|
![]() |
![]() Jack DuttonVice |
The PIF said that the impairments were mainly related to changes in operational plans and increases in budgeted costs.
Egypt's electricity and renewable energy minister met with a range of high-level officials and business leaders while on a visit to the Asian country...
A UAE fund has become the largest investor in World Liberty Financial, aiming to expand adoption of the Trump-linked stablecoin USD1.
EDF was appointed by the Saudi government in January 2024 to carry out preliminary studies on the conception and construction of a hydroelectric power...
Dozens of carriers have had to cancel or reroute flights as the conflict in the Middle East continues to escalate.
US President Donald Trump said he wants a "real end" to the conflict between Israel and Iran, not just a ceasefire, as the arch foes traded fire for a...
In Iraqi airspace, Iranian missiles and drones have crossed paths with Israeli warplanes, forcing Baghdad to step up efforts to avoid being drawn into...
Missile fire between the Middle East’s two biggest foes continued into its fifth day on Tuesday, with more than 220 people killed in Iran and more...
The price of Brent crude rose by more than 7%, even touching a high of $78 per barrel on Friday.
The critical waterway, which connects the Gulf, Gulf of Oman and the Arabian Sea, sees about a quarter of the world's oil shipments pass...
Iran on Thursday vowed to "significantly" increase its output of enriched uranium in defiance of US demands ahead of a new round of nuclear talks, and...
Binance’s announcement comes after the United States and the European Union lifted most economic sanctions on Syria last month.
Al Habtoor Group's announcement comes after the United States and European Union lifted most economic sanctions on Syria last month.
Both far-right Israeli ministers will have their assets frozen and face travel bans.
The alleged ringleader, a hotel owner identified as "H.O.," stole the money by sharing credit card details of tourists checking into the property.
It marks a major milestone in Syria’s economic recovery from sanctions imposed in 2011 in response to human rights abuse allegations against the...
A man yelling "free Palestine" used incendiary devices to torch protesters rallying in support of Israeli hostages, injuring at least eight people in...
The region's airlines are forecast to hit a profit margin of 8.7% in 2025, slightly lower than last year's figure of 8.9% but the highest in the...
The UN warned Friday that the entire population of Gaza was at risk of famine, as an Israeli far-right minister urged the use of "full force" against ...
Egypt has denied that a controversial court ruling over Sinai's Saint Catherine monastery threatens the UNESCO world heritage landmark, after Greek...
Tokyo has been moving more cautiously than its Western allies in liftin sanctions on Syria and still has many in place.
Syria’s electricity grid needs extensive expansion after 14 years of civil war.
The Gulf airline said in a statement it was the strongest financial performance in its 27-year history.
The United States and Qatar inked economic deals worth more than $243.5, laying the groundwork for a bigger $1.2 trillion package of expanded...
The economic partnership agreement includes energy, mining and defense pacts, according to a White House readout.
China and the United States said on Monday they agreed on a deal to cut reciprocal tariffs by 110% from May 14 as they seek to end the trade war that...
Gulf states are estimated to manage 40% of the world’s sovereign wealth and are some of the biggest investors in the United States.
Pakistan closed its airspace for 48 hours starting early Wednesday following Indian airstrikes on several locations that left at least 15 people dead.
US President Trump is visiting Saudi Arabia, Qatar and the United Arab Emirates on May 13-15 in his first foreign visit since returning to the White...
Turkish Trade Minister Omer Bolat said on a visit to Tripoli that the two countries want to increase their annual trade volume from $3.7 billion to...
US and Iranian diplomats have in recent weeks held three rounds of Oman-mediated talks aimed at reaching a new deal on Iran's nuclear program.
The joint venture will engage in port operations, crude oil transportation and other activities at the refinery and petrochemical complex in the...
Firefighters in Iran battled raging fires on Monday at the country's largest commercial port, two days after a massive explosion killed at least 46...
Two sources from Jaish al-Islam, a military faction now part of Syria's transitional authorities, told AFP on Monday that its leader had been arrested...
A top Palestinian official told the International Court of Justice Monday that Israel was blocking humanitarian aid to Palestinians in Gaza as a...
Iranian President Masoud Pezeshkian Monday met with Azerbaijani President Ilham Aliyev, on a rare visit to Baku, marking the latest sign of a thaw in...
Both Gulf states have played a key role in the diplomatic outreach of Syria's new government.
Iranian Oil Minister Mohsen Paknejad is in Moscow this week, meeting with Russian Energy Minister Sergei Tsivilev on Friday.
It marks the second raft of sanctions on Syria lifted by the United Kingdom since the toppling of long-time dictator Bashar Al-Assad in December and...
Tears mixed with smiles as a dense crowd flocked to the requiem mass for the pope at Jerusalem's Church of the Holy Sepulchre on Wednesday."He gave us...
Syria's new government faces the task of revitalizing an economy that has been devastated by 14 years of war and ravaged by international sanctions.
Trade between Indonesia and the Gulf is rising and negotiations are underway for a GCC-Indonesia free trade agreement.
The data was released as Turkey has been facing economic turmoil and currency volatility.
Data from analytics firm Kpler from April 11 showed that Iran’s imports were up 20% from February and at a five-month high.
Gaza rescuers said a pre-dawn Israeli air strike Friday killed 10 members of the same family, as the UN said dozens of recent attacks on the...
Since US President Donald Trump announced reciprocal tariffs on more than 180 countries on April 2, Beijing has stepped up engagement with Riyadh.
Over the last week, oil prices have plummeted amid the escalating trade war between the United States and China.
Commitments from Abu Dhabi–based asset manager Lunate and the Qatar Investment Authority, the sovereign wealth fund, increased Affinity’s assets...
Donald Trump announced on Wednesday 25% tariffs on imported cars and light trucks entering the United States, set to take effect on April 2, further...
The UAE's influential national security advisor, who chairs some of the country's most important funds and firms, will reportedly meet with White...