Corporate News

LONDON: OPEC oil output has fallen for a second month in October as reduced supplies from Iraq, Nigeria, Saudi Arabia and Angola offset a further rise in Libyan

JEDDAH: Saudi Arabian Monetary Agency Gov. Muhammad Al-Jasser said he is optimistic Europe’s leaders will take the right measures to tackle their debt crisis.

RIYADH: The Council of Ministers on Monday endorsed a Gulf Cooperation Council summit decision, allowing GCC companies to open their branches in Saudi Arabia and

JEDDAH: The World Gold Council (WGC) has reportedly suspended its activities in Saudi Arabia, saying that the market has become too weak here and that countries

JEDDAH: The basic situation in terms of bank credit in the Gulf region continues to be characterized by a sharp dichotomy between two groups of countries. Saudi

SINGAPORE: Shell expects Asia to be a key growth region in the long-term, accounting for a huge part of the company's oil and gas investments as it expands,

CANBERRA: Qantas Airways planes returned to the skies Monday after an Australian court ruled on a bitter labor dispute that had prompted the world's 10th-la

PARIS: Air France said a cabin staff strike over job conditions had caused less disruption than it had feared during a busy weekend and predicted cancellation of

MELBOURNE/SYDNEY: An Australian labor tribunal ordered Qantas Airways and its unions to immediately terminate all industrial action and return to the negotiating

TRIPOLI: Libya's crude oil exports will jump to almost 350,000 barrels per day in November, more than double the volume sold the previous month, sources at