DUBAI--National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, has signed a deal to buy five very large crude...
DUBAI--National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, has signed a deal to buy five very large crude...
ANKARA--The Turkish arm of French carmaker Renault on Saturday offered concessions including a cash lump sum to striking workers if they return to...
Latest Last change Previous Central bank o/n deposit 8.75 01/15/15 9.25 Central bank o/n lending 9.75 01/15/15 10.25 Central bank discount rate 9.75...
DUBAI--Gulf stock markets may come under pressure on Sunday after oil prices fell and Islamic State militants carried out their first attack in...
Tehran--Iran can no longer sustain the billions of dollars needed to pay cash handouts enacted by former president Mahmoud Ahmadinejad, a top official...
KHARTOUM-- Sudan's inflation rate climbed to 24.3 percent in April from 23.2 percent in March, the Central Statistics Office said on Sunday, marking...
RIYADH--Saudi Arabia's Central Department of Statistics released the following April consumer price data on Sunday, showing inflation flat at its March level, which...
KHOBAR, Saudi Arabia-- Saudi Arabia's PetroRabigh has restarted a vacuum distillation unit after unscheduled maintenance at its 400,000 barrel per day oil refinery,...
ABU DHABI-- Abu Dhabi investment firm Waha Capital plans to invest up to 4 billion dirhams ($1.08 billion) by 2020, the company said...
DUBAI-- Kuwait's Agility, one of the largest Gulf logistics companies, reported a 5 percent rise in first-quarter net profit on Sunday. The firm's...
DUBAI-- Mixed messages from the oil market and concern that full-scale fighting in Yemen may soon resume could leave Gulf bourses trading sideways...
DUBAI: Emirates, Dubai's flagship airline, reported a 40 percent jump in annual net profit on Thursday, aided by savings from lower oil prices....
Dubai: Gulf oil exporters must reduce spending, including subsidies, and diversify their economies to cope with lower revenues caused by the sharp drop...
DUBAI--- Burgan Bank, Kuwait's third-largest lender by assets, reported a 2 percent rise in first-quarter net profit on Monday, missing analysts' forecasts. Burgan,...
Beirut--Lebanon's land exports to Gulf markets have been choked off, leaving millions of dollars in goods stranded after the closure of a vital...
DUBAI: Banks are tightening lending conditions for small, private companies in the Gulf — a sign that the region’s economies are not escaping...
A mirror reflection shows an employee working in a foreign exchange office in central Cairo. CAIRO: Egypt’s currency black market, a thorn in...
LONDON: Saudi Arabia has a response to the global surplus of oil: Raise output to near-record levels and then pump even more. The...
