A view of the Shaybah facility at twilight.
Hardly three months passed since the third Afro-Arab summit concluded in Kuwait and some troubling signals have started to show up.
DETROIT: Automakers are going to have to work a little harder for your business in 2014.
BEIJING: A top Chinese financial regulator has suggested the country could introduce a tax on foreign exchange transactions among other steps to guard against speculative capital flows amid further ec
Saudi nonoil exports rose by 14.5 percent to reach SR50.69 billion in the third quarter of 2013 compared to the figures of the same period last year, according to a report released by the Central Depa
LONDON: Gold rose to a two-week high, as traders returned to the market after prices plunged to a six-month low, and as subdued equities spurred demand for the metal as a safe-haven asset.
ABU DHABI: Abu Dhabi's Advanced Technology Investment Company (ATIC) plans to invest up to $10 billion over the next two years in GlobalFoundries' New York semiconductor factory, its chief executive s
NEW YORK: Stock funds worldwide attracted $4.4 billion in new cash in the latest week, bringing record inflows to about $251 billion last year after the US Federal Reserve’s bond-buying stimulus fue
Happy New Year! For the first time since 2008, we investors, economists and businesspeople say these words without irony.
KARACHI: Pakistan's main stock exchange closed higher on Friday, driven by traditional market leaders telecommunications and cement stocks.
COLOMBO: The Sri Lankan rupee ended steady on Friday after a state bank bought dollars to prevent appreciation due to inflows, dealers said, a day after the central bank said it expected the rupee to
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