World disasters cost $71 billion in first half of 2016
From earthquakes in Japan to wildfires in Canada, disasters cost the world economy $71 billion (62 billion euros) in the first half of the...
Gulf stocks tumble over Saudi-Iran tensions
Markets in Gulf Arab states tumbled Monday impacted by the growing tension between Saudi Arabia and Iran and global stocks rout over Chinese economic...
Somali president: January attack killed at least 180 Kenyan soldiers
At least 180 Kenyan soldiers were killed in Somalia in an extremist attack on their base in January by al-Shabab, Somalia's president said, which...
Saudi Arabia sees robust oil fundamentals as rival output falls
Long-term oil market fundamentals remain robust but prolonged low prices could threaten security of supply and pave the way for a price spike, Saudi...
FIFA warns soccer legends against Kuwait game
FIFA has sent a global alert to all members warning them to keep their players away from an "All Stars" game in Kuwait which...
Iranian media says Saudi play 'negative role', threaten to pull out of Syria talks
Iran said on Monday it would pull out of Syria peace talks if it found them unconstructive, citing Saudi Arabia's negative role, according to...
China's President Xi to visit Saudi Arabia, Egypt, and Iran next week
Chinese President Xi Jinping will visit Saudi Arabia, Egypt and Iran next week, Beijing's foreign ministry said Friday, as the world's second-largest economy seeks...
EU has little option but to deal with strengthened Erdogan
The EU, desperate for help to solve the migrant crisis, has little option but to deal with Turkish President Recep Tayyip Erdogan on his...
Saudi King Salman is committed to diversifying the economy
Saudi King Salman said on Wednesday the kingdom was committed to implementing programmes to diversify sources of income in order to reduce its dependence...
Famine threatens half of Yemen
Nearly half of Yemen's 22 provinces on the verge of famine as result of the war there and more than 13 million people need...
