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Tuesday, June 30, 2015
Qatar conceded Monday that "much more needs to be done" on the controversial issue of labor reform following fresh criticism of the 2022 World Cup hosts over the pace of change.
Tuesday, June 16, 2015
Saudi Arabia opens US$585 billion stock market for direct foreign investment
Saudi Arabia's stock market, valued at US$585 billion, opened up to direct foreign investment for the first time Monday, as the kingdom seeks an economic boost amid low global oil prices.
Friday, June 5, 2015
OPEC likely to keep output target on hold
The price of crude remains too low for most OPEC member nations. But with the 12-nation cartel's control of supply and demand slipping, its oil ministers may have little choice this week but to sit back and do nothing.
Friday, May 29, 2015
Chaos hit Belgian airports on Wednesday when an electrical failure at air traffic control in Brussels caused Belgium-bound flights to be diverted, with departures delayed and flights canceled over six hours.
Friday, May 8, 2015
A nuclear agreement will allow Iran to become the number one energy player in the Middle East and herald major opportunities for foreign companies, top government officials in Tehran said Wednesday.
Wednesday, May 6, 2015
Qatar minister vows to improve migrants' lives
Qatar's inability to ensure decent housing for its bulging migrant labor population was "a mistake" the government is working to fix as it prepares to host the 2022 World Cup, the country's top labor official said Monday, vowing his country would improve conditions for its vast foreign labor force.
Tuesday, May 5, 2015
Dubai attracted more than 13 million visitors last year, official figures released on Monday showed, as the cash-flush emirate looks to reap the rewards of its growing tourism sector.
Monday, May 4, 2015
Last overland route closure chokes off Lebanon exports
Lebanon's land exports to Gulf markets have been choked off, leaving millions of U.S. dollars in goods stranded after the closure of a vital crossing on the Syrian-Jordanian border last month.
Tuesday, April 21, 2015
Saudi petrochemicals giant SABIC on Sunday posted a 39 percent decline in net profits for the first quarter of 2015 compared with a year ago before global oil prices plunged.
Sunday, April 12, 2015
Pakistan on Saturday approved divesting all of its state-owned shares in top private bank HBL for US$1.02 billion, in what officials said is the country's largest-ever equity offering.
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