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Jack DuttonVice |
Since the ousting of longtime dictator Moammar Gadhafi in 2011, Libya’s oil sector has been unstable amid political unrest between two warring...
Turkey on Thursday insisted the PKK and all groups allied with it must disarm and disband "immediately", a week after a historic call by the Kurdish...
The latest decision comes after the European Union lifted several sanctions across banking and energy on Syria on Feb. 24.
Following the acquisition, the new firm, called Borouge Group International (BGI), will be the world’s fourth-largest polyofin company, said ADNOC...
Finance Minister Mehmet Simsek said he expected the decline in inflation to continue due to Turkish monetary policies.
Finance Minister Mehmet Simsek said he expected the decline in inflation to continue due to Turkish monetary policies.
Saudi Arabia's Public Investment Fund will stop granting consulting projects to PwC until February 2026, Bloomberg reported.
Israeli Prime Minister Benjamin Netanyahu dispatched negotiators to Cairo on Thursday after Hamas handed over the remains of four hostages in exchange...
The latest decision follows the United States sanctioning more than 30 entities involved in Iran's shadow fleet.
The kingdom, currently the world’s top oil exporter, looks to have half of its electricity powered by renewable energy by 2030.
Syrian President Ahmed al-Sharaa’s interim government has been trying to court the international community to encourage investment and ease...
JPMorgan will reclassify Kuwait and Qatar as developed markets and will soon begin their phased removal from its Emerging Markets Bond Index, from...
Militants on Thursday handed over the bodies of four hostages taken into Gaza during their October 2023 attack, with Hamas saying they include the...
The payments, by South Korea for Iranian oil, were initially frozen in Seoul bank accounts in 2019, after the Trump administration increased sanctions...
The World Bank has estimated that damage to physical structures alone will take around $30 billion to address, with housing accounting for 53% of the...
The agreement is expected to contribute $369 million to the UAE’s GDP and $874 million to Ukraine’s GDP by 2031.
The agreement is expected to contribute $369 million to the UAE’s GDP and $874 million to Ukraine’s GDP by 2031.
The start-up, once valued at more than $10 billion, has been struggling financially over the past year due to waning consumer demand.
Saudi Arabia's General Authority for Statistics said last week that the kingdom's non-oil GDP growth rate was up 4.3% from 2023, while oil activities...
Israeli Prime Minister Benjamin Netanyahu is set to begin talks Monday on a second phase of the ceasefire with Hamas as he meets with the new Trump...
The methanol facility, based in Abu Dhabi’s Al Ruwais Industrial City, is expected to be completed in 2028.
Foreign investors will have access to limited shares of companies listed on the Saudi capital market, convertible debt instruments or both, the Saudi...
Syria's new foreign minister, Asaad al-Shibani, attended the World Economic Forum in Switzerland this week, along with over 50 heads of state and...
This rise has been propelled by the country's growing non-oil trade and trade deals, the UAE minister told Al-Monitor.
Despite Israel’s economic stagnation last year, a new report found that high-tech — which accounts for 16% of all Israeli jobs — saw its gross...
Saudi Arabia, which saw $750 million in venture capital funding last year, saw a 44% drop in funding volume in 2024 compared to 2023.
Dar Global has agreed to a string of real estate deals with the Trump Organization, the company founded and owned by US President-elect Donald Trump.
The air defense system, developed by Aviv Israel Aerospace Industries, is designed to counter various aerial threats such as ballistic missiles and...
Turkey and Hungary said Friday that they had received waivers on gas payments to Russia after the United States imposed sanctions on Gazprombank...
ADNOC agreed in October to buy Covestro for 14.7 billion euros (then around $16.3 billion), including its debt, in its biggest-ever takeover.
For the first 10 months of the year, merger and acquisition deals in the region reached $36 billion, up by 88% from a year earlier, a Bain &...
A 2024 survey of 67 countries has ranked the United Arab Emirates first globally in 223 competitiveness indicators as the Gulf nation continues to...
Saudi Arabia’s Public Investment Fund said late Thursday it had taken a 15% stake in FGP Topco Ltd, the company that owns London’s Heathrow...
The Trump Organization and London-listed Dar Global will launch two new projects in the Saudi capital of Riyadh, as the incoming US president’s...
Israel on Friday denied claims it had struck or entered a flashpoint hospital in northern Gaza, saying it was operating nearby, after the clinic's...
The five-year agreement will increase collaboration between PIF and Bpifrance Assurance Export, focusing on projects to support Vision 2030, Saudi...
The European plane maker aims to develop local talent and technological expertise in the fast-growing Gulf market.
Norway’s sovereign wealth fund said it has sold all of its shares in Israel’s largest telcoms firm Bezeq, as it provides services to the Israeli...
Dubai’s real estate market, which has been booming for the last five years, is predicted to soar even higher.
French President Emmanuel Macron will meet Saudi Crown Prince Mohammed bin Salman for a one-on-one dinner on Tuesday.
The Dubai-based brewery will begin construction in late 2025 and has secured all necessary permits, Heineken said in a statement.
XRG, which will operate separately to ADNOC, is expected to double its asset value over the next decade.
Executives at the Middle East’s largest airline have frequently expressed their dismay over delays and uncertainty around the delivery of the...
The United States introduced Ukraine war-related sanctions last week against 118 individuals and entities tied to Russia’s financial sector,...
Emirati authorities said Monday three suspects from Uzbekistan were in custody over the murder of a rabbi, a rare violent incident involving an...
The UK-headquartered bank will pay a fine of 40 million pounds to British regulators for failing to disclose information of its rescue by Qatar...
Turkey's financial recovery travails are likely to be the key reason for the change in energy policy.
BlackRock, which manages around $11.5 trillion in assets, announced last month that it had obtained a license from the Saudi authorities to open a...
It is not the first time tensions have been frosty between Ben & Jerry's and its parent company over the Israeli-Palestinian conflict.
Trump's long-time friend will face a tough job in trying to quell a regional war that has been raging since Oct. 7, 2023, between Israel, Lebanon...
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