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 eight OPEC+ countries on Sunday agreed to a modest oil output boost of 206,000 barrels per day for April, a decision framed as a response to steady market…
Barclays boosted its Brent crude oil futures price forecast to around $100 per barrel on Saturday, up from $80 on Friday, after the United States and Israel…
Oil markets currently closed for the weekend are set to see price swings next week as the impact from the US and Israeli strikes on oil supplies from the…
The Israeli Energy Ministry has ordered the temporary shutdown of parts of the country's natural gas reservoirs after Israel and the United States launched…
Emirati company Dana Gas has suspended natural gas supplies from a major gas complex in northern Iraq amid the regional escalation, said authorities in Iraq's…
Some oil majors and top trading houses have suspended crude oil and fuel shipments via the Strait of Hormuz amid ongoing US and Israeli attacks on Iran and…
Cryptocurrencies dipped in weekend trading after the US and Israel said they had attacked Iran. Bitcoin fell 2% to just below $64,000 and ether slid…
Japanese Finance Minister Satsuki Katayama on Friday signaled heightened vigilance over currency moves, telling parliament the government is monitoring the yen…
China's central bank (PBOC) moved to rein in the fast-rising yuan on Friday, scrapping risk reserves requirements for forex forward contracts in a move that…
Oil prices rose around 3% on Friday as traders remained on alert for potential supply disruptions after the United States and Iran extended nuclear talks. …
The International Monetary Fund's executive board on Thursday approved an $8.1 billion, four-year loan for Ukraine, with $1.5 billion to be disbursed…
AviLease, the global aircraft leasing company headquartered in Riyadh, has reported a strong performance, saying it recorded in 2025 total revenues of $664…
Global debt climbed to a record $348 trillion at the end of 2025, after nearly $29 trillion was added over the year in the fastest yearly build-up since the…
The Saudi central bank's net foreign assets rose ‌by ‌about $15.61 billion ‌in January, central bank data showed on Thursday. Net foreign …
The launch of the National Privatization Strategy at the end of last month marked a decisive shift toward a sustainable, private sector-led model across Saudi…
Aramco announced Thursday major progress in its ambitious gas expansion strategy, with the start of production at Jafurah, the Middle East’s largest…
Oil prices fell on Thursday after the biggest jump in US crude inventories in three years, with signs of weakness in the physical oil market also weighing on…
German Chancellor Friedrich Merz ended his two-day visit to China on Thursday in the tech hub of Hangzhou, identifying "challenges that we must overcome…
US tariffs have rerouted trade, but not dented it as much as feared, allowing larger-than-expected economic growth in certain developing markets, the European…
Saudi Arabia recorded its highest quarterly level of non-oil exports since 2017 in the fourth quarter of 2025, highlighting a significant structural shift in…
The International Monetary Fund (IMF) has unlocked around $2.3 billion for Egypt after its latest program reviews, it said on Wednesday. Egypt secured an…
The IMF on Wednesday called on the United States to work with trading partners and find ways to mutually ease trade curbs, as it issued a review of the world's…