Brexit uncertainty prompts IMF to cut global growth forecasts again
The International Monetary Fund (IMF) cut its global growth forecasts for the next two years on Tuesday, citing uncertainty over Britain's looming exit from...
GE announces deals worth over $1.4 billion with Saudi Arabia
General Electric Co. said Monday it made a series of deals with Saudi Arabia worth over $1.4 billion as part of the kingdom's ambitious...
Oman and Assad discuss solutions to Syria conflict
Oman's foreign minister and Syrian President Bashar al-Assad met in Damascus on Monday and discussed ideas that have been put forward to address the...
Oil falls to 11-year low, Saudi-Iran row seen making output restraint unlikely
Oil fell to its lowest in more than 11 years on Wednesday, down around 2 percent, as the row between Saudi Arabia and Iran...
Israeli defence minister accuses Turkey of buying ISIS oil
Israel's defence minister has accused Turkey of buying oil from the so-called Islamic State (ISIS) group, thereby funding the militants' activities.
Speaking in Athens, Moshe...
KSA, Qatar, Sudan troops sent to sustain anti-Houthi coalition
Gulf states have sent thousands of heavily armed troops to reinforce loyalists in Yemen in the battle against Iran-backed Houthi rebels, media reported on...
Saudi plans stock market reforms to draw foreign money
Saudi Arabia announced a string of reforms to its stock market that could attract billions of dollars of fresh foreign money and smooth sales...
Guard chief says Iran won’t increase missile range
Iran's semi-official Tasnim news agency is reporting that the country has no plan to increase the range of its missiles.
The Tuesday report quotes the...
Iraq’s move to rush oil bidding could deter some firms
Iraq is opening more of its untapped oil and gas resources to foreign developers, hoping to boost revenues after its costly war with the...
U.S., Saudi Arabia to bolster support for moderate Syrian opposition
The United States and Saudi Arabia agreed to increase support to Syria's moderate opposition while seeking a political resolution of the four-year conflict, the...
