US President Donald Trump said on Tuesday he had spoken to Chinese President Xi Jinping and that the two leaders’ teams would restart trade talks after a long lull in order to prepare for a me
Oil prices rose about $2 a barrel on Tuesday after U.S. President Donald Trump said he would hold an extensive meeting with Chinese President Xi Jinping at the G20 summit later this month.
Saudi nationals represented about 24.4 per cent of the workforce
Expatriates currently account for about 75.6 per cent of jobs in Saudi Arabia’s labour market, according to local media report
Iran has announced it will breach on 27 June the limit on its stockpile of enriched uranium that was set under a 2015 nuclear deal with world powers.
Its atomic energy agency said it had quadrupled
Concerns are growing over the strength of Germany's economy - the largest in the eurozone - following the release of more gloomy official figures.
Industrial production in April fell by 1.9% compar
Safety concerns, trade wars and growing security tensions in the Gulf are dampening spirits at the world’s largest planemakers as they arrive at this week’s Paris Airshow with litt
Moscow and Brussels are keen on quickly extending the use of the ruble and the euro to bilateral payments, the Russian Finance Minister said, after a meeting with the European Commission for Energy
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The United States has allowed Iraq to import Iranian gas for its power grid for another three months by extending a waiver to sanction
The United States on Friday blamed Iran for attacks on two oil tankers at the entrance to the Gulf and said it was seeking international consensus about the threat to shipping, despite Tehran denyin
Oil rose about 1% on Friday after attacks on two oil tankers in the Gulf of Oman this week raised concerns about potential supply disruptions, but prices remained on track for a weekly loss on fears
Oman Air CEO Abdulaziz Al Raisi plans to hold talks with Airbus if Boeing does not provide a support and recovery plan for its grounded 737 MAX planes before June 17, a statement by the Omani compan
Crude shipments designated for the West could be in danger, the International Association of Independent Tanker Owners (INTERTANKO) has warned after what Iran described as suspicious attacks on oil
Three weeks ago, Newfoundlanders and Labradorians were paying close to 15 cents more per litre of gas than they are this morning.
The Public Utilities Board dropped the cents per litre (cpl) price
Suspected attacks on two tankers off the coast of Iran saw oil markets erupt out of their recent slump on Thursday and kept traders gobbling up ultra-safe government bonds, gold and the Japane
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The Central Bank of Yemen (CBY) said Tuesday it chose to outsource an international leading firm to audit its accounts for the 3-year period
The UAE has signed an agreement with Yemen’s ministry of electricity to develop a power plant in Aden at a cost of $100m, official news agency WAM reported.
The capacity of the plant will be
Saudi’s proved oil reserves were revised to 297.7 billion barrels at the end of 2018 from 266.2 billion a year earlier
BP has raised estimates for Saudi Arabia’s crude oil reserves by 1
Asian share markets were in a defensive crouch on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could scramble the odds for an e