Oil rout forces OPEC to trim price expectations – Gulf delegate says market to...

DUBAI/LONDON: A second oil price rout of 2015 has forced Arab OPEC members to cut their price expectations for this year, showing they are...

Kuwait govt approves series of projects worth KD3 billion – Government plans to generate...

KUWAIT: Kuwait has approved the construction of a series of power plants, desalination facilities and other infrastructure projects worth a total of around 3...

IMF role in Greek rescue raises risks for Merkel – Bild daily says up...

BERLIN: German Chancellor Angela Merkel will ask lawmakers to back an 86 billion euro ($95.5 billion) bailout for Greece at a special session of...

China devaluation heralds currency war – US dollar on the rise as China devalues...

LONDON: China's shock 2 percent devaluation of the yuan yesterday pushed the dollar higher and raised the prospect of a new round of currency...

KOC launches 3D exploratory survey project at Kuwait Bay

KUWAIT: Kuwait Oil Company (KOC) announced yesterday the start of the 3D exploratory survey project in Kuwait Bay near the city of Al-Jahra in...

Emerging markets suffer in Greece’s shadow – Chinese slowdown hammers commodity prices

PARIS: Greece has been hogging headlines lately, but emerging markets have also had their share of tribulations with the Chinese stock market in convulsions...

How Southeast Asian economic zone could change the region

BANGKOK: The Association of Southeast Asian Nations, which yesterday marked 48 years since its establishment, aims to establish an economic community known as the...

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