After all, 79-year-old Naimi has seen at least three price crashes during his two decades as oil minister.
As a net oil importer, Jordan’s widening trade deficit in the first nine months of 2014 was anticipated to decelerate in the last quarter of the year on account of lower oil prices.
A lavish payout to public employees ordered by Saudi Arabia’s new King Salman will help to sustain the kingdom’s consumer boom and reassure financial markets that the government is not slashing expenditure in the face of low oil prices.
2014 was the deadliest year for commercial airlines in almost a decade.
January 30, 2015
First it was the US and shale, but now, Saudi Arabia's toughest oil contender is emerging right next door
“This price war is not just between Saudi Arabia and the U.S., it’s also intra-OPEC,” said Seth Kleinman,
A Brotherhood/Al-Jazeera-driven phobia: a new Qatari-funded TV channel in Egypt is sparking major controversy
The Qatari-funded channel, Al-Araby Al-Jadeed, was launched from London on Sunday, a highly symbolic date as it coincided with the fourth anniversary of the 25 January Revolution in Egypt.
January 29, 2015
Facing grim economic prospects at home, desperate young Egyptians are seeking jobs in Libya, a country sliding into lawlessness.
Textual and visual representations of the Syrian refugee crisis have flooded international media outlets and the press releases of aid organisations since the Syrian uprising first erupted on March 2011.
Because they're employees, not servants: domestic workers in Lebanon establish unprecedented labor union
A historic event in the struggle of male and female workers in Lebanon happened on January 25
What if the psychological concepts that underpin such apps could be harnessed to the benefit – rather than the detriment – of the employer in question?
January 28, 2015
Overestimating the selling price for a property is one of the oldest tricks in the real estate agent’s book.
Bureaucratic wrangling and ever changing regulations are frustrating what could be Israel's natural gas revolution.
Late King Abdullah bin Abdulaziz, the sixth king of Saudi Arabia, had a profound impact on the Saudi economy and oil policy.
Saudi Arabia claims to have one of the world's most tech-savvy populations, but can it fast track diversification?
Saudi Arabia's new leadership will push forward efforts to diversify the growing but oil-dependent economy, while easing procedures for investors.
A staggering 84.1 percent of respondents working in HR departments conduct reference checks prior to hiring eligible candidates.