BlackBerry exits Pakistan over data access row
BlackBerry said Monday it is exiting Pakistan rather than hand over its customers' private messages, after the government demanded access to encrypted data sent...
Focus on jobs at heart of Saudi reforms
Saudi Arabia plans to spend billions of riyals on technical training and other initiatives to boost the number of its citizens in private sector...
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...
OPEC announces cheap oil taking longer to subdue rival suppliers
Saudi Arabia tells OPEC it trimmed output in July and Further raises 2015 non-OPEC oil supply forecast * Points to larger 2.28 mbpd supply...
Kuwait's NBK profits drop in Q4 and rise for 2015
National Bank of Kuwait, the emirate's largest lender, said Thursday its net profit fell in the fourth quarter but rose in 2015 as a...
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...
Following Coronavirus outbreak, Ikea closes all stores in China
Following an announcement on Wednesday from world's biggest furniture retailer; Sweden's IKEA, that it was closing around half of its stores and shortening the...
Amid Coronavirus, Pakistan seeks $1.4 billion IMF loan
Government finance adviser Abdul Hafeez Shaikh said on Wednesday that Pakistan is seeking another $1.4 billion loan from the International Monetary Fund (IMF) to...
U.S. Secretary Kerry offers support to struggling Tunisia
U.S. Secretary of State John Kerry is in Tunisia for economic and security talks to show support for the North African nation's fledgling democracy.
Kerry...
New Saudi oil minister believes in low prices and reform
It was January 2016 and oil prices had crashed to their lowest in more than a decade.
Saudi Arabia's health minister, Khalid al-Falih, a favourite...
