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Saudi Arabia

To match Feature MIDEAST-STARTUPS/

How Gulf stock markets are in early Monday; Saudi Arabia’s index fell

30/01/2017(0)
Major Gulf stock markets were weak in early trade on Monday in response to soft global equities and crude oil prices, although Dubai courier firm Aramex soared on a ... Read More
View of commercial center on Martyrs street in Kuwait city

Gulf markets rise in early trade, Kuwait continues bull run

23/01/2017(0)
Gulf stock markets mostly rose in early trade on Monday with Kuwait continuing a bull run that has made it by far the region’s best-performing bourse this year. The ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil prices mixed on Saudi commitment to cut output, investor scepticism

17/01/2017(0)
Oil markets were mixed on Tuesday, supported by growth in U.S. crude production and Saudi Arabia saying it would strictly adhere to a commitment to cut output, but held ... Read More
Oil-prices-petrol-pump

Oil prices edge up on reports of Saudi supply cuts, but details murky

11/01/2017(0)
Oil edged up on Wednesday, lifted by reports of Saudi supply cuts to Asia, but gains were capped by a lack of detail about the reductions and because of ... Read More
saudi-arabia-shaybah-oilfield-complex

Saudis expect 46% increase in oil revenue this year

04/01/2017(0)
Saudi Arabia has forecast its revenue from crude oil will significantly rise in 2017, as prices show a positive trend after the deal between OPEC, Russia and other producers ... Read More
saudia-arabia-money

Reports suggest the Saudi Arabia’s 2017 budget will include a monthly fee for expat workers

22/12/2016(0)
Saudi Arabia’s 2017 budget will reportedly include a monthly fee for expat workers in the kingdom. Arab News cited local reports as suggesting the fee would likely be a ... Read More
saudi-arabia

Saudi Arabia’s 2017 budget may partly solve huge deficit problem

15/12/2016(0)
Saudi Arabia’s budget next year is likely to reveal the kingdom has managed to reduce its massive deficit faster than economists predicted. That may allow Riyadh to increase spending ... Read More
High-gas-prices

Oil prices soar on global producer deal to cut crude output

12/12/2016(0)
Oil prices shot to their highest levels since mid-2015 on Monday after OPEC and other producers reached their first deal since 2001 to jointly reduce output in order to ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Oil price heads to $55 despite expected output rise

06/12/2016(0)
Russia and Saudi Arabia predicted to increase exports before agreed cuts start in January The oil price is powering on, adding to a 14 per cent advance since the ... Read More
An employee of Cosmo Energy Holdings' Cosmo Oil service station checks its nozzles at a branch in Tokyo

Oil price rally likely short-lived as OPEC deal not enough to reduce glut

02/12/2016(0)
The oil price rally sparked by an OPEC-Russia deal to cut output is likely to be short-lived, say traders in Asia, because the agreement may only draw more supplies ... Read More
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