Energy

Crude Prices to Further Fall by year-end despite Political Tension in Saudi Arabia »

01:48 pm | Analysts expect oil prices to come down by year-end despite the political tension inside Saudi Arabia, OPEC’s main producers, and the turmoil plaguing several other oil producing countries. Ahead of next week’s OPEC…

Nov 22 2017 / Read More »
Gulf News

Saudi Arabia’s Miscalculations Start to Backfire »

12:02 am | Mired in a protracted conflict in Yemen and threatened by the rise of the Shia crescent in Iraq, Syria…

Nov 25 2017 / Read More »

Saudi Arabia & Arab Allies Add 13 Qatar-linked Individuals to Terror List »

04:02 pm | The Arab quartet led by Saudi Arabia and including the UAE, Bahrain and Egypt have added two organizations and…

Nov 24 2017 / Read More »

KSA: Tourist visa to be available as of next year »

01:24 pm | Saudi Arabia is planning to start issuing tourist visa from next year in its drive to open the country…

Nov 24 2017 / Read More »

KSA: football team coach sacked two months after appointment »

05:03 pm | The Saudi football federation (SAFF) saw off Argentine technician Edgardo Bauza just two months after naming him to train…

Nov 23 2017 / Read More »

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Energy

  • Crude Prices to Further Fall by year-end despite Political Tension in Saudi Arabia

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  • KSA: Riyadh to start local uranium production to support nuclear program

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  • KSA: China stretches out to buy five per cent shares of Aramco

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  • KSA: $67bn investment in renewable energy over 5 years

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  • Oman: Shell pulling out of Mukhaizna oil field

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  • Total Boss expanding business ties with Iran

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  • KSA and Russia to bolster cooperation through $1bn-fund for energy

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  • UAE: NOC to reduce oil production in November as expected by OPEC

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  • UAE: 5,600 megawatt nuclear power plant to start operation next year

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  • KSA: Fuel price to soar up by November

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  • Iran-Nuclear Deal: Tehran doubles down threats to resume uranium enrichment by 20 per cent

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  • Teheran lodges complaints with Nuclear Pact watchdog over Washington’s violation

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  • Qatar announces LNG output increase, says siege ineffective

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  • Palestine: Egypt sends 1 million liters of diesel fuel to ease power crisis in Gaza

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Saudi Arabia’s Miscalculations Start to Backfire »

12:02 am | Mired in a protracted conflict in Yemen and threatened by the rise of the Shia crescent in Iraq, Syria and Lebanon with fears of an uprising of its own Shia population or those in neighboring Bahrain, Saudi Arabia has taken a series of aggressive foreign policy decisions that only reflect the domestic turmoil it is…

Nov 25 2017 / Read More »

Saudi Arabia’s Miscalculations Start to Backfire »

12:02 am | Mired in a protracted conflict in Yemen and threatened by the rise of the Shia crescent in Iraq, Syria and Lebanon with fears of an uprising of its own Shia population or those in neighboring Bahrain, Saudi Arabia has taken a series of aggressive foreign policy decisions that only reflect the domestic turmoil it is…

Nov 25 2017 / Read More »

Crude Prices to Further Fall by year-end despite Political Tension in Saudi Arabia »

01:48 pm | Analysts expect oil prices to come down by year-end despite the political tension inside Saudi Arabia, OPEC’s main producers, and the turmoil plaguing several other oil producing countries. Ahead of next week’s OPEC meeting in Vienna, crude oil prices are slightly falling with the possibility of hitting $52.60 per barrel by the end of 2017…

Nov 22 2017 / Read More »

Saudi Arabia’s Miscalculations Start to Backfire »

12:02 am | Mired in a protracted conflict in Yemen and threatened by the rise of the Shia crescent in Iraq, Syria and Lebanon with fears of an uprising of its own Shia population or those in neighboring Bahrain, Saudi Arabia has taken a series of aggressive foreign policy decisions that only reflect the domestic turmoil it is…

Nov 25 2017 / Read More »

EBRD Earmarks €15 mln to Supporting Small Businesses in Morocco, Tunisia & Egypt »

04:58 pm | The European Bank for Reconstruction and Development (EBRD) has committed €15 million to Mediterrania Capital III Funds to boost small businesses in Egypt, Morocco and Tunisia. This funding is part of the first close of Mediterrania Capital III LP (MC III), which could increase up to €35 million in subsequent closings, the EBRD said in…

Nov 15 2017 / Read More »

Gulf News

Saudi Arabia’s Miscalculations Start to Backfire »

12:02 am | Mired in a protracted conflict in Yemen and threatened by the rise of the Shia crescent in Iraq, Syria and Lebanon with fears of an uprising of its own Shia…

Nov 25 2017 / Read More »

Finance

Russian Tourists Bring About Rebound in Turkey’s Tourism Sector »

01:04 am | Plagued by security fears following an attempted coup and a series of terrorist attacks, Turkey saw its tourism revenues dwindle to $22.1…

Nov 9 2017 / Read More »

Dozen Saudi Princes Arrested in “Corruption” Purge by MBS »

06:18 pm | A major purge of Saudi political and business leaders has been launched by Saudi Crown Prince, Mohammed bin Salman, aka MBS, in…

Nov 5 2017 / Read More »
Cash-strapped Bahrain asks Gulf Allies for Financial Assistance » UAE: IMF projects a 3.4 per cent economic growth in 2018 » KSA: Local SMEs get financial boost with $1.07bn Fund » Gulf Crisis: Doha Bank in UAE begins staff cutting as spat continues » Oman gets $3.55 billion loan from Chinese financial institutions »

EBRD Earmarks €15 mln to Supporting Small Businesses in Morocco, Tunisia & Egypt »

04:58 pm | The European Bank for Reconstruction and Development (EBRD) has committed €15 million to Mediterrania Capital III Funds to boost small businesses in Egypt, Morocco and Tunisia. This funding is part…

Nov 15 2017 / Read More »

World News