Saudi Arabia's General Organization for Social Insurance (GOSI) has made businesses that have ceased operations and exited the Saudi market eligible for a 100%…
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…
China intervened to cushion rising fuel prices on Monday, increasing regulated ceiling prices for retail gasoline and diesel but limiting the hike to about…
The head of the International Energy Agency said Monday that the global economy faces a “major, major threat” because of the Iran war. “No country will be…
Stock markets in the United Arab Emirates declined on Monday as the ongoing regional conflict has driven sharp increases in energy prices, disrupted air travel…
The regional war is imposing heavy economic costs across the Arab region, with preliminary estimates pointing to about $63 billion in regional losses within…
European and US gasoline cargoes are heading to the Asia Pacific after Asian prices surged on tightening supply due to the US-Israeli war with Iran, according…
Gold prices slipped more than 2% on Monday, hitting a nearly four-month low, as an escalating Middle East conflict stoked inflation concerns and expectations…
Stocks tumbled Monday and oil prices rose after Donald Trump and Iranian leaders traded threats over the key Strait of Hormuz, while Israel said the Middle…
China Petroleum & Chemical Corp, known as Sinopec, reported a 36.8% decline in 2025 net profit on Sunday, citing rising substitution by new energy sources, and…
Egypt will settle $1.3 billion in arrears to international oil companies by June, the petroleum ministry said on Saturday, accelerating its previous timetable…
China's number two leader Li Qiang said Sunday that his country was willing to help expand the global "trade pie" by further opening up, state media reported,…
The European Commission on Saturday urged EU member countries to lower their target for filling natural gas storage in the coming months, to alleviate price…
Indian refiners plan to resume buying Iranian oil while refiners elsewhere in Asia are examining such a move after Washington temporarily removed sanctions to…
Iranian gas supplies to Iraq have resumed at a rate of five million cubic meters per day, the Iraqi electricity ministry said on Saturday, according ‌to…
The International Monetary Fund said that the economic impact of the ongoing conflict on Gulf Cooperation Council (GCC) states will depend on its duration,…
Italy is talking to several countries, including the United States, Azerbaijan and Algeria, to secure gas supplies now that Iranian strikes on Qatar appear to…
Shell said on Friday that full repair of its train two at the Pearl GTL (gas-to-liquids) facility in Qatar would take around a year, confirming a statement…
US stocks are sinking Friday as hopes wither on Wall Street for a possible cut to interest rates by the Federal Reserve this year because of the war with Iran…
Spanish Prime Minister Pedro Sanchez announced Friday a sweeping package worth five billion euros ($5.8 billion) aimed at cushioning the economic impact of the…
Russia's central bank on Friday cut its key interest rate to 15 percent from 15.5 percent as the economy slows under pressure from Moscow's protracted and…
Oil prices gained on Friday despite leading European nations, Japan and Canada offering to join efforts to secure safe passage for ships through the Strait of…
Syria's President Ahmed al-Sharaa said on Friday the 2026 budget was set at around $10.5 billion, nearly triple last year's level, state TV reported. He…
Eastern Mediterranean-focused gas producer Energean on Thursday suspended its 2026 outlook for Israel, citing the ongoing Middle East conflict that has forced…
Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and…