Saudi Arabian women make UK list of top innovators

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

Iraq in deal with Schlumberger to drill 40 wells in Majnoon oilfield

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.

Builders bruised by Dubai’s real estate market woes

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