(File Photo / Reuters) MUSCAT: Oman’s cabinet approved in principle a series of spending cuts and tax rises to cope with the damage...
(File Photo / Reuters) MUSCAT: Oman’s cabinet approved in principle a series of spending cuts and tax rises to cope with the damage...
Saudi Arabian finance minister Ibrahim Alassaf (Reuters / File Photo) RIYADH: Saudi Arabian finance minister Ibrahim Alassaf said the kingdom expects to introduce...
DOHA: More than 80 percent of business leaders across the Gulf Region identify corruption as a problem, demonstrating a growing awareness of corruption...
A Saudi man walks past a pump at a petrol station on December 28, 2015 in the Red Sea city of Jeddah. AFP...
Jeddah: Saudi Aramco intends to build the largest industrial complex for gas in the world a cost of $2.1 billion in Jazan. The...
DUBAI: Saudi Arabia has raised domestic energy prices, including fuel prices, state news agency SPA said on its Twitter account on Monday. Domestic...
Riyadh: Saudi Arabia projected a deficit of $87 billion as it issued its 2016 budget on Monday, the kingdom's third annual shortfall in...
By Aref Mohammed and Ahmed Rasheed BAGHDAD: Iraq, OPEC’s second-largest producer, has approached PetroChina and ExxonMobil about investing in a multi-billion-dollar project to...
Riyadh: OPEC member Saudi Arabia posted a record $98 billion budget deficit in 2015 due to the sharp fall in oil prices, the...
(Reuters / File Photo) By Celine Aswad DUBAI: Gulf stock markets edged higher on Sunday with Saudi Arabia rising in the final hour...
DUBAI: Dubai plans to raise state spending by 12 percent in 2016 as it invests in infrastructure to sustain economic growth, but an...
DUBAI: Saudi Telecom Co (STC) has offered to buy the shares in Sale Advanced Co it does not already own for 400 million...
Banks report sporadic disruption Wave of attacks has gone on for two weeks Network specialist says barrage is intensifying By Can Sezer and...
By Tom Arnold and David French DUBAI: A global boom in mergers and acquisitions has largely bypassed the Middle East where regional deals...
Egypt, which depends on oil and gas imports, has faced a sharper decline in foreign currency receipts since the Russian airliner disaster in...
Israeli Ambassador to the United States Ron Dermer (R) speaks to members of Congress about Israel's air campaign against Hamas for missile attacks...
Beijing: China and Iraq pledged to establish a long-term, stable energy partnership with a memorandum of understanding (MoU) signed on oil and gas. ...
DUBAI: Emerging markets-focused investor Abraaj and a partner have sold 83 percent of their stake in Tunisia's second-largest pharmaceuticals company Unimed ahead of ...
