Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the…
Cryptocurrencies briefly dipped on Wednesday as Democrats won majorities in both the Senate and House in the US midterm elections, a potential blow to an…
Saudi Arabia’s non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank…
Saudi Arabia’s non-oil revenue surpassed oil revenue in the third quarter of 2026 for the first time since 2020, highlighting progress in diversifying…
Gold prices slipped for a second consecutive session on Wednesday as war-led inflation concerns weighed on expectations for interest rate cuts, with markets…
Following the adoption on Wednesday of the executive regulations governing fees on vacant properties, the Saudi real estate market is awaiting a new phase…
Global oil supply will not meet total demand this year as the Iran war wreaks havoc on Middle East oil production, the International Energy Agency said in its…
Iraq resumed condensate exports on Tuesday after a suspension caused by the Iran conflict and disruptions to regional shipping operations, the oil ministry…
The US-Saudi Business Council (USSBC) has announced the appointment of its significantly expanded and reconstituted Board of Directors, featuring an…
German shipping group Hapag-Lloyd on Wednesday reported a first-quarter loss, citing the impact of lower freight rates and operational disruptions stemming…
French oil major TotalEnergies, QatarEnergy and ConocoPhillips have signed a deal with the Syrian Petroleum Company to launch a technical review of the…
Saudi Arabia’s telecom sector entered a new stage of financial and operational maturity in the first quarter of 2026, as growth moved beyond subscriber gains…
Amid growing maritime disruptions across global shipping routes, Saudi Arabia’s export capability through the Red Sea has emerged as a strategic safeguard…
Gold fell from a three-week high on Tuesday, as slim hopes of a US-Iran peace deal drove the dollar and oil prices higher, clouding the US interest rate…
US consumer prices likely rose at a solid pace for a second straight month in April, which would result in the largest annual increase in inflation in more…
The US dollar strengthened broadly on Tuesday as talks to end the war in the Middle East showed no signs of progress, pushing oil prices higher and worrying…
Ship operators rely on a sludgelike substance known as bunker fuel to keep vessels running. The Iran war's closure of the Strait of Hormuz has choked off the…
The reputation of the Strait of Hormuz as a reliable artery for global energy trade may be permanently damaged by its prolonged closure, International Energy…
Oil prices rose nearly 1% on Tuesday as talks to end the US-Israeli war on Iran appeared fragile, with Tehran's response to a Washington proposal highlighting…
The mutual visa waiver for visits between Saudi Arabia and Russia took effect on Monday, marking a significant strategic step to strengthen economic and…
The ongoing energy supply shock is the largest the world has ever experienced, and continued disruption of the Strait of Hormuz could delay oil market…
Saudi Arabia is moving rapidly and steadily toward building a comprehensive industrial system, surpassing ambitions of mere assembly and importation, but…
Saudi Aramco reported a sharp rise in first-quarter profit for 2026, beating analyst expectations as higher oil prices and increased crude sales offset…
Prime Minister Narendra Modi on Sunday urged the people of India to cut down on petrol and diesel consumption amid supply disruptions due to the Middle East…
China's consumer prices ticked up in April as the cost of crude oil rose globally due to the Iran war, official data showed on Monday. Helped by the surging…
Asia’s first defenses against energy shocks from the Iran war are running short and a more consequential second wave of impacts is beginning to hit. When the…
French President Emmanuel Macron announced 23 billion euros ($27 billion) of investment for Africa during a major summit on the future of the continent hosted…
South Korean low-cost carriers have cut 900 round-trip flights and introduced unpaid leave and other emergency measures as the ongoing conflict in the Middle…