Saudi Arabia’s commercial court has opened a new phase in the trajectory of nana, a grocery delivery app, after approving financial reorganization proceedings…
The ‌conflict between Iran and the United States and Israel is creating the worst energy crisis ever faced by the world, the head of the International…
Oil prices fell over $1 on Tuesday, reversing gains in the previous session, on expectations peace talks between the US and Iran will take place this week and…
Disruption to global oil supplies from the Iran war has added more than $100 to the price of long-haul flights from Europe, a cost likely to trigger higher…
The International Monetary Fund said the Middle East, North Africa, and Pakistan were facing a pivotal and exceptionally difficult moment in their modern…
Pakistan announced that it has received $2 billion from Saudi Arabia’s Ministry of Finance as part of a broader financial support package. Earlier,…
Gold prices rose on Thursday as growing optimism about a possible end to conflicts in the Middle East calmed inflation worries and improved prospects for lower…
Britain's economy put on a burst of growth in February, suggesting it was in slightly better shape before the start of the Iran war than many economists had…
Oil prices were little changed on Thursday, reversing earlier declines, on skepticism that peace talks between the US and Iran will reach a deal to end the war…
TotalEnergies expects a significant increase in first-quarter earnings from a strong trading performance, as well as in its upstream production and oil sales…
Spanish energy group Repsol is poised to take back operational control of its Venezuelan oil assets and boost production following a deal signed with the South…
China's economy expanded more than expected in the first three months of the year, with official data Thursday indicating resilience in the face of a Middle…
Saudi Minister of Finance Mohammed Al-Jadaan has held a series of meetings in Washington, D.C. to discuss strengthening bilateral economic cooperation and…
Syria began loading its first tanker carrying Iraqi oil on Wednesday at the Baniyas port refinery, according to state media. With maritime traffic through…
South Korea has secured 273 million barrels of crude oil from the Middle East and Kazakhstan through the end of the year, with supplies routed outside the…
The United Arab Emirates and Jordan signed on Wednesday an agreement to launch a $2.3 billion rail project to Aqaba port and to create a joint company to build…
The Public Investment Fund (PIF) Board of Directors, chaired by Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has approved…
At a time when geopolitical tensions are disrupting the stability of vital maritime corridors, fundamental questions are emerging about the ability of major…
The aviation services sector continues to demonstrate strong resilience amid geopolitical tensions disrupting air traffic across the Middle East, said Hassan…
Saudi Arabia will provide $3 billion in additional support for Pakistan to help the South Asian nation bridge a multi-billion-dollar gap in its finances linked…
South Korea has secured supplies of more than 270 million barrels of crude oil via routes unaffected by the US blockade of the Strait of Hormuz, a senior…
Oil prices fell for a second day on Wednesday on expectations peace talks between the US and Iran may resume and supply will eventually be released from the…
The International Monetary Fund cut its 2026 growth forecasts for Gulf economies, citing uneven exposure to energy markets and trade disruptions, as well as…
As military tensions flare in the Strait of Hormuz, another battle is unfolding behind the scenes, one no less dangerous. Insurance companies have emerged as…
The world may be already drifting towards the International Monetary Fund's "adverse scenario" forecast of weaker 2.5% global growth in 2026 even as it…
Baghdad's oil ministry said Tuesday it has "understandings" with the United States and Iran to reduce the impact of the blockade of the Strait of Hormuz on…
Saudi Arabia has invested about SAR100 billion ($26.7 billion) in its water sector since 2018, as part of its National Water Strategy to improve efficiency and…
Gold prices rose on Tuesday, supported by a softer dollar and easing inflation fears as oil prices dropped on hopes of further US-Iran peace talks. Spot…