deputy Crown Prince Mohammed bin Salman will discuss the kingdom's drive to cut its reliance on oil exports in visits to...
Oil slides on Kuwait-Saudi oilfield agreement
World oil prices sank on Tuesday after producers Saudi Arabia and Kuwait announced a deal to gradually resume production at a joint oilfield.
The agreement...
Paris attacks weighon Airline and travel stocks but impact seen short-lived
Airline and travel-related stocks tumbled in Asia Monday following the deadly terror attacks in Paris, but analysts and industry players said they expect the...
Turkish central bank move raises questions over independence
Turkey's currency plunged Tuesday amid growing questions over the central bank's ability to set policy without interference from the increasingly powerful office of President...
Saudi & Bahrain sign $300m deals for new oil pipeline
Saudi Arabia and Bahrain have signed contracts worth around $300 million to lay a new 350,000-barrel per day (bpd) oil pipeline between the two...
