DUBAI: Kuwait’s cabinet called for practical steps to address the slide in oil prices yesterday at a special session convened to examine weakening...
DUBAI: Kuwait’s cabinet called for practical steps to address the slide in oil prices yesterday at a special session convened to examine weakening...
DUBAI: Opec hawks Iran and Venezuela yesterday called on fellow crude producers to shore up prices that have plunged more than 30 percent...
A general view of the offshore Kristin oil and gas platform in the North Sea, east from Kristiansund. Norway looks set actually to...
ACAPULCO: Saudi Arabia, the world’s top oil exporter, will double its natural gas output by 2030 but plans to keep all of it...
CAIRO: Egypt plans to repay all of its $4.9bn debt to foreign oil and gas companies within six months, the oil ministry said...
Investors monitor screens at the Saudi Stock Exchange in Riyadh. Shares in Saudi Arabia’s biggest lender, National Commercial Bank, jumped the 10 percent...
Participants at the British Standards Institution’s (BSI) ISO Revisions event held in Doha. Over 100 senior officials attended the event, which was targeted...
ABU DHABI: The United Arab Emirates’ credit bureau has begun covering retail customers and plans to extend its work to companies next year,...
BRUSSELS: Abu Dhabi’s Etihad Airways is set to win conditional EU antitrust approval for its purchase of 49 percent of Alitalia, two people...
DUBAI: Kuwait’s Agility, the largest Gulf Arab logistics group, posted an eight percent increase in third-quarter net profit yesterday, as earnings from its...
DUBAI: Kuwait’s government budget surplus reached KD8.97bn ($31bn) in the first six months of this fiscal year as expenditure remained well below the...
ABU DHABI: Iran will have to offer attractive terms to draw investment by international oil companies because the firms have become more risk-averse...
DUBAI: A Dubai company plans to launch a $689m initial public offer of shares this month as it builds a $2.9bn amusement park...
ISTANBUL: The Turkish government said a company that chopped down 6,000 valuable olive trees in order to build a new power plant must...
CAIRO: SODIC, Egypt’s third-largest listed property group, reported a 37.4 percent rise in nine-month net profit yesterday on the back of strong sales...
ABU DHABI: Markets should not panic over the recent plunge of oil prices because the situation will resolve itself, Opec Secretary-General Abdullah Al...
TUNIS/BENGHAZI: Libya’s escalating political struggles threatened to derail the recovery in the country’s oil sector, as a commander in charge of security at...
ABU DHABI: Kuwait’s government is looking at adjusting its petrol subsidies in order to reduce waste, a senior Kuwaiti official said yesterday in...