Exxon says Qatar LNG not affected by Arab states tension
Doha
Exxon Mobil Corp  said on Tuesday that production and exports of liquefied natural gas from Qatar have not been affected by rising...
Energy exports a lifeline for boycott-hit Qatar
Kuwait City
A Saudi-led diplomatic and economic blockade against Qatar may threaten food imports, but the tiny emirate still has a lifeline through...
Airline industry sees higher profits in 2017
The International Air Transport Association (IATA) increased its profit forecast for the global airline industry on Monday (Jun 5), citing surging demand.
Total...
Qatar stock market plunges after 4 Middle Eastern states cut diplomatic ties
Qatar’s stock market plunged on Monday after four Middle Eastern states severed ties with Doha, while Saudi Arabian shares rose on hopes...
US decision to pull out of Paris climate accord a ‘major disappointment’:UN
The United States’ decision to withdraw from the landmark Paris climate agreement was a “major disappointment for global efforts to reduce greenhouse...
Uber reports $708m loss as revenue grows
 Ride-hailing giant Uber has reported another multi-billion dollar loss even as its revenues grow.
The San Francisco-based company said Thursday that its losses...
European commission to provide €7m to Pakistan for internally displaced people
The European Commission has announced humanitarian assistance of over 44 million Euros to help people in need in south-west and Central Asia,...
DP World hitches lift on new Silk Road: Sultan Ahmed
China’s massive re-imagining of ancient Silk Road trade routes is seen as a business opportunity that could help ameliorate the effects of...
Oil prices go up slightly on Friday after extension in output cut
Oil prices edged up on Friday but markets remained on the back foot after tumbling in the previous session when OPEC and...
US military aid to Pakistan may convert into loans
The Trump administration's budget proposal would convert some of the United States' foreign military grants to loans, affecting several countries, including Pakistan.
The...
No subscription service coming soon for Twitter: Dorsey
At its annual shareholder meeting on Monday, embattled social media giant Twitter Inc CEO Jack Dorsey spoke to investors about the potential for...
Saudi-US deals worth $400 billion struck
Saudi Arabia signed billions of dollars of deals with U.S. companies during President Donald Trump’s visit to Riyadh. Estimates of their total...
Softbank-Saudi tech fund becomes world’s biggest with $93b of capital
The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said on Saturday it...
Trans-Pacific Partnership to revive after US withdrawal
Hanoi: 11 countries part of Trans-Pacific Partnership (TPP) agreed to proceed without the United States on Sunday.
The agreement comes after President Trump's...
China-Russia pipeline delivers 100m tonnes of crude oil
A China-Russia oil pipeline has transported 100 million tonnes of crude oil in the five years since it began operations, local customs...