A Kuwaiti demonstrator burns a poster of Israeli Prime Minister Benjamin Netanyahu during a demonstration in front of the National Assembly in Kuwait city on December 9, 2017, following the US president's controversial recognition of Jerusalem as Israel's capital.
Dozens of people took part in an authorised but rare protest Saturday in Kuwait City to denounce US President Donald Trump's decision toRead more
The kingdom has revealed plans to build NEOM, a mega project billed as a regional Silicon Valley, in addition to an entertainment city in Riyadh that would rival Walt Disney and the Red Sea project, a reef-fringed resort destination.
The blueprints for the projects were on display to 3,500 corporate honchos at this week's Future Investment Initiative (FII) —- dubbedRead more
Schlumberger posted a bigger quarterly profit on Friday as its North American business continues to be helped by strong shale drilling, but the oilfield services giant said that investments in the region was moderating.
The warning mirrors that of peer Baker Hughes, which also said it was expecting a challenging market for the rest of the year.
“In the USRead more