Economy

NEW YORK: Oil company ConocoPhillips has slashed its 2015 drilling budget, cutting it for the second time in less than two months as falling oil prices pressure petroleum-sector earnings....
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4% petchem surge spurs Saudi market

The smooth transition in Saudi Arabia with Custodian of Two Holy Mosques King Salman ascending the throne is expected to have a positive impact on the local stock market in the coming weeks, say Saudi






Gulf Bank profit up as it recovers from crisis

DUBAI: Kuwait's Gulf Bank, the country's fourth-largest lender by assets, reported a 10.7 percent rise in fourth-quarter net profit on Tuesday, and said it had recovered from the global financial cris







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