Al KHOBAR: Saudi Arabia produced 9.745 million barrels per day of crude oil in November, little changed from the previous month, when it...
Al KHOBAR: Saudi Arabia produced 9.745 million barrels per day of crude oil in November, little changed from the previous month, when it...
NICOSIA: Tourism spending in Cyprus in the first 10 months of 2013 hit ¤1.95bn, more than last year’s total, boosting hopes the sector...
DUBAI: A unit of Dubai World has sold its Atlantis resort, which sits on a palm tree-shaped island in the Gulf, in an...
VIENNA: Iran’s leading oil negotiator says Tehran wants Western oil companies to revive its giant ageing oilfields and develop new oil and gas...
From left: Mostafa Higazi, the Presidential Adviser for Political Affairs, Egypt’s Finance Minister Ahmed Galal, Egypt’s Central Bank Governor Hisham Ramez and Egypt’s...
VIENNA: Iran yesterday named seven Western oil companies it wants back in its vast oil and gas fields once international sanctions are lifted...
RIYADH/DUBAI: Saudi Arabia’s economy expanded at an annual rate of 3.1 percent in the third quarter, only half as fast as it grew...
VIENNA: Iran and Iraq yesterday put Opec on notice of substantial oil output increases to come, saying others in the producer cartel will...
DOHA: Qatar’s real estate market witnessed a growing demand for high quality properties during the third quarter of 2013. On the other hand,...
LONDON: Egypt has postponed any decision on taking a $4.8bn loan from the IMF as financial aid from Gulf states has given Cairo...
DUBAI: Dubai luxury real estate developer Damac got a lukewarm response to its share offering in London yesterday, a sign that international investors...
RIYADH: Saudi Arabia needs to strengthen its private sector to satisfy demand for jobs by its young population and reduce its dependence on...
VIENNA: Bijan Zanganeh returns this week to the same Vienna hotel suite he last occupied eight years ago as Iranian oil minister, ready...
DOHA: Promoting Qatari companies to play a bigger role in future projects, the Public Works Authority, (Ashghal) yesterday commenced a series of industry...
KUWAIT: Kuwait Airways has signed a contract with Airbus to buy 25 new aircraft and lease 12 other new planes in the biggest...
DUBAI: Etisalat could resurrect talks to sell its Sudanese telecom arm Canar to Kuwait’s Zain, as both sides remain keen on a deal...
DUBAI: Etisalat could resurrect talks to sell its Sudanese telecom arm Canar to Kuwait’s Zain, as both sides remain keen on a deal...
ANKARA: Turkey and Iraqi Kurdistan signed a multi-billion-dollar energy package this week that will help transform the semi-autonomous region into an oil and...