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 edged higher on Tuesday from a five-week low hit in the previous session, although gains were limited as elevated crude oil prices kept inflation…
The Central Bank of Syria on Monday issued a decision allowing banks and local electronic payment companies to work with global electronic payment companies…
Gold prices nudged lower in thin trade on Monday, weighed down by inflation worries that clouded the US monetary policy outlook, while markets awaited…
Global exports of liquefied natural gas fell to the lowest in almost two years in April, as the war in the Middle East disrupted flows of the super-chilled…
Turkish consumer price inflation surged to 4.18% month-on-month in April, while the annual figure climbed to 32.37%, data from the Turkish Statistical…
Seoul and Taipei hit record highs Monday as tech firms led a rally across most Asian markets, tracking a healthy day on Wall Street fueled by more strong…
Barclays on Monday joined a growing list of brokerages to bet on no policy easing from the US Federal Reserve this year, citing prolonged high energy prices…
Oil prices eased on Monday after President Donald Trump said the United States would begin an effort to assist ships stranded in the Strait of Hormuz, but the…
Australia and Japan have beefed up their cooperation around critical minerals amid a state visit by Japan's prime minister, with the countries providing A$1.67…
The United Arab Emirates has left the Organization of Arab Petroleum Exporting Countries (OAPEC), a statement from the intergovernmental organization that is…
Lebanon’s central bank Governor Karim Souaid said on Sunday a prioritization of smaller depositors that make up mostly 90 percent of accounts is both…
Kuwait's oil production is expected to reach 2.628 million barrels per day in June, the state news agency (KUNA) quoted the country's oil minister as saying…
In a short period, Saudi Arabia has moved into a phase of building global logistics influence through maritime alliances with major international companies…
Reserve assets at the Saudi Central Bank (SAMA) recorded a notable increase in March 2026, reaching 1.86 trillion riyals ($496 billion), the highest level…
The seven OPEC+ countries, which had previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq,…
Nissan Motor Co.’s Chief Performance Officer Guillaume Cartier said the Gulf and Middle East remain central to the company’s growth and profitability despite…
The tariff hike on cars and trucks from the European Union announced by US President Donald Trump could cost Germany nearly 15 billion euros ($17.58 billion)…
Barclays has raised its 2026 Brent crude forecast to $100 per barrel, signaling that prices could rise further if the impasse in the Strait of Hormuz continues…
Egypt has announced a new natural gas discovery in the Nile Delta with an estimated production of around 50 million cubic feet per day (mcf/d). This will add…
‌Iraq can restore oil output and exports to normal levels within seven days of the end of the crisis ‌over the ‌Strait of ‌Hormuz, Deputy …
Saudi Arabia has ranked second globally, after the United States, among the most attractive markets for data centers—an achievement that reflects the Kingdom’s…
China will not comply with US sanctions against five firms targeted for purchasing Iranian oil, Beijing's commerce ministry said on Saturday. China is a key…
Bankrupt discount carrier Spirit Airlines ceased operations on Saturday, the industry's first casualty linked to the Iran war, after failing to secure creditor…
China's railway network transported 24.8 million passengers on May 1, setting a new single-day record, according to data from the China State Railway Group. …