On a windy hillside about an hour's drive northwest of Istanbul, the Catalca power plant was one of Türkiye's first large-scale wind farms and has been feeding…
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…
In a bid to break the paralysis affecting one of the world’s most critical waterways, US President Donald Trump has proposed to provide insurance risk…
World food prices rose in February after falling for five straight months, as higher cereal, meat and most vegetable oil prices outweighed declines in cheese…
Asian energy buyers are scrambling to find alternatives as the Iran war creates unprecedented supply disruption, but the region has limited longer-term options…
Rating agency Fitch affirmed that Saudi banks have solid capital and liquidity buffers, making them less vulnerable to the impact of the recent regional…
The European Central Bank has no pre-set stance as regards to geopolitical tensions from the conflict in the Middle East and will decide monetary policy on a …
Airline shares seesawed on Thursday, as some regained ground on more flights taking off from the Middle East while others dipped on spiking oil prices after US…
Gold prices rose on Thursday, lifted by safe-haven demand amid an escalating war in the Middle East, though a stronger dollar and concerns around the US…
Lebanon's defaulted sovereign bonds scaled fresh six-year highs on Thursday as the widening conflict in the Middle East fuelled hopes that a weakened Hezbollah…
DHL is still accepting delivery orders in the Middle East despite the escalating conflict, its chief executive said on Thursday, but warned there would be…
The US-Israel war with Iran could disrupt supplies of key semiconductor manufacturing materials, a South Korean ruling party lawmaker said on Thursday, as the…
The US and Israel's attack on Iran is expected to ‌weigh more on India's economic growth than its inflation, which will encourage the Reserve Bank of…
China has told its largest oil refiners to suspend exports of diesel and gasoline, Bloomberg News reported Thursday, citing unidentified sources, as the war in…
The UAE stock markets fell in early trade on Thursday, extending losses from the previous session after exchanges reopened following a two-day trading halt…
Amid the ongoing Iran war and Tehran’s announcement of the closure of the Strait of Hormuz, a key artery for global energy supplies, Egypt has begun…
As regional military tensions escalate and attacks on shipping in the Strait of Hormuz recur, Saudi Arabia’s East-West oil pipeline has re-emerged as a…
Hungary wants guarantees from Russia that it will not charge Budapest more for oil and gas, despite global prices jumping due to conflict in the Middle East,…
Gold prices climbed 2% on Wednesday, rebounding from their lowest in more than a week reached in the previous session, as the dollar took a breather and…
European stock markets firmed on Wednesday after a global rout driven by fears that surging energy prices from the Middle East war could fan inflation and hit…
Oil prices rose about 1% on Wednesday as US-Israeli strikes on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after…
Chinese shipping and logistics conglomerate COSCO Shipping's container liner unit said on Wednesday it had suspended all new bookings for routes to and from…
France is planning a meeting of G7 finance ministers on the Middle East crisis, with central bankers also in attendance, the country's Economy and Finance…
Dubai and Abu Dhabi stocks tumbled on Wednesday as they reopened after a two-day halt following Iran's unprecedented wave of missile and drone attacks on the…
Pakistan has asked Saudi Arabia to route oil supplies through the Red Sea port of Yanbu after the closure of the Strait of Hormuz disrupted shipping, the…