Abu Dhabi: The economy of the United Areab Emirates (UAE) is resilient to low oil prices, Economy Minister Sultan Saeed Al Mansouri said....
Abu Dhabi: The economy of the United Areab Emirates (UAE) is resilient to low oil prices, Economy Minister Sultan Saeed Al Mansouri said....
Senior executive says company to be in Iran long-term Savola share price plunges on concerns over Saudi-Iran dispute Savola is one of few...
Firefighters walk at Address Downtown Dubai hotel and residential block, which was hit by a blaze during New Year celebrations, in Dubai on...
ISTANBUL: Tesco’s subsidiary in Turkey has decided to hang onto some of its stores instead of selling them to rival Turkish retailer Begendik...
Dubai: Dubai's non-oil foreign trade reached Dh966 billion during the first nine months of 2015, compared to Dh988 Billion over the same period...
DUBAI: Saudi Electricity Co (SEC) signed a 3.677 billion riyal ($979.91 million) deal to build a combined cycle power plant in Waad Al...
(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...