Kuwaiti telecoms giant Zain's net profit rose slightly in the first quarter of 2017 due to difficulties in some regional markets, the company said on Tuesday. Zain, one of the largest mobile...
The price of OPEC basket of thirteen crudes stood at $49.26 a barrel on Monday, 1 May, 2017, compared with $49.32 the previous Friday, according to OPEC Secretariat calculations. The OPEC Reference...
Oil-exporting Arab states of the Gulf are heading "in the right direction" to plug budgetary gaps thanks to fiscal reforms, but more change is still necessary, the International Monetary Fund said...
Men, women and children stand in separate lines in the scorching sun baking west Mosul's Baghdad Square for a turn in one of the two white mobile clinics. For these Iraqis, displaced by fierce...
High-ranking Fifa official Sheikh Ahmad Al-Fahad Al-Sabah has resigned a day after denying claims linking him to a fraud case. Following the release of court documents, Kuwaiti Sheikh Ahmad was...
High-ranking Fifa official Sheikh Ahmad Al-Fahad Al-Sabah has resigned a day after denying claims linking him to a fraud case. Following the release of court documents, Kuwaiti Sheikh Ahmad was...
Gulf Arab states pledged Thursday to fight "terrorism" and "foreign interference" across the region. In a joint statement following a summit in Riyadh, interior ministers of the six-nation Gulf...
A new round of peace talks between Yemen's warring sides should begin by the end of May, the UN mediator said Wednesday, as alarm grows over the country's humanitarian crisis. UN special envoy Ismail...
A Saudi novelist has won the International Prize for Arabic Fiction, becoming the third author in 10 years from the kingdom to grab the Arab world's most prestigious literary award. Mohammed Hasan...
The two church bombings that killed dozens in Egypt this month targeted unity among Muslims and Christians in the most populous Arab nation, Coptic Pope Tawadros II said Tuesday. Suicide bombers from...
Prominent Kuwaiti opposition leader Mussallam al-Barrak called on Monday for national reconciliation to rescue the oil-rich Gulf state just days after his release from jail. Barrak, 61, was freed...
The chief of Qatar Airways on Monday accused American carriers complaining over alleged subsidies to Gulf airlines of "bullying", as he announced new US routes in defiance of mounting airport...
Prominent Kuwaiti opposition leader Mussallam al-Barrak was released from prison Friday after serving a two-year sentence for insulting the emir in public. Barrak, 61, walked out of Kuwait's central...
Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed for the first six months of the year in order to achieve the desired rebalancing...
Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed for the first six months of the year in order to achieve the desired rebalancing...
Oil-exporting cartel OPEC is confident that production cuts agreed with non-members to prop up prices will lead to a recovery in the market, its chief said on Wednesday. "We are optimistic that the...
Economic growth in Saudi Arabia and most other Arab oil exporters will slow this year following production cuts aimed at propping up energy prices, the International Monetary Fund said Tuesday. In...
A young Saudi woman who was seeking asylum in Australia was stopped on a layover in the Philippines and returned to the kingdom against her will, activists fearing for her safety have said. In...
Activists feared Friday for the safety of a young Saudi woman they say was returned to the kingdom against her will, in a case highlighting tight restrictions on women. Dina Ali Lasloom, 24, intended...
Oman Oil Company and Kuwait Petroleum International signed Monday an agreement to build a refinery worth around $7 billion in the sultanate's southern port town of Duqm. The 50-50 joint venture will...