UAE lenders' 1.4x forward price-to-book ratio, exceeding Saudi banks' 1.3x, is supported by strong growth and healthy balance ...

Without a major change in the Iranian government, there remains a significant potential for future threats to oil supplies ...

I was scrolling through WhatsApp messages the other day in a group known as ‘Hasec Pioneers 1998-1999’, the group was created ...

Crude oil futures steady near the 200-day average as traders watch OPEC+ output plans and Saudi OSPs. Key levels could drive ...

Syria’s return to oil exports after the fall of the Assad regime is seen by many as a sign that Iran’s Shia Crescent of ...

Saudi Arabia's $925 billion sovereign wealth fund PIF said on Thursday it had launched a new unit that will be responsible to build and operate the facilities for the Expo 2030 world fair.

Saudi Arabia's economy grew by more than expected in the first quarter of 2025, according to government data estimates, with lower oil prices impacting the economy less than previously forecast. First ...

Saudi Arabia boosts output by up to 2.2M bpd, pressuring oil prices and forcing OPEC+ compliance. Crude oil falls below $60 as increased supply and weak demand weigh on the oil market outlook.

The Strait of Hormuz is a narrow waterway situated between Iran and Oman, linking the Persian Gulf to the Gulf of Oman and the Arabian Sea. At its tightest point, it spans just 21 miles, with shipping ...

A surge in Saudi corporate lending during the first three months of the year has fuelled the country’s fastest ...

The bank is issuing 6,250 Sukuks at a par value of $200,000; Maturity period is 10 years, but callable after five years ...

The expansion in Saudi Arabia's non-oil private sector activity accelerated in May, driven by robust client demand and a ...