Oil prices fall after huge rally

Investment analyst at Phillip Futures in Singapore says investors ‘remain wary of volatile week ahead.’

Eni discovers ‘supergiant’ gas field inside Egypt territorial waters

Kuwait summons Iran envoy over disputed gas field

Gulf stocks rise after panic sell-off over oil prices

US crude oil tumbles to lowest level since 2009 in opening trade

Like others in Europe, Ukraine wants to improve ties with Iran

Fire forces Kuwait's third-largest refinery shutdown

Emirates launch longest flight to Panama

OPEC raises oil demand forecast despite bearish markets

Fitch grades Iraq B-

Egypt leader to inaugurate 'new Suez Canal'

South Sudan symbol of freedom in jeopardy

Djibouti launches airline, backed by Iron Maidan lead singer

British oil company investigated for Somalia corruption

Iran needs 80 to 90 planes a year to renovate ageing fleet

Cash-strapped Tunisia's Syphax airline grounds flights

Syrian Kurds refine oil for themselves for first time

Thomas Cook warns Tunisia attacks affect annual results

Egypt's gift to the world: Suez Canal Axis

Zain telecom Q2 profit slumps over unrest in some Arab countries

UAE hikes petrol prices, cuts diesel

Kuwait awards $11.5 bn contracts for new refinery

Kuwait urges Saudi to resume output at disputed oil field

Oil prices hurt by poor Chinese, US data

Mylan foundation to block hostile takeover bid from Israel's Teva

UAE to liberalise fuel prices from August

Kuwait ups new oil refinery budget

Investors eager to exploit Iran economy

Tunisia President calls for pardon of corruption people

Kuwait NBK Q2 net profit rises on projects growth

Blaze erupts at bombed Yemeni oil refinery

Oil prices steady awaiting Iran deal

OPEC predicts increase in global oil demand growth in 2016

Iran trade with GCC set to improve but oil spat looms

Oil prices soar on China, Greece

Kuwait financial reserves hit record $592 billion

After ‘turbulence,’ oil rebounds on bargain-hunting

Ryanair to start flying to Israel from November 2015

S&P predicts sharp decline in issuance of Islamic bonds

Syria pistachio production plunges 50% in 2014


Asian, Saudi owners dust off Madrid Ritz

New owners from Hong Kong and Saudi Arabia now plan to revive glory of Madrid's Ritz hotel by spending 90 million euros on its makeover.

Syria parliament approves deal on Iran line credit

Credit line will be the third that Tehran has extended to Damascus since conflict erupted in March 2011.

Gazan software firm growing despite Israel blockade

Luzu, co-founder of Unit One, says his company now employs 89 people, mostly women, deals with his clients through Skype.

Qatar signs deal for 24 French Rafale fighter jets

Separate deal will see France train 36 Qatari pilots and around 100 mechanical engineers, as well as intelligence officers.

Closure of last overland route chokes off Lebanon exports

As peak harvest seasons draw closer, exporters and truckers are hoping for speedy solution to problem.

At time of war, cigar business launched in Syria

State-run General Tobacco Company launches locally-made cigar business in Latakia in bid to create desperately needed jobs, boost revenue.

Battle for Libya oil wealth takes on new dimensions

NOC says it will continue to operate from Tripoli, and will ‘remain independent institution that operates outside political disputes.’

Long-awaited trial throws spotlight on oil and corruption in Algeria

Charges include influence peddling, inflating contract prices, money laundering and generally skimming off millions of dollars in bribes.

Saudi business initiative sowing its seeds

Business incubation programme ‘Badir’ brews business success in Saudi Arabia as part of efforts to diversify economy.

Most secure way to hold savings in Turkey: In gold they trust

Gold is hugely prized in Turkey not just for ornamentation or investment by banks but as secure way for private individuals to hold their savings.

Land of true Arabian culture hopes to boost selective tourism

From desert camping to luxury hotels, Oman is hoping to carve out a place on global tourist track.