Saudi Arabia has summoned bankers to meetings in Riyadh next week as it seeks to launch its debut international bond, the Financial Times reports. » Read More
The meeting was the latest sign of renewed efforts by OPEC members to try to tackle- possibly together with non- OPEC producers- one of the worst oil gluts in history, which has pushed oil prices to the lowest in more than a decade.
Here are the countries that are most resilient to the impact of oil prices—and those hit hardest.
CNBC's Michelle Caruso-Cabrera reports on trading action in Dubai, Saudi Arabia, Tehran and Qatar.
CNBC's Hadley Gamble reports from Riyadh as Qatar becomes the latest gulf nation to withdraw its representative in Iran following attacks on the Saudi Arabian embassy.
With resources stretched to their limits and political pressure building in the West, will Gulf countries help absorb migrants?
Plunging oil prices have left many crude-exporting countries with budgets that simply won't balance.
Countries such as Qatar, Oman and Saudi Arabia can provide the best financial rewards for expats.
Middle East countries offer the best financial rewards for people thinking of living abroad, according to a survey of 21,950 expatriates.
Amnesty International says authorities are not delivering enough labor reforms.
Akbar Al Baker, CEO of Qatar Airways, says he will buy Chinese airplanes when they reach the right standard of quality.
Qatar Airways said it did not plan to place an order at the 2015 Dubai Air show, but promised a new luxury product after taking a 'breather'.
Akbar Al Baker, CEO, Qatar Airways, says he welcomes news of a Chinese-manufactured aircraft, saying it may help end the supplier monopoly held by Airbus and Boeing.
Akbar Al Baker, CEO of Qatar Airways, tells CNBC that the diversion from the Sinai peninsula won't have a large impact on his company in the wake of the Russian plane crash.
Akbar Al Baker, CEO of Qatar Airways, tells CNBC that European carriers are afraid of competition with his airline, which is providing customers with good value for money.
Qatar Investment Authority is likely to be nursing losses on eight of its top 10 holdings including Glencore, the FT reports.
Saudi Arabia derives 80 percent of its revenue from oil and has a budgetary "break-even" point almost double the current per-barrel price of $40.
Russia and Qatar, hosts of the next two soccer World Cup tournaments, could lose the right to hold the games if evidence of bribery emerges.
Qatari stocks slipped to hit a six-week low on Wednesday, as fears that Qatar could miss out on hosting the World cup in 2022 resurface.
The corruption scandal at football's governing body doesn't involve entities under the soccer group's control, a former candidate for FIFA's top spot said.
Qatar losing the right to host the FIFA World Cup is “within the realm of possibility,” Citi bank has said, with Wednesday’s arrests “bearish” for the Arab emirate’s banks.