Fitch downgrades Saudi Arabia ratings to AA- from AA
Fitch Ratings downgraded Tuesday Saudi Arabia’s long-term issuer default rating to AA-from AA, and said its oil…
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oil prices
Dubai stocks lead advance in gulf bourses as oil roses above $40
Gulf Arab stocks surge after oil, the region’s main source of income, rebounded to the highest level this year.…
No more “free” Saudi money for Egypt: Saudi businessman
Saudi Arabia's financial support for strategic ally Egypt will no longer involve "free money" and will increasingly…
Shell ups investments 13% despite falling oil prices: Egyptian official
Oil giant Shell has boosted its investments in Egypt by 13 percent approximately despite the continued declines in…
Saudi stocks up despite lower oil prices
Investors in Saudi Arabia's stock market shrugged off further losses in oil prices in early trade Monday. Riyadh's…
UK FTSE 100 tips toward third straight decline
U.K. stocks are struggling for direction Monday, though energy company shares slipped as oil prices continued to…
Saudi stocks edges down on petrochemicals at early trade
Saudi Arabia stock market was pulled down by petrochemical shares after Brent crude oil fell back below $40 a…
U.S. Stocks close mixed
U.S. stocks ended mixed Monday in low volume trade as investors eyed oil prices and awaited data and comments from…
‘Low Oil Prices Make Suez Canal Unattractive’: German paper
Egypt’s Suez Canal is being used by fewer ships than usual as the trade route has become more expensive than the…
European stocks close lower driven by miners, energy
European stocks ended lower Monday, swaying between small gains and losses and tracking moves in the U.S. dollar…