Abdullatif Al-Othman, governor of SAGIA, with top Russian officials at the event
Abdullatif bin Ahmed Al-Othman, governor of SAGIA, speaks to media personalities at the event.
JEDDAH: Gulf stock markets mostly fell on Monday because of weak oil prices, while a slide of shares in Orascom Telecom Media dragged down Egypt’s bourse.
ABU DHABI: Rising from the desert outside Abu Dhabi, Masdar city is laying the groundwork for when the UAE’s oil wells run dry.
DAMMAM: The 7th Saudi Arabia International Oil and Gas Exhibition 2015 (SAOGE) opened on Monday, with the participation of 180 companies from 25 countries. Sixty percent of the firms are local.
TEHRAN: Algerian Prime Minister Abdelmalek Sellal urged leading oil market players to reach agreement on levels of production for the sake of price stability in a speech at the Gas Exporting Countries
CAIRO: Egypt has secured a first tranche of financing for an 8 billion euro ($8.5 billion) plan for power plants to be built by Germany’s Siemens, the company and electricity ministry said.
JEDDAH: Moody’s Investors Service has maintained its stable outlook on the Saudi Arabian banking system, reflecting the rating agency’s expectation that in the context of persistently low oil prices,
BRUSSELS: Eurozone business activity hit a four-and-a-half year high in November, helping create much-needed jobs in a broad-based upturn despite the impact on France of the Paris attacks, a key surve
LONDON: The attacks in Paris that killed 130 people and wounded hundreds more are hurting the French economy at a time when the wider 19-country euro zone appears to be growing at the fastest pace in
HONG KONG: The founder of Chinese e-commerce giant Alibaba is in talks to buy a stake in the publisher of Hong Kong’s South China Morning Post newspaper, Bloomberg News reported.
NEW YORK: Viagra-maker Pfizer and Allergan, the maker of Botox, said they will merge to create the world’s biggest pharmaceutical group in a deal worth around $160 billion (151 billion euros).
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