RIYADH: As an expression of his gratitude to the Saudi nation and its people, Prince Alwaleed bin Talal announced the resumption of the two Alwaleed Philanthropic projects that consist of providing 10
ATHENS: Greece’s finance minister accused creditors of trying to “terrorize” Greeks into accepting austerity, warning Europe stood to lose as much as Athens if the country is forced from the euro afte
BEIJING: China’s top securities brokerages said that they would collectively buy at least 120 billion yuan ($19.3 billion) of shares in a bid to stabilize the country’s stock markets after a slump of
TOKYO: Japan's Toshiba Corp.
Saudi Arabia’s benchmark Tadawul All-Share Index continued its downward momentum, marking another weekly decline of 2.47 percent.
HOUSTON: The insurance protecting shale drillers against plummeting prices has become so crucial that for one company, SandRidge Energy, payments from the hedges accounted for a stunning 64 percent of
DUBAI: Kuwait is considering issuing bonds among various options to finance a budget deficit created by low oil prices, Finance Minister Anas Al-Saleh said on Thursday.
JOHANNESBURG: North America has a population of about 500 million, and two-fifths of them are on Facebook. In Africa, with more than 1 billion people, just 120 million use the social network.
LONDON: Iranian steelmakers have asked the government to raise import duties for certain steels by up to 40 percent as protectionism in the global steel sector gathers pace amid a flood of cheap sales
DUBAI: Dubai International Airport recorded a 23.2 percent jump in passenger traffic in May reflecting runway maintenance a year earlier, the operator of the world’s busiest airport by international t
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