MENA News Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting Ghada Ismail Nov 30, 2016 0 Iran and Iraq are resisting pressure from Saudi Arabia to curtail oil production, making it hard for the…
International News Saudi energy minister Khalid al-Falih: Oil market will balance without output cuts Yomna Yasser Nov 28, 2016 0 Saudi Arabia's energy minister Khalid al-Falih revealed Sunday that he believed the oil market would balance itself…
forex news Oil prices fall 4% on OPEC uncertainty Yomna Yasser Nov 26, 2016 0 Oil prices dropped on Friday as much as 4 percent, dragged down by uncertainty over whether the Organisation of the…
MENA News Saudi wants OPEC to solve own problems before meeting non-OPEC Ghada Ismail Nov 26, 2016 0 Top OPEC oil exporter Saudi Arabia has told the producer group it will not attend talks on Monday with non-OPEC…
Financial Institutions Saudi Arabia on track for IMF 2016 budget deficit forecast Yomna Yasser Nov 24, 2016 0 Saudi Arabia is likely to reduce its budget deficit this year to the level forecast by the International Monetary…
Industry & Trade Egypt’s El-Molla heads to Saudi Arabia for 14th Mineral Resources Conference Noha Gad Nov 21, 2016 0 Egyptian Oil Minister Tarek El-Molla headed Monday to Saudi Arabia to partake in the 14th Arab International…
Industry & Trade Saudi Arabia, Egypt to complete power grid link in 2017: minister Yomna Yasser Nov 14, 2016 0 Egypt and Saudi Arabia will complete a project aimed at linking their electricity grids within 2017, Egyptian…
Tech news Kuwaiti Zain expects to finalize Saudi tower sale in H1- 2017 Ghada Ismail Nov 13, 2016 0 Kuwaiti telecoms group Zain expects to sell its mobile transmitter towers in Saudi Arabia for more than $500…
Arab Saudi stock market extends gains as govt payment plan spurs buying Yomna Yasser Nov 8, 2016 0 Stock markets in the Gulf went higher at early trade on Tuesday with Saudi Arabian shares heading for a fourth day…
Industry & Trade Saudi oil shipments to Egypt halted indefinitely: officials Noha Gad Nov 8, 2016 0 Saudi Arabia has informed Egypt that shipments of oil products expected under a $23 billion aid deal have been…