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.» Read More
Businesses can lower risk to their supply chains by setting up shop in these countries, a study says.
DUBAI, March 19- U.S. shale drilling may be slowing, but not fast enough for OPEC to change policy at its June meeting or to prevent oil prices maybe falling more, in the view of the group's Gulf members. At its last meeting in November, OPEC kingpin Saudi Arabia persuaded fellow members to keep production unchanged, accelerating the sharp oil price drop to a low around...
CERNOBBIO, Italy- European Central Bank board member Sabine Lautenschlaeger takes part in event on "The Outlook for Economy and Finance"- 0745 GMT. Speakers:- European Central Bank board members Sabine Lautenschlager and Peter Praet, Germany's Bundesbank board member Andreas Dombret and Germany's Bundesbank Deputy President Claudia Buch.
*Gulf has biggest contingent at Egypt investment summit. DOHA/ ABU DHABI/ KHOBAR, Saudi Arabia, March 12- G ulf Arab governments are encouraging- and in some cases pressuring- hundreds of companies to attend an international investment summit in Egypt this week, in a move that may help the firms become top players in a rebounding Egyptian economy.
LONDON- Bank of England's Martin Weale speaks at the City and Islington Sixth Form College- 1500 GMT. LONDON- Bank of England's Martin Stewart speaks at the Mortgage Finance Gazette conference- 1625 GMT. FRANKFURT- European Central Bank President Mario Draghi gives keynote speech at opening of conference focused on the effectiveness of the central bank's...
As the U.S. reduces its military budget, Jim Cramer sees allied countries are arming themselves. This is good news for one group of stocks.
CNBC's Phil Han reports on the unexpected delay in the delivery of Airbus' brand new A350 aircraft to Qatar Airways.
The owner of London's Canary Wharf on Friday rebuffed a raised $4.1 billion bid from Qatar and a North American investor.
CNBC's Phil Han takes a look at which foreign governments are buying up big chunks of prime London real estate.
Countries around the world that rely on oil revenues are bracing for an imminent economic and budget hit.
Oil could continue its deep slide, under new pressure from Saudi Arabia's decision to cut its selling price rather than cut production.
The top soccer official in the U.S. wants to change the way FIFA, soccer's world governing body, does business.
Qatar has introduced reforms aimed at its migrant workforce following criticism of conditions at its sites for the 2022 World Cup.
Before fighting in Gaza can end, Hamas may need to address a problem—its payroll.
James Dorsey, Senior Fellow at S. Rajaratnam School of International Studies, discusses whether corruption and labor abuse claims could cost Qatar hosting rights for the 2022 World Cup.
Khalid Al Khater, Director, Department of Research and Monetary Policy at Qatar Central Bank, outlines how the government has taken steps to contain overheating in its economy.
R. Seetharaman, CEO of Doha Bank, says Qatar has a history of financial stability with solid underlying economic fundamentals, and discusses the World Cup corruption allegations.
Kevin Carpenter, sports lawyer at Hill Dickinson, discusses the latest corruption allegations regarding Qatar's 2022 World Cup bid and the different options available to FIFA.
Mel Goldberg, solicitor at Mel Goldberg Law, discusses the Qatar 2022 World Cup and the FIFA investigation into corruption allegations.
Jonathan Taylor, U.K. partner at Bird & Bird, talks about the investigation into the corruption allegations surrounding the 2022 World Cup bidding process.