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…
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…
Saudi Arabia’s Agricultural Development Fund is stepping up efforts to bolster food security and sustain the Kingdom’s agricultural sector, raising self…
The head of a body representing global airlines said on Wednesday that even if Iran reopened the Strait of Hormuz it would take months for jet fuel supply to…
The dollar sank to its lowest level in a month while the euro, yen, Aussie and sterling rallied hard in Asian trading on Wednesday after US President Donald…
Türkiye and Syria are accelerating cooperation between their central banks, Trade Minister Omer Bolat said on Tuesday, adding that Syria’s central bank…
Türkiye is not ‌facing any problems regarding energy supply security due to the Iran war, but the situation is "volatile", Energy Minister Alparslan…
In a sign of a deep shift in the structure of financing within Saudi Arabia’s economy, and reflecting the goals of Vision 2030 to diversify the production base…