U.S. stocks poised for higher open as Russian-Saudi surprise lifts oil prices
U.S. stocks were set to start the week in an upbeat mood on Monday, with oil prices rallying after Saudi Arabia and…
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Saudi Arabia
Putin: Extending oil output cuts will ensure stable oil prices
Russia’s President Vladimir Putin said Monday that extending oil output cuts for a further nine months would ensure…
Oil jumps after Saudis, Russia say supply cut to be extended to March 2018
Oil prices jumped over 1.5 percent on Monday after the energy ministers of the world's two biggest producers Saudi…
US crude settles at $47.84, breaking three-week losing streak
Oil prices were little changed on Friday, as evidence that U.S. production was still rising overshadowed hopes…
Egypt’s president may attend US-Arab Islamic summit in Saudi Arabia
The Saudi Okaz newspaper has reported that Riyad invited Egyptian President Abdel Fattah al-Sisi and leaders of…
Powerful Saudi prince sees no chance for dialogue with Iran
Saudi Arabia's powerful deputy crown prince ruled out on Tuesday any dialogue with arch rival Iran and pledged to…
Egypt’s Sisi: Red Sea island deal not meant to curry favour with Riyadh
Egypt’s President Abdel Fattah al-Sisi has said his administration is not interfering with the judicial and…
Saudi Arabia has led tourist traffic to Egypt in 2016: minister
Arab tourism influx to Egypt during the past year accounted for 36.3 percent of the total traffic of 5.3 million…
Saudi Arabia-Egypt trade exchange amount to $4.3 billion in 2016: minister
Egypt’s trade exchange with Saudi Arabia had amounted to around $4.3 billion during 2016, Egyptian trade minister…
Saudi Arabia restores civil service and military allowances
Saudi Arabia's King Salman issued a royal decree on Saturday restoring financial allowances for civil servants and…
