Russian Foreign Minister Sergey Lavrov (L) attends a joint press conference with United Arab Emirates Minister of Foreign Affairs Sheikh Abdullah bin Zayed...
Russian Foreign Minister Sergey Lavrov (L) attends a joint press conference with United Arab Emirates Minister of Foreign Affairs Sheikh Abdullah bin Zayed...
Riyadh: Saudi Arabia's fiscal reserves dropped to a four-year low last year as the government sought to finance a budget deficit caused by...
ERBIL: Iraq's Kurdistan region said on Monday it would pay international oil companies according to their contractual entitlements in 2016 as it grapples...
Additional airlines and routes lifted the traffic through Dubai Airport. Reuters By Nadia Saleem DUBAI: Dubai International Airport remained the world's busiest for...
By David French DUBAI: Bookings in Dubai’s tourism industry are looking strong for the first quarter of this year despite the fire which...
Photo credit: Noble Energy TEL AVIV: Partners in Israel’s Leviathan natural gas field should reach a final investment decision by the end of...
RIYADH: Saudi Arabia’s Jabal Omar Development Co is in talks with creditors after failing to make the first repayment, worth 650 million riyals...
DUBAI: Dubai’s Electricity and Water Authority (DEWA) said on Saturday it was calling on consulting firms to tender for advisory and regulatory development...
File photo of the main offices of Arab Bank in Amman. AFP Amman: Jordan's largest lender, Arab Bank Group, said on Saturday it's...
DUBAI: Dubai's Al Khaleej Sugar Refinery, the world's biggest port-based refinery, said on Saturday it was operating at only 70 percent of its...
Tehran: Iran expects to finalise within days a deal to buy up to 40 planes from ATR, the European manufacturer of turboprop aircraft,...
Tokyo: Japan's two-biggest airlines reported soaring profits Friday as a surge in tourism and lower fuel costs beefed-up their bottom line. Japan Airlines...
DUBAI: Net foreign assets at Saudi Arabia’s central bank fell 3.1 percent in December from the previous month to 2.283 trillion riyals ($609...
Iraqi people walk past the Rumaila oilfield in Basra, Iraq, January 26, 2016. REUTERS /Essam Al-Sudani DUBAI: OPEC Gulf countries and Saudi Arabia...
A man loads a truck at a export rice plant in the central Chainat province in Thailand, December 16, 2015. BANGKOK: Thailand plans...
ABU DHABI: National Bank of Abu Dhabi , the United Arab Emirates's largest lender by assets, reported a 24.5 percent drop in fourth-quarter...
DUBAI: Etihad Rail, the state-backed firm building a railway network in the United Arab Emirates, on Tuesday said it had suspended the tendering...
Lukoil says Russia needs to work with OPEC. OPEC sec-gen urges non-OPEC to help tackle excess supply. OPEC evaluating whether to hold emergency...