Saudi petroleum giant SABIC's net profits fall in 2016

Saudi firm, one of world's largest producers of petrochemicals, fertilisers, plastics, metals, sees net profit drop of 4.95 percent last year.

Russian, Libyan state oil giants sign deal

China oil giant signs $1.77 billion Abu Dhabi deal

Tech-savvy Beirut to become regional gateway

Oman expects further output cuts from non-OPEC countries

Electric car manufacturer Tesla takes on Gulf gas guzzlers

OPEC countries complying ‘almost fully’ with output cut

Air Arabia announces first quarterly loss

OPEC president says oil market 'responding positively' to output cut

Saudi Arabia ready to implement VAT

Emirates adjusts flight crews for flights to US

Starbucks responds to Trump ban with plan to hire 10,000 refugees worldwide

Kuwait’s Marzouk says rebalancing in oil markets has already started

Etihad Airways chief Hogan to step down

Asian oil firms playing important role in post-sanctions Iran

UAE minister says too early to consider prolonging oil cuts

Turkey lira takes new pounding on forex markets

Egypt inflation rises to highest level in years

Morocco set to become regional industrial hub

Iraq cuts oil output as part of OPEC deal

Gulf stock listings nosedive in 2016

Iran approves 29 firms for oil, gas projects

Oil prices higher, steady as OPEC starts cutting production

EU's top court deals blow to Polisario over EU-Morocco trade deal

Iran inks two oil deals with Russia's Gazprom

Morocco seeks to boost ties with African countries

Iran signs deal to buy 80 planes from Boeing

Qatar merges state-owned gas producers

Turkish president converts own assets into lira

Egypt’s 'three-year strategy' seeks to revive struggling economy

Russia says OPEC, non-OPEC countries to meet in Vienna

Qatar to invest up to $13bn on 'mega projects' in 2017

Turkey seeks trade in local currencies to strengthen lira

OPEC output deal boosts Iran budget

Egypt raises tariffs on some imported goods

Nigeria and Morocco agree joint venture to link Africa to Europe

Erdogan urges Turks to convert currencies to lira

OPEC output cut boosts oil price

Plunging lira buffeted by fears over Turkey's economic performance

Tunisia gets strong pledges to revive ailing economy

 

OPEC seeks output cuts from non-members

Talks, taking place at oil cartel's headquarters in Vienna, aim to nail down details on accord reached late last month.

Palestinian start-ups defy unique challenges

Online start-ups avoid many of frustrations for other companies run from Israel-occupied Palestinian territory.

Will more relaxed rules attract tourists to Iran resort island?

Even though Islamic rules are less strict on Kish, they are still in force -- creating major obstacle for investors.

Rabat’s cable-stayed bridge to have big effect on Morocco

Mohammed VI Bridge, which connects Rabat with Sale, will be illuminated at night with lighting system able to display 16 million colours.

Open-ended strike of Kuwait oil workers slashes output

Oil workers union chief Saif al-Qahtani says production is partially halted without clarifying which sites had been affected.

Iraq PM calls for legal measures over oil bribery scandal

Abadi instructs anti-corruption commission to take legal action, calls for judiciary to pursue prosecutions connected to scandal.

Al-Jazeera sheds around 500 jobs as part of ‘optimisation initiative’

After management review, ‘around 500 positions worldwide will be impacted, majority of which are in Qatar.’

Once-mighty Hariri firm struggles to survive in Saudi Arabia

Informed source says poor management ‘is one of main problems’ at Saudi Oger, but this has been compounded by economic challenges.

Egypt taxi drivers protest against Uber service

Taxi drivers complain that Uber drivers have unfair advantage because they do not have to pay same kind of taxes or fees.

Iran sentences billionaire tycoon to death over corruption

Babak Zanjani is convicted of fraud and economic crimes, as well as facing death penalty he must repay money to state.

Iran, Turkey set target of $30 billion for annual trade

Visiting Iranian capital, Turkish Prime Minister Ahmet Davutoglu meets Iran's first vice president Eshaq Jahangiri.