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15 November, 2018 11:12 AM Saudi Crown Prince Exonerated In Khashoggi Murder, Says Prosecutor

Saudi Arabia's public prosecutor on Thursday exonerated Crown Prince Mohammed bin Salman in the murder of journalist Jamal Khashoggi, accusing two senior officials of giving the orders. A spokesman for the public prosecutor's office denied Prince Mohammed had any knowledge of the killing inside the kingdom's Istanbul consulate, in response to a journalist's 171

13 November, 2018 5:45 AM Mideast oil producers buoyed by higher prices, for now: IMF

A new report by the International Monetary Fund says higher oil prices are helping to offset increases in public spending by the Middle East's oil exporting heavyweights like Saudi Arabia, helping these countries narrow their budget deficit by $77 billion. The IMF's regional outlook report published on Tuesday found that the overall fiscal deficit for the Mideast's 48

13 November, 2018 2:20 AM Oil prices fall after Trump calls on OPEC not to cut supply

Oil prices fell by more than one percent early on Tuesday after US President Donald Trump put pressure on OPEC not to cut supply to prop up the market. US West Texas Intermediate (WTI) crude oil futures were at $59.00 per barrel at 0014 GMT, down 93 cents, or 1.6 percent from their last settlement. International benchmark Brent crude oil futures had yet to trade 58

12 November, 2018 8:07 AM Abu Dhabi summit: Oil production cuts may be necessary

Major oil producers on hand for a summit in Abu Dhabi acknowledge that production cuts of up to 1 million barrels a day may be necessary. Saudi Energy Minister Khalid al-Falih said on Monday that an analysis suggested that cut may be necessary, but authorities felt there were many assumptions built into that. His counterpart from the United Arab Emirates 72

7 November, 2018 11:58 AM China again declines to reveal details of financial assistance to Pakistan

China on Wednesday once again declined to quantify the financial assistance it is willing to provide to Pakistan after the just concluded visit of Prime Minister Imran Khan to Beijing even as it termed his talks with top Chinese leaders "very successful". Khan visited China from November 2 to 5 during which he held talks with President Xi Jinping and Premier 105

5 November, 2018 6:32 AM UAE amps up oil and gas output as Iran sanctions hit

UAE oil company ADNOC has announced the discovery of new oil and gas resources, with an eye on full self-sufficiency as US sanctions on Iran go into effect. State-run ADNOC, based in the oil-rich capital Abu Dhabi, said Sunday it had discovered new gas fields, totalling 15 trillion standard cubic feet, and another billion barrels of oil. The company 115

3 November, 2018 1:43 PM Starving 7-Year-Old Yemeni Girl, Whose Photo Sparked Global Anger, Dies

Amal Hussein Photo: The photograph shows an emaciated Amal Hussein, whose skin and bones can be seen, staring into space away from the camera. Amal Hussein, a malnourished 7-year-old girl from war-torn Yemen, whose photograph sparked shock and anger across the globe, died on Thursday. The photograph shows an emaciated Amal, whose skin and bones can be seen, staring 65

2 November, 2018 4:31 PM Imran Khan calls Xi Jinping a 'role model' as China promises $6 billion aid to Pakistan

Pakistan Prime Minister Imran Khan, who is on his maiden official visit to China after assuming power, on Friday met Chinese President Xi Jinping in Beijing. Pakistan Prime Minister Imran Khan, who is on his first official visit to China after assuming power, on Friday met Chinese President Xi Jinping in Beijing. Khan referred to the Chinese president 122

2 November, 2018 12:57 PM Country Might Get Iran Sanctions Waiver: Indian Oil

Major refiner Indian Oil said on Friday the US might allow the country to keep buying oil from sanctions-hit Iran as removing Iranian supplies from the market would impact global crude prices. "I can't say there will be a waiver or no waiver, but definitely we are hopeful that we will have some sort of clearance to continue with Iran," said Indian Oil chairman 86

1 November, 2018 1:07 AM Journalist Jamal Khashoggi murder outcry threatens US-Saudi ties, says former minister

Turki, to whom Khashoggi once served as an adviser, has also served as an ambassador to London and Washington.  WASHINGTON: The outcry in the United States demonising Saudi Arabia over the murder of Saudi journalist Jamal Khashoggi in the kingdom`s consulate in Istanbul threatens US-Saudi strategic ties, the former Saudi intelligence minister warned 114