Saudi Arabia will support Egypt despite oil price lowering
The drop in global oil prices will not deter Saudi Arabia from supporting Egypt's economy, its ambassador said on Thursday, adding Riyadh's support would...
Businesses Flock to Saudi Arabia’s Future Investment Initiative
RIYADH, Saudi Arabia (AP) — Saudi Arabia has opened a major investment conference aimed at shining a spotlight on the country's efforts to diversify...
Oil prices dip after latest surge
Oil prices dipped in Asia Wednesday after the previous day's rally as Canadian oil companies prepare to restart production after being closed by huge...
OECD calls for reforms to wake up growth
With little hope for the world economy picking up pace soon, governments must tackle reforms at home to kickstart growth, the OECD said on...
Brexit uncertainty prompts IMF to cut global growth forecasts again
The International Monetary Fund (IMF) cut its global growth forecasts for the next two years on Tuesday, citing uncertainty over Britain's looming exit from...
Nigeria to split up state-run oil firm
Nigeria is to break up its state-run oil and gas firm into 30 separate companies, the country's junior oil minister announced, as part of...
Malaysia Airlines selects new CEO after departure
Kuala Lumpur, Oct 20, 2017 (AFP) - Malaysia Airlines on Friday named veteran senior executive Izham Ismail as its new CEO after his predecessor's...
Hello Kitty owner Sanrio says fan site security leak fixed
The Japanese company that owns the Hello Kitty brand said it has fixed a security leak in an online fan site for the famous...
Oil prices slide as Britain votes to leave EU
World oil prices plunged Friday, mirroring sentiment on stock markets, as the dollar strengthened in reaction to Britain voting to bolt from the European...
Iran says won't negotiate with OPEC over output hike
OPEC member Iran will not negotiate with the cartel over a planned half million barrels per day oil production hike once sanctions are lifted,...
