Yemen's warring parties have traded accusations of breaching a ceasefire in Hodeidah that was mediated by the United Nations to avert a full-scale assault on a port city vital for food and aid supplies, and pave the way for peace negotiations. Residents reported shelling late on Tuesday, the first day of
JEDDAH: Two Saudi women have landed in a prominent top 100 list at the prestigious British Fashion Council. Marriam Mossalli, founder and senior consultant of Saudi’s luxury communications firm, Niche Arabia, and Taleedah Tamer, the first Saudi international runway model, joined the ranks of the esteemed key players in the fashion
BAGHDAD (Reuters) - Iraq has agreed a deal with Schlumberger <SLB.N> to drill 40 oil wells in the giant southern Majnoon oilfield, according to an oil ministry statement on Wednesday. Iraq's oil minister Thamir Ghadhban said in the statement that the deal with Schlumberger targets boosting production from Majnoon.
Saudi Arabia's energy minister, Khalid al-Falih, said he expects global oil stocks to fall by the end of the first quarter but added that the market remained vulnerable to political and economic factors as well as speculation. "We remain focused on fundamentals, I can tell you we will achieve balance between
DUBAI (Reuters) - Dubai's real estate downturn is forcing construction and engineering firms to cut jobs and halt expansion plans, in turn raising fresh risks for the wider economy. Known for its glittering skyscrapers and luxury villas, the Dubai property market is oversupplied, especially in the residential sector where prices have