Saudi Arabia’s debt market is set for a strategic shift in early 2027, following J.P. Morgan’s announcement that local-currency bonds will be included in its…
S&P Global Ratings warned on Thursday that the risks to African sovereign credit scores were likely to worsen the longer the Middle East war drags on. The…
Gold prices fell on Thursday, pressured by a stronger dollar and elevated oil prices that stoked inflation worries, as investors tried to assess the conflict…
Britain's budget deficit for the last financial year narrowed to a six-year low as a percentage of economic output although borrowing for March alone exceeded…
Gold steadied on Friday as US-Iran ceasefire uncertainty lingered, but the metal stayed on course for a third consecutive weekly climb as investors priced in…
Saudi Arabia’s Business Confidence Index remained in optimistic territory at 52.1 points in March, underscoring private sector resilience despite geopolitical…
Syria ‌is in the final stages of establishing a correspondent bank account with neighboring Türkiye's central bank and will also discuss a potential…
OPEC Secretary General Haitham Al Ghais has reiterated the Organization of the Petroleum Exporting Countries’ commitment to support market stability and…
As regional economies reel from a complex and uncertain geopolitical landscape, with shipping disruptions through the Strait of Hormuz adding pressure, the…
The European development bank said Thursday it was unlocking five billion euros ($5.9 bn) to help shore up economies hit by the Middle East war. The…
Saudia announced on Thursday the partial resumption of its operations to and from Dubai, Abu Dhabi, and Amman starting Saturday, April 11. In a post on its…
The International Monetary Fund expects to have to provide up to $50 billion in immediate financial assistance to countries affected by the Middle East war,…
Cyprus' offshore Aphrodite field signed a 15-year deal to sell natural gas to the Egyptian Natural Gas Holding Company, one of the partners in Aphrodite said…
The impact on Türkiye's economy of the conflict in the Middle East may be temporary and reversible if the recent ceasefire holds, and authorities are ready…
Israel's energy ministry said on Thursday that it had instructed Energean to begin resuming operations at the Karish natural gas platform off Israel's…
Oil rose again to above $97 a barrel and Asian stocks were trading lower Thursday on skepticism over a fragile ceasefire between the US and Iran. Investors…
The World Bank has slashed its 2026 growth forecast for Middle East economies, saying overall GDP growth in the region is expected to slow from an estimated 3…
Wars cause large and persistent economic losses in countries where fighting takes place, with output declining by roughly 7% over five years on average, and…
At a time when global supply chains are being reshaped by rising geopolitical tensions and disruptions to key routes, led by the Strait of Hormuz crisis, Saudi…
Hapag-Lloyd voiced cautious optimism on Wednesday on the prospect of resuming shipping through the Strait of Hormuz after a two-week ceasefire agreed between…
Banking and ‌airline stocks led a more than 4% rise in Turkish shares and the lira was on track for a rare daily gain on Wednesday, as the two-week Middle…
Stock markets in the Gulf region jumped on Wednesday in line with global equities after US President Donald Trump agreed to a two-week ceasefire with Iran on…
Gulf banks are holding up well despite rising geopolitical tensions in the Middle East, underpinned by solid financial positions and early regulatory action,…
Gold prices climbed to a nearly three-week high on Wednesday as markets reassessed near-term risks after US President Donald Trump agreed to suspend bombings…
Oil fell below $100 per barrel on Wednesday after US President Donald Trump said he had agreed to a two-week ceasefire with Iran that was subject to the…
The euro zone's private sector expansion weakened sharply in March as the Middle East war drove up energy costs and disrupted supply chains, with overall…
China's President Xi Jinping has called for a demand-driven approach coupled with reform and technological empowerment to develop the service sector, the…