UK hits oil and gas companies with $6 billion windfall tax

The UK government is introducing a £5 billion ($6.3 billion) tax on the windfall profits of its oil and gas...

Saudi cable manufacturer Aslak sees 40% surge in H1 profits

RIYADH: Saudi United Wire Factories Co., known as Aslak, has seen its profits surge 40 percent to SR42 million ($11.2...

The weapons seizure so big it covered the rear deck of a 567-foot US warship

A joint US Navy and Coast Guard team seized thousands of illicit weapons last week after stopping a small ship...

Latest Posts