Oil in 'tumultous' week after output freeze deal
The oil market was gripped this week by an output freeze deal between the world's top two producers Saudi Arabia and Russia.
Prices initially rebounded...
Russia and Turkey discuss restoring economic ties
Russia and Turkey will gradually unfreeze relations in trade and economy which soured after Turkey downed a Russian bomber near the Syrian border last...
Wall St rises as health care rebounds
U.S. stocks rose in a volatile session on Wednesday, led by a rebound in biotechnology stocks, putting the S&P 500 on track for its...
Qatar National Bank in $2.95 bn deal for Finansbank
Qatar National Bank said Tuesday it has agreed to buy a Turkish subsidiary of the National Bank of Greece for $2.95 billion (2.7 billion...
Investment’s measures amid coronavirus concerns, Abu Dhabi crown prince
On Monday, Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed al-Nahyan said that United Arab Emirates authorities will support the economy by easing investment...
Crude jumps on U.S. output forecast; stocks mixed
Crude prices jumped more than 4 percent on Tuesday after the United States cut output forecasts, while global equity markets mostly rose on expectations...
Libya outlines ambitious plans to restore oil output
Libya's National Oil Corporation has ambitious plans to restore output to pre-2011 levels after years of violence and disruption, officials said.
Oil output is now...
Iraq preparing to push ISIS away from oil region
Kurdish Peshmerga forces, an Iran-backed Shi'ite militia and Iraq's army will launch an offensive soon to push Islamic State fighters away from the northern...
Oil prices tumble 7%: Tadawul edges down
Stock markets across the Middle East fell on Tuesday alongside steep drops in global stock
prices because of renewed uncertainty about the state of China's...
Saudi Arabia aims to salvage financial district
The plan to build a financial district from scratch was viewed by Saudi Arabia's neighbours as among the glossiest excesses of the kingdom's oil...
