Friday, March 27, 2026

Oil prices bounce after six days of losses

Oil prices rebounded with share markets in Asia Friday following a six-session sell-off, with the dollar softening against most other currencies on easing concerns...

Saudi participation in Syria talks aims to test Russian, Iranian will for peace :...

Saudi Arabia will take part in talks on Syria in Vienna on Friday to test the willingness of Russia and Iran, the Syrian government's...

2.5% tax on unused urban land

In a landmark decision to address the growing housing shortage and to make homes more affordable, the Council of Ministers on Monday approved a...

France's Hollande wins cooperation not coalition against IS

The leaders of Russia and France avoided each other's gaze as they made short, stiff statements in the Kremlin on Thursday before talks on...

British parliament likely to vote for Syria air strikes

Britain's parliament is likely to vote on Wednesday to approve air strikes against Islamic State militants in Syria after months of wrangling over whether...

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...

TASI suffers worst monthly drop since October 2008

Most Gulf stock markets fell on Monday, tracking volatile oil prices, while Egypt's bourse jumped after energy major Eni announced a potentially huge natural...

Embattled President Hadi returns to Yemen after six-month exile

President Abed Rabbo Mansour Hadi set foot in Yemen on Tuesday for the first time since Shiite rebels drove him into exile in Saudi...

Soaring rent prices in Riyadh increases burden on tenants 

Citizens and residents are complaining against the increasing prices of apartments in Riyadh which have risen by up to 90 percent in recent years....

Egypt's Sisi says won't let the lights go out in Sharm el-Sheik

Egypt's President declared on Wednesday that the 'lights will not be going out in Sharm al-Sheikh', as he visited the Red Sea resort hit...

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