Devaluation of Saudi currency would carry major political risk
The devaluation of Saudi Arabia's currency could cause such political instability that Riyadh has little choice but to stick to its promise to use...
China and UAE sign deals as president visits Abu Dhabi
China and the United Arab Emirates signed a raft of economic agreements Friday as President Xi Jinping held "extensive talks" in Abu Dhabi that...
EU pushes Greece on Syrian migrant crisis
The EU piled more pressure on Greece on Wednesday, telling Athens to improve conditions for refugees so that other overstretched member states can send...
Jeddah hit by heavy showers
Residents of Jeddah witnessed heavy rains in the city on Tuesday with many coming out on to the streets to watch the rare downpour.
Inclement...
Pentagon giving up on building new Syrian rebel force
The U.S. is abandoning its goal of training a new force of moderate Syrian rebels and will instead focus on equipping and supporting established...
Oil prices down as Turkey fears ease
Oil prices extended their decline in Asia Tuesday as the global glut returned to focus, while worries about the effects of Turkey's coup on...
Turkey to offer work permits for Syrian refugees
Turkey is to grant work permits to Syrian refugees, an official statement said Friday, in a key move which could allow Syrians to build...
Gulf investors hold back from UK property deals on Brexit fears
Gulf Arab investors, some of the biggest buyers of British real estate, are holding back from new deals because they fear a property price...
Oman says regrets attacks on Saudi missions in Iran
Oman expressed regret on Wednesday at attacks on Saudi diplomatic missions in Iran over Riyadh's execution of a Shi'ite Muslim cleric, but stopped short...
Security concerns send Turkish foreign visitor arrivals tumbling
The number of foreign visitors coming to Turkey tumbled 10 percent in February, the biggest drop in a decade, data showed on Tuesday, as...
