The volume of beauty and cosmetic market is poised to grow by 20 percent in the current year to hit SR9.33 billion compared to SR 8 billion in 2014, an expert told local media.
PARIS: The International Energy Agency (IEA) elected Turkish economist Fatih Birol as executive director, the Paris-based agency confirmed on Friday, a day after it was announced by Turkey.
LONDON: The world's three big energy agencies are forecasting higher demand for OPEC's crude oil this year, a sign the producing nations' strategy to let prices fall is starting to win them back marke
NEW DELHI: Indian state refiners reported large losses on inventory for the third quarter, hit by the rapid decline in global oil prices, though some were helped by swift payment of government subsidi
WASHINGTON: Travelers arriving bleary eyed to crowded US airports won’t have to fill out onerous customs forms by the end of 2016, the government said, part of a drive to curb lengthy waits.
LONDON: Oil rose above $60 a barrel on Friday for the first time this year, bringing gains this week to almost 4 percent, supported by signs that deeper industry spending cuts may curb excess supply.<
LONDON: Gold rose one percent on Friday, erasing a week of losses, as the dollar dropped on weaker than expected US economic data.
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received Prince Charles, the prince of wales, and an accompanying delegation in Riyadh at Kingdom Resort.
DUBAI: Minister of Petroleum and Mineral Resources Ali Al-Naimi discussed OPEC and the oil market with officials from Russia and Algeria on Wednesday, Saudi state news agency SPA reported.
Saudi Arabia’s inflation fell to 2.2 percent in January, according to official data.
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