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Oil minister says not ready to proceed with China refinery project unless it achieves 'sufficient benefits'
"All indicators point to an improvement in prices," according to Ali Saleh Al Omair
Rising costs force refiner Kuwait National Petroleum Co to seek more money to finance the plant
Sources say Kuwait Petroleum Corp could be set for shake-up after friction between board and Kuwait's oil minister
Kuwait Petroleum Corporation is forecast to see $52bn revenues in fiscal year 2015/16, says lawmaker
US oil major says Wafra oilfield will not resume operations until difficulties are resolved
Three Kuwait Petroleum Corp execs who were forced into retirement over a $2.2bn Dow Chemical scandal had been reinstated in an earlier court case
Nawal al-Fuzaia says he expects to see 'some sort of balance in oil market' in second half of this year
New ADCB report reveals the mixed impact of low oil prices on development projects across the Gulf
Kuwait Oil Co CEO said preliminary results show "huge commercial volumes" in the fields
Welcome to the 2015 Arabian Business Power List, our guide to the planet’s 100 most influential young Arabs
Prime minister announces preliminary agreements with Alghanim International for two energy-related projects
State-run Kuwait Petroleum Corp says precautionary measures continue three weeks after military strikes began
National Iranian Gas Company chief also confirms plan to begin exports to neighbouring Iraq
There will be no reduction in wages as a result of shorter hours, the Ministry of Labour announced...
Holy month is likely to start on June 18, with gov't employees working 9am to 2pm
With the theme 'Creating a Regional Framework for Prosperity and Peace through Public-Private...
King Abdullah II says projects will be delivered via public private partnerships; part of new...
Prominent firms stump up support for new youth unemployment target for WEF’s Regional Business...
Gordon Brown says public-private partnerships needed to drive urgently needed infrastructure...
Aramex chief Fadi Ghandour says youth unemployment is biggest challenge and biggest opportunity...
Riyadh's new rulers enjoy more scope to make dramatic and unexpected interventions than their...
Organisations seeking donations to help provide relief to thousands of victims
This will be my last day here if taxes are introduced. Why would anyone stay suffering at 40 Degrees + in the desert? Let's be honest, the majority of... more
This is just like the current law and it will not be followed just like major companies don't follow the current law It's a disaster that it take... more
Great work, Dubai Police !!
Another big problem is the cutting into your lane instead of following the normal queue.
This is causing... more
So lets be honest some people think it will go up and some people think it will go down.
No one really can predict what is going to happen! Maybe it... more
Very Nice to know.. May Allah (God) Bless His Highness Prince Al Waleed for all the good things that he is doing in his life.. including this specific... more
It is a grand gesture by his HRH Prince Waleed in the interest of mankind at large. May god bless him with good health. Let other ultra rich follow his... more