Economy
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Trump says if he has to put tariffs on oil imports to protect US jobs he will
President Donald Trump said on Saturday he would put tariffs on imports of crude oil or take other measures if…
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NMC Health will recover misused funds, says new chairman
The new executive chairman of hospital operator NMC Health vowed on Saturday to work with authorities in Britain and the…
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Egypt’s Sisi postpones launch of mega projects to 2021 due to coronavirus
Egyptian President Abdel Fattah el-Sisi on Saturday postponed the launch of mega-projects including the Grand Egyptian Museum and moving civil…
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Coronavirus: US economy sheds over 700,000 jobs in March
The US economy shed 701,000 jobs in March, abruptly ending a historic 113 straight months of employment growth as stringent…
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Dubai’s malls turn into fulfillment centers as online shopping explodes
Dubai’s famous retail malls have been shut for 10 days to slow the spread of coronavirus, but thousands of mall…
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OPEC+ meeting delayed on new Saudi, Russia rift
OPEC+ delayed a meeting aimed at ending the oil price war, as Riyadh and Moscow trade barbs about who’s to…
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Lebanon eases currency withdrawals in step towards liraficaition
Lebanon’s Central Bank on Friday said depositors with small dollar-denominated accounts would soon be able to withdraw – and withdraw…
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OPEC+ talks could be held next week, following Saudi call: Sources
OPEC has begun to prepare for meetings to take place within the OPEC+ framework, with talks potentially happening next week,…
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US refining lobby group urges Trump against oil market ‘meddling’ amid coronavirus
The United States’ main refining lobby group American Fuel & Petrochemical Manufacturers (AFPM) urged President Donald Trump in a letter…
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BUSINESSENERGY US Texas regulator aims to wrangle oil output cuts from Saudi Arabia, Russia
A little-known Texas state regulator waded into oil diplomacy on Thursday, calling Russia’s energy minister to discuss possible oil production…
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