Middle East

Saudi Arabia's Oil Minister Ali al-Naimi

Saudi's Naimi: Non-OPEC, speculators led to oil price slide

Saudi Arabia's oil minister said on Sunday non-cooperation by producers outside of the Organization of the Petroleum Exporting Countries and the actions of speculators had led to the oil price fall, but he was confident the market would improve.

Read Full Article

Arab woman aims to blaze a trail in Israel's high-tech sector

Israel is proud to call itself a "Start-up Nation", with more tech firms listed on Nasdaq than any other country outside the United States and China. But two elements are often missing from that success story: women and Arabs.

Read Full Article
Abdullah al-Badri

OPEC chief defends policy, says group to try to ride out price fall

Oil producers group OPEC can ride out a slump in oil prices and keep output unchanged, its head said on Sunday, arguing market weakness did not reflect supply and demand fundamentals and could have been driven by speculators.

Read Full Article
The Pentagon’s Mega Blimp

Unable to pay salaries, Afghanistan asks donors for more money

Afghanistan does not have enough money to pay salaries this month and has asked aid donors for a bailout before the end of the year, the treasury chief told Reuters on Thursday.

Read Full Article
Dow Chemical Co.

Dow Chemical CEO does not mind low oil, company makes money in other businesses

Dow Chemical Co (DOW.N) Chief Executive Andrew Liveris, speaking at a conference in Dubai, said on Monday he did not mind low oil prices because his company makes money in other businesses.

Read Full Article
Dubai

Dubai's Souq.com plans "Black Friday" equivalent to help boost sales growth

Dubai-based Souq.com, one of the Middle East's largest e-commerce businesses, aims for high double-digit revenue growth as it introduces "Black Friday"-type discount events to help lure shoppers from the city's retail malls.

Read Full Article
Iranian band Bomrani

Iranian blues and jazz bands find fans in Tehran

Behzad Omrani grew up in Tehran, in a house ringing to the sounds of his father's record collection - mostly the twangs and twirls of American Country & Western.

Read Full Article
William Dudley

Fed's Dudley: expectations for mid-2015 rate lift-off reasonable

Market expectations that U.S. interest rates will start to lift off sometime in mid-2015 are reasonable, New York Federal Reserve President William Dudley said on Thursday.

Read Full Article
Screaming pots

Iranians scream into pots at new contemporary art center

A contemporary art gallery in central Tehran is giving Iranians a chance to let out their frustrations by screaming into clay pots sculpted by a Vancouver-based artist, exhibiting in the country of his ancestors for the first time.

Read Full Article
oilfield

Libya's El Feel oil field shut down, third site within days

An oil field in southwest Libya has closed down, officials said on Sunday, becoming the third oil facility in the chaotic country to shut within a week.

Read Full Article
Ali Abdullah Saleh

U.N. sanctions Yemen's ex-President Saleh, two rebel leaders

The United Nations Security Council imposed targeted sanctions on Friday on Yemen's former President Ali Abdullah Saleh and two senior Houthi rebel leaders for threatening the peace and stability of the country and obstructing the political process.

Read Full Article
Saudi Arabia's Oil Minister Ali al-Naimi

Saudi oil minister to make rare trips to Venezuela, Mexico

Saudi Oil Minister Ali al-Naimi is making his first visits in years to fellow exporters Venezuela and Mexico, although tumbling oil prices are not the stated purpose of the trip, according to officials and sources.

Read Full Article
Tel-Aviv Stock Exchange

Digital pen maker N-trig files for Tel Aviv share offering

N-trig, an Israeli provider of digital pens and chips for touch screens, has submitted a prospectus for an initial public offering on the Tel Aviv Stock Exchange, the company said on Sunday.

Read Full Article
Gulf Coast Countries

Gulf states need to reform spending as oil price slips: Kuwait

Gulf Arab oil exporters will have to reform their state spending and make cuts in some areas because of weak oil prices, Kuwaiti Finance Minister Anas al-Saleh said on Saturday.

Read Full Article
War in Syria

Islamic State keeps up Syrian oil flow despite U.S-led strikes

Islamic State is still extracting and selling oil in Syria and has adapted its trading techniques despite a month of strikes by U.S.-led forces aimed at cutting off this major source of income for the group, residents, oil executives and traders say.

Read Full Article
1 2 3 4 5 6 7 8 9 10  

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics