December 01, 2015 - 23:06 GMT
Vitol, the largest company of its kind in the world, said it was working on a supply contract with the NOC that will guarantee the delivery of fuel, including the heavy oil needed to supply all of Libya's power plants and hospitals.
December 01, 2015 - 22:21 GMT
Rolls-Royce Dawn, a new benchmark in open-top luxury motoring, made its debut appearance in Bahrain recently following its first public appearance at the Frankfurt International Motor Show.
December 01, 2015 - 16:05 GMT
As Russia works out the details of its economic sanctions against Turkey over the downed jet, Egypt looks to fill the trade gap.
December 01, 2015 - 15:42 GMT
Textiles and garments top Egypt's exports to the US, and have been hit the hardest by EgyptAir's decision to suspend shipping cargo on North America-bound commercial flights.
December 01, 2015 - 14:24 GMT
Kuwait has made a number of changes to the taxation system to attract foreign investment, and Chinese companies are eyeing opportunities.
December 01, 2015 - 11:46 GMT
Saudi grant to Jordan includes $65M for road rehabilitation, $100M for communities hosting Syrian refugees, and a $53.3M soft loan agreement.
December 01, 2015 - 10:45 GMT
In a rare move, Qatar Airways has announced suspension of its daily service between Doha and Osaka from March 31.
December 01, 2015 - 09:45 GMT
As world leaders converge on Paris for COP 21, the spectre of the 1997 Kyoto Protocol still looms large.
December 01, 2015 - 08:00 GMT
Turkish President Erdogan says he will resign if Russian accusations that Turkey is involved in oil trade with Daesh prove true.
November 30, 2015 - 21:18 GMT
Emirati energy company Dana Gas said it resolved a dispute with its German partners regarding joint-venture operations in the Kurdish north of Iraq.
November 30, 2015 - 16:51 GMT
A senior oil official says Iran is ready to resume crude exports to Egypt which used to transport Iranian oil through the Suez Canal and internal pipelines before 2012 sanctions on Tehran dried them up.
November 30, 2015 - 16:29 GMT
A total of six banks were exempted from applying the maximum wage on their employees after the judicial ruling issued last week for employees of Banque Misr.
November 30, 2015 - 16:10 GMT
Saudi Arabia’s Communications and Information Technology Commission (CITC) has slapped a fine of SR552 million ($147 million) on several service providers for violating CITC rules and licence conditions during the 12 months ending mid-October.
November 30, 2015 - 12:00 GMT
Jeddah Economic Company, an affiliate of Prince Alwaleed's Kingdom Holdings, has secured $2.2B to complete the mixed-use Kingdom Tower by 2018.
November 30, 2015 - 11:00 GMT
As SpiceJet plans more flights from India to Dubai, Gulf airlines want a slice of the budget airline market.