Saudi to unveil 2016 budget with huge shortfall
Saudi Arabia unveils its 2016 budget on Monday with the oil powerhouse expected to project a huge deficit following the collapse of crude prices.
The...
Funding and regulation challenge Saudi private sector drive
After decades of government-led growth, Saudi Arabia is handing over much of the responsibility for the economy to private firms - a prospect which...
Ten killed in air strike on Sanaa as fighting starts in central Yemen
Ten people were killed in a Saudi-led coalition airstrike on a suburb in the capital Sanaa on Monday, medical sources and residents said.
The strike...
Lebanon’s Hariri visits UAE after resignation in Saudi
DUBAI, Nov 7 (Reuters) - Lebanon's outgoing Prime Minister Saad al-Hariri met Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed on Tuesday, Saudi-owned Al...
Bahrain charges 24 with trying to set up ISIS branch in kingdom
Twenty-four people face trial in Bahrain for trying to set up a branch of the Islamic State militant group and promoting the overthrow of...
Lebanon signs offshore drilling deal amid row with Israel
Lebanon Friday signed its first contract to drill for oil and gas off its coast with a consortium comprising energy giants Total, ENI...
Oil price faces fresh downturn as Saudi and Russia tussle in Europe
A sales push by Saudi Arabia into north Europe's refineries, a step into rival Russia's backyard, piles fresh pressure on oil prices already struggling...
At least 40 dead, 60 wounded in Paris attacks
At least 40 people were killed and 60 others were wounded in attacks in and around Paris on Friday evening, a police source told...
Iraq needs Kurds in battle against ISIS, says Zebari
The Iraqi army will need Kurdish fighters' help to retake Mosul, the largest city under the control of Islamic State, Iraqi FinanceMinister Hoshiyar Zebari...
Minister disowns comment that UAE's role in Yemen is over
A top diplomat in the United Arab Emirates stepped back early Friday from his previous comments that the country's part in the Saudi-led war...
