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ABU DHABI: Saudi Arabia has cut the official selling price (OSP) for its benchmark Arab Light c...

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DOHA: The total value of disputes relating to major construction projects in the Middle East su...

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CAIRO:  Egypt’s central bank allowed the Egyptian pound to depreciate further yester...

Saudi Arabia to cut August medium, heavy crude oil prices

SINGAPORE:  Top oil exporter Saudi Arabia is expected to cut monthly prices for medium...

Hong Kong stocks open slightly lower

    Hong Kong---Hong Kong equities dipped in the first few minutes of trade...

Gulf Air honours staff for service, attendance

Staff and officials during the honouring ceremony. Manama: Gulf Air the national car...

Egypt stock market stays weak

  Cairo-- Egypt's bourse remained soft. The index slid 0.3 percent, with real e...

Turkish central bank says to keep policy cautious until inflation outlook improves

  ISTANBUL--- Turkey's central bank said on Tuesday it would keep its cautious ...

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DUBAI: Etisalat, the United Arab Emirates’ former telecoms monopoly, said yesterday restr...

Egypt looking into paying for Russian wheat in roubles

  CAIRO/MOSCOW-- Egypt, the world's largest wheat importer, is studying a propo...

Egypt agrees deal with BP for LNG supply

MILAN/CAIRO-- Egypt has agreed a liquefied natural (LNG) supply deal with British oil maj...

Saudis say to jointly invest up to $10bn with Russian fund

DUBAI:  Saudi Arabia’s government and a Russian state fund have signed a memoran...

Egypt to open New Suez Canal on  August 6, eyes economic boost

ISMAILIA: Egypt’s New Suez Canal will open on August 6, its overseer said yesterday, ...

Egypt to inaugurate Suez canal expansion August 6

  Ismailiya, Egypt - Egypt will inaugurate a "new Suez canal" shipping ro...

Turkey posts better than expected first quarter growth

Ankara--Turkey on Wednesday reported better-than-expected growth of 2.3 percent in the fi...

Qatar Airways announces Abha as eighth destination to Saudi Arabia

DOHA: Qatar Airways, which currently operates 82 weekly flights to seven key cities in Saud...

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Singapore: Islamic finance aims to move into infrastructure, as governments and bankers plan a ...

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Doha: Pepsi has inspired fans to connect with pop culture and entertainment in unparalleled way...

Malabar Gold opens shop in Oman Avenues Mall

Doha: Malabar Gold & Diamonds opened their relocated and expanded outlet in Oman Avenue...

Eastern Libyan state oil firm AGOCO pumps up to 290,000 bpd -spokesman

  BENGHAZI, Libya--- Libya's state oil firm AGOCO operating in the east is prod...

Oman's Bank Sohar launches $250 mln 3-yr debut loan - statement

  DUBAI--Oman's Bank Sohar has invited banks to participate in a $250 million d...