DUBAI: The speed of decline in Saudi Arabia's foreign reserves slowed in July after the government began issuing domestic debt to cover part of a budget deficit created by low oil prices, central bank
JEDDAH: There were all-round cheers as oil prices showed their first signs of recovery on Thursday.
DUBAI: Major Gulf stock markets rose sharply on Thursday, suggesting they had established short-term floors after several weeks of heavy selling, but their long-term outlook remained murky because of
LONDON: Global stock markets rose Thursday on renewed confidence in the US recovery after days of wild swings, but dealers warned that the specter of the slowing Chinese economy threatens more turbule
KIEV: Ukraine reached what its finance minister called a "win-win" deal with its largest group of creditors to ease repayments on its $18 billion debt, winning breathing space for an economy drained b
KUALA LUMPUR: Prime Minister Najib Razak is taking a page out of the playbook of mentor-turned-nemesis, former premier Mahathir Mohamad.
ABOARD AMERICAN AIRLINES FLIGHT 1223: Airline fare wars are making a comeback.
PARIS: French oil giant Total announced Thurs-day it had agreed to sell a North Sea gas terminal and two pipelines in a deal worth over $900 million in a move to help offset falling oil prices.
JEDDAH: The Saudi market volatility will continue for some time as falling oil prices have impacted the sentiment in the region, says a Jeddah-based economist.
LONDON: Global equity markets went on another rollercoaster ride Wednesday as China's interest rate cut showed no sign of ending a crisis fueled by fears over stalling growth in the world's number-two
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