OPEC says oil glut 'may ease' by 2017 as non-cartel supply drops
OPEC said Friday a global crude glut that has squeezed the market and sent prices plunging over the past year "may be easing" as...
Bad Saudi PR fuels riyal devaluation talk
Speculation that Saudi Arabia could devalue its currency may owe more to a poor public relations effort by Saudi authorities than to the economic...
Syria Al-Nusra frees 16 Lebanese servicemen in swap deal
Al-Qaeda's Syrian affiliate on Tuesday freed 16 Lebanese soldiers and police held for more than year in exchange for the release of prisoners and...
Saudi's first privately run air terminal contract awarded to Irish firm
A subsidiary of state-owned Irish airport operator DAA has won the bid to operate Saudi Arabia's first privately run terminal, official media in the kingdom...
Qatari poet serving 15-year jail term pardoned
A Qatari poet, Rashid al-Ajami, has been pardoned and released after serving more than three years of a 15-year prison sentence for insulting the...
Russia's Sechin floats idea of oil output cuts
The head of Russian state-run oil company Rosneft on Wednesday floated the idea of a coordinated output cut by major oil-producing countries to prop...
Fears for world economy wreak carnage on stocks and oil
World stock markets tumbled and oil plumbed new lows Thursday as investors feared for the global economy on signs of a dramatic slowdown in...
Egypt hands jail terms to 23 Morsi supporters
An Egyptian court sentenced 23 supporters of Mohamed Morsi to lengthy prison terms on Wednesday over a violent protest against the Islamist president's ouster...
Syria's Assad shows no willingness to compromise
As the Syria peace talks resume next week, President Bashar al-Assad, backed militarily by Iran and Russia, shows no willingness to compromise, much less...
Egypt arrests aide to barred presidential challenger
Egyptian police on Tuesday arrested former anti-corruption chief Hisham Geneina after he suggested that a presidential hopeful he campaigned for possessed damning material against...
