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Reuters

Reuters latest

The IMFSaid Last Month That Growth in the Non-Oil Sector Was Expected to Accelerate as the Kingdom Moved Ahead With Economic Reforms. (Shutterstock)
September 18th, 2018 - 07:18 GMT

IMF Confident Saudi Can Meet 1.9 Percent GDP Forecast

Saudi Arabia’s economy can achieve an International Monetary Fund forecast of 1.9 percent gross domestic product growth this year, the central bank governor said on Sunday.
Read more
Al Bawaba
September 16th, 2014 - 02:45 GMT

Arabtec 'unaware' that ex-CEO will sell his stake

Al Bawaba
September 16th, 2014 - 02:12 GMT

That's more than a billion a day: Egypt raises $8.5 billion in total for Suez Canal expansion project

Al Bawaba
September 16th, 2014 - 12:17 GMT

Clashes between Yemen’s Houthis and tribesmen kill 22

Under the project, the capacity of the Mina al-Ahmadi refinery will drop to 347,000 barrels per day (bpd) from 466,000, while Mina Abdulla refinery’s capacity will rise to 454,000 bpd from 270,000.
September 15th, 2014 - 08:37 GMT

Kuwait's KNPC names advisor for $12 billion Clean Fuels Project

Al Bawaba
September 15th, 2014 - 04:10 GMT

Stepping out, completely: Arabtec's ex-CEO agrees to sell stake to Aabar

Al Bawaba
September 14th, 2014 - 01:34 GMT

Skyrocketing: Dubai's inflation hits five year high

For now, however, the US-led surge in supply and weak demand have seen traders start to store additional barrels as they wait for prices to recover.
September 14th, 2014 - 03:55 GMT

The pendulum is swinging? Falling oil prices shifts energy balance in favor of the West

Nearly three years after the fall of Gaddafi, Libya is still grappling with rising insecurity. (AFP/File)
September 11th, 2014 - 01:09 GMT

Libyan bloodshed continues

Al Bawaba
September 11th, 2014 - 08:59 GMT

UN peacekeepers released by al-Qaeda-backed group

The so-called offset programme was introduced in 1992 as a way of weaning Kuwait off its reliance on oil and gaining access to new technologies and training.
September 10th, 2014 - 03:55 GMT

Kuwait scarps 'offset program' to woe foreign investors

Al Bawaba
September 9th, 2014 - 10:24 GMT

Two Shia protesters killed in Yemen

Thousands of Iraqis have been forced to flee the ongoing violence. (AFP/File)
September 8th, 2014 - 11:34 GMT

Islamic State militants attack town near Baghdad, kill 17

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