JUBAIL: The Saudi electricity sector needs an estimated SR700 investment in the next 10 years with a large percentage expected from the private sector, said Saleh bin Hussain Al-Awaji, deputy minister
While Middle Eastern and African countries enter into one crisis after another, none of which ever nearing an end, the Gulf Cooperation Council countries, led by Saudi Arabia, offer a successful examp
CAIRO: Egypt expects to import 28.6 million tons of crude oil, liquefied natural gas (LNG) and other oil products worth a total of almost $16 billion in 2015-16, the planning ministry said.
LAHAINA, Hawaii: Pacific Rim trade ministers failed to clinch a deal on Friday to free up trade between a dozen nations after a dispute flared up over auto trade between Japan and North America, New Z
BEIJING: Growth at China's big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that the economy nee
FRANKFURT/SAN FRANCISCO: BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world's top maker of electronic gadgets to the headquarters of the word's bi
BRUSSELS: Euro zone inflation was unchanged in July as a further decline of energy prices negated the impact of more expensive industrial goods and services, leaving the European Central Bank with mor
TOKYO: Japanese electronics giant Sharp said Friday its net loss widened in April-June as it struggles through a painful restructuring and weak sales of display screens and smartphones.
SEOUL: South Korea's exports shrank in July for a seventh straight month due to sluggish global demand and low oil prices, government data showed Saturday.
WASHINGTON: Global ridesharing startup Uber has closed a deal raising nearly $1 billion in fresh capital, pushing its valuation to more than $50 billion, the Wall Street Journal reported Friday.
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