The price of OPEC's basket of fourteen crudes stood at $48.45 a barrel on Tues.
Qatar's voting stake in Swiss bank Credit Suisse has fallen to 15.91% from the 17.98% reported in June, a disclosure form on the SIX Swiss Exchange's website showed.
The entire business of Solidarity General Takaful (SGT) is proposed to be transferred to Al Ahlia Insurance Company, which is also seeking a conversion of its licence from conventional insurance to takaful.
Easyjet is in talks to buy assets from insolvent Air Berlin.
US President Donald Trump is still expected to impose steel import tariffs on national security grounds .
The circular said that the decision was taken at a meeting on Saturday, ditching the 250 riyal rate to the U.S. dollar currently in use.
With a subdued Summer trading season fading, all eyes are on the oil price during the last stretch of the year
All in all, oversupply will continue to dominate price action in the oil markets for the foreseeable future