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…
The Strait of Hormuz is no longer merely an international waterway. In a decisive moment, it has turned into a tightly sealed bottleneck choking the global…
Gold prices rose over 1% on Wednesday, rebounding from a more than one-week low hit in the previous session, as a widening Middle East conflict sent global…
Rising geopolitical tensions are clouding the outlook for growth, inflation and capital flows across the Middle East, raising questions about the region’s…
The Middle East war's impact on the global economy will depend on its duration and damage to infrastructure and industries in the region, particularly whether…
Iraq has cut oil production by nearly 1.5 million barrels a day and those cuts could widen to more than 3 million bpd within days as the country runs out of…
Amazon said Monday that two of its data centers in the United Arab Emirates were hit by drones, while a drone strike near one of its facilities in Bahrain …
Global energy markets are on maximum alert following the military escalation in the Middle East. The outbreak of direct confrontation between the United States…
Growth in Saudi Arabia's non-oil private sector slowed slightly in February, a survey showed on Tuesday, although demand remained strong. The seasonally…
Qatar's LNG production halt due to Iranian strikes will not immediately affect Japan's energy supply, and if there is any impact, Japan could tap the spot…
Turkish inflation cooled to 2.96% on a monthly basis in February while the annual figure rose to 31.53%, largely as expected, according to official data on…
Egypt's non-oil ‌private sector output contracted in February for the first time in four months, as demand softened and cost pressures intensified, S&P…
A prolonged war in the Middle East could cause a substantial spike in euro zone inflation and reduce economic growth, European Central Bank Chief Economist…
Japan is in talks with India to jointly explore rare earth deposits in the desert state of Rajasthan, two people familiar with the discussions said, as Tokyo…
The price of flights between Asia and Europe has soared after the closure of key Middle Eastern hubs due to the US-Israel war against Iran, with airline…
Emirates, flydubai and Etihad Airways will resume a limited number of flights on Monday, mainly to help repatriate stranded passengers, as global carriers…
Qatar's state-run energy firm said on Monday it had halted liquefied natural gas production following Iranian attacks on facilities at two of its main gas…
Oil and gas prices soared, stock markets slid and the dollar firmed on Monday as the widening Iran war shook financial markets across the globe. European…
India and Canada on Monday reached a string of agreements, including on critical mineral cooperation and a "landmark" uranium supply deal for nuclear power,…
Türkiye's economy grew 3.4% year-on-year in the fourth quarter of last year, with full-year growth also just below forecast at 3.6%, official data showed on…
Oil price reporting agency S&P Global Platts is suspending bids and offers for price assessments of Middle East refined products that transit the Strait of…
Container shipping company Maersk said it was halting passage through the Suez Canal and the Strait of Hormuz for "safety" reasons. The Danish group was…