Private capital set to transform sovereign wealth funds
LONDON: A curious trend is developing among powerful sovereign and state-backed investment…
Oil falls towards $77 on US crude stock build
LONDON: Oil slipped to around $77 per barrel on Wednesday after weekly…
Saudi SABIC Q2 sales growth slows as prices fall
RIYADH: Petrochemical giant Saudi Basic Industries Corp (SABIC) said sales growth slowed…
Asia Crude-Kenya buys Murban from Total, Shell; lower
SINGAPORE: Kenya bought two 600,000-barrel cargoes of Abu Dhabi Murban crude for…
Al Qaeda claims Yemen attacks, vows more strikes
DUBAI: Al Qaeda's Yemen arm said on Friday it was behind coordinated…
Jordan budget gap shrinks as spending curbs bite
AMMAN: Jordan's budget deficit more than halved in the first five months…
Oil rises above $78 on economic growth optimism
LONDON: Oil rose above $78 a barrel on Wednesday after Tuesday's strong…
Egypt index up, tracking global markets
CAIRO: Egypt's main index ended slightly higher on low volume, echoing world…
Suez Cement demand up, rising costs weigh on sector
Egypt's largest listed cement company, Suez Cement, said demand for cement rose…
Wind Hellas says debt standstill in effect
Greek mobile operator Wind Hellas Group said on Wednesday enough senior creditors…