Saudi King Salman on Thursday issued a decree allocating 72 billion riyals ($19.2 billion) of stimulus funds to support the Saudi private sector. The package aims to boost the role of the private sector in light of economic reforms to diversify the Saudi economy away from oil following...

Saudi Arabian Oil Co. is asking banks to pitch for roles as coordinators and bookrunners on its initial public offering, people familiar with the matter said, as the state-owned crude producer pushes ahead with plans for the world’s biggest share sale. The company sent out the request...

The United States, which wants to prevent violence spilling over from Syria into Lebanon, will give the Lebanese army $120 million more in aid to boost border security and counter-terrorism work, the U.S. ambassador to Lebanon said on Wednesday. Lebanon will get six MD 530G light attack...

Israeli Prime Minister Benjamin Netanyahu said Wednesday he was "not impressed" by Muslim leaders' statements on occupied Jerusalem after they urged the world to recognize the city's eastern sector as the capital of Palestine. "We are not impressed by all these statements," Netanyahu...