LAGOS: The new head of Nigeria's state oil company has said the country's fuel subsidy was an unsustainable drain on the economy, calling for deregulation of the oil and gas sector.
NEW YORK: Is the bull market, which started after the lows of early 2009, coming to an end? Let's have a look at some data, as well as the arguments pro and con, to see if we can find any insight.
TOKYO: The word gaijinis used in Japan both to describe foreigners, and to suggest their inability to truly understand Japanese culture.
NEW YORK: Wednesday's highly anticipated release of the Federal Reserve minutes of last month's policymaking meeting did little to answer decisively the question on the minds of many market participan
NEW YORK: Well, that was fun while it lasted.
JEDDAH: US crude oil prices on Friday plunged below $40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing streak in 29 years after a further rise in US
NEW DELHI: India said Friday it will sell a 10 percent stake in top performing state-run refiner Indian Oil Corporation, the latest effort to raise money to plug the fiscal deficit.
DUBAI/LONDON: Some of OPEC's Gulf members are concerned about the latest drop in oil prices which had not been expected, OPEC delegates said, but they see little chance of the exporting group divertin
JEDDAH: The Saudi mobile industry holds bright prospects due to the visionary and pragmatic leadership of the Communications and Information Technology Commission.
OSLO: Norway on Friday gave its green light to the development of the mammoth Johan Sverdrup gas field in the North Sea, the first phase of which is worth 12.7 billion euros alone.
© Copyright of Arab News 2015