MENA News Saudi prince unveils sweeping plans to end ‘addiction’ to oil Noha Gad Apr 26, 2016 0 The powerful young prince overseeing Saudi Arabia's economy unveiled ambitious plans on Monday aimed at ending the…
Industry & Trade BP eyes more spending cuts after 80% profit drop Noha Gad Apr 26, 2016 0 BP (BP.L) said on Tuesday it could cut capital spending further after reporting an 80 percent drop in profits in…
forex news Oil prices dip on looming production race between Saudi Arabia, Iran Noha Gad Apr 26, 2016 0 Crude oil futures dipped on Tuesday as analysts warned of an intensifying producer race between Saudi Arabia and…
forex news Oil falls as traders cash in after three weeks of gains Noha Gad Apr 25, 2016 0 Oil prices dipped on Monday as traders took profits after three weeks of gains and as a jump in the dollar late…
Industry & Trade Oil gloom hurts General Electric’s earnings Yomna Yasser Apr 23, 2016 0 The global oil-market rout continued to weigh on General Electric Co., which posted a quarterly fall in operating…
International News Pemex oil plant explosion death toll rises to 28 Noha Gad Apr 23, 2016 0 Mexican state oil giant Pemex said on Friday that the death toll from a petrochemical plant blast in the…
USA Wall Street ends flat; Alphabet and Microsoft tumble Noha Gad Apr 23, 2016 0 Wall Street finished flat on Friday after disappointing quarterly reports from Microsoft and Alphabet slammed tech…
forex news Oil up, marking third week of gains as market sentiment improves Noha Gad Apr 23, 2016 0 Oil prices rose on Friday and notched their third straight week of gains as market sentiment turned more upbeat…
International News Three dead, dozens injured in blast at chemical plant in Mexico Noha Gad Apr 21, 2016 0 A massive explosion rocked a major petrochemical facility of Mexican national oil company Pemex in the Gulf state…
World Asian shares near five-and-a-half-month highs on oil rally Noha Gad Apr 21, 2016 0 Asian shares reached a 5-1/2-month high on Thursday as oil prices rallied over 4 percent overnight thanks to a…