MIDEAST STOCKS-Saudi rises on FTSE review; Egypt up after govt reshuffle

Saudi Arabia's stock market rose in early trade on Sunday after index compiler FTSE added the country to its watchlist for potential upgrade and...

Tadawul index edged down 0.4%

Middle East stock markets were mixed on Thursday, supported by oil’s turnaround but also affected by a pull-back in global equities. Markets in Asia and...

Apple to show off new iPhones with T.V display

With its highly profitable iPhone due for an upgrade, Apple is expected to unveil a pair of new handsets at an event in San...

Saudi signs $156 million programs with U.N. to help Yemenis

Saudi Arabia has agreed to implement three executive programs worth over $156 million aimed at extending humanitarian aid to Yemen. Dr. Abdullah Al-Rabeeah, adviser at...

Saudi central bank to appoint KPMG partner as deputy governor for supervision – sources

The Saudi Arabian Monetary Agency (SAMA) is set to appoint KPMG Saudi Arabia's managing partner Tareq al-Sadhan as its new deputy governor for supervision,...

GULF-OIL/PRICES

Saudi Arabia's Oil Minister Ali al-Naimi attends a meeting of Gulf states' oil ministers in Doha, September 10, 2015. Gulf energy producers will continue...

Expectations of Saudi oil shake-up stir uncertainty

A shake-up of Saudi Arabia's oil leadership by King Salman has introduced a new element of unpredictability to its energy policymaking at a moment...

Saudi Arabia to allow full foreign ownership in retail

Saudi Arabia will ease restrictions on foreign investors to let them own 100 percent of retail and wholesale businesses, the government said on Sunday...

Saudi Arabia says seeks to balance interests of oil consumers and producers

Saudi Arabia said on Monday its energy policy was geared towards balancing the interests of oil consumers and producers and encouraging investment in different...

Saudi-US companies sign several cooperation pacts

A number of economic agreements and partnerships were signed between Saudi companies and establishments and their American counterparts during the Saudi-American Investment Forum organized...

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