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Naimi has already survived more than one price crash by acting decisively.
18:00 GMT
After all, 79-year-old Naimi has seen at least three price crashes during his two decades as oil minister.
Jordan is the third largest recipient of remittances in the Middle East and North Africa (MENA) from Gulf states, according to World Bank report.
07:55 GMT
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.
Salman’s announcement on Thursday suggested the government remained willing to spend heavily despite the hit to its oil revenues from low prices.
06:45 GMT
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.
Regulators and officials at the meeting will have to juggle political sensitivities and arguments over the budgets of cash-squeezed airlines.
05:55 GMT
2014 was the deadliest year for commercial airlines in almost a decade.

January 30, 2015

Iraqi crude production is climbing from a 35-year high.
22:18 GMT
“This price war is not just between Saudi Arabia and the U.S., it’s also intra-OPEC,” said Seth Kleinman,
The Al-Araby Television network, of which Al-Araby Al-Jadeed channel was the first to launch, addresses audiences in the Arab world, particularly the youth.
16:25 GMT
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

Affording a home and getting married is still difficult under Sisi for many young men unable to make a living.
16:35 GMT
Facing grim economic prospects at home, desperate young Egyptians are seeking jobs in Libya, a country sliding into lawlessness.
The United Nations figures point to 136,717 refugees registered with the organisation in Egypt.
15:59 GMT
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.
"We want to be treated like human beings, like real workers," said Leticia, a Filipina who was assaulted and raped by her employer several years ago.
12:34 GMT
A historic event in the struggle of male and female workers in Lebanon happened on January 25
The use of experimental projects to gain information about how the enterprise might best use gamification will help create a viable action plan.
11:49 GMT
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

When looking for a real estate agent you can trust, the first thing to take note of is their license and other credentials.
15:43 GMT
Overestimating the selling price for a property is one of the oldest tricks in the real estate agent’s book.
Of 2,000 Israeli factories that could switch to natural gas and reduce their production costs, only eight are currently connected to the natural gas supply.
14:35 GMT
Bureaucratic wrangling and ever changing regulations are frustrating what could be Israel's natural gas revolution.
Saudi Arabia, as the world’s largest exporter of oil and the largest economy in the Arab world, has systemic importance to the world economy and the international financial markets.
14:02 GMT
Late King Abdullah bin Abdulaziz, the sixth king of Saudi Arabia, had a profound impact on the Saudi economy and oil policy.
The kingdom's reserves are estimated at $750 billion.
12:58 GMT
Saudi Arabia's new leadership will push forward efforts to diversify the growing but oil-dependent economy, while easing procedures for investors.
The poll noted that online hiring will be more important than ever before in 2015.
11:42 GMT
A staggering 84.1 percent of respondents working in HR departments conduct reference checks prior to hiring eligible candidates.