GDP growth in the GCC is projected at 3.5 per cent in 2025. Interest rate cuts, together with further investment and structural reform initiatives, will mean non-oil growth of over 3.4 per cent in the ...
Qatar is set to provide Syria with natural gas through Jordan via the Arab Pipeline, a move seen as both addressing Syria's ...
Oil prices in the Middle East have experienced a significant decline, with the cost of Oman crude on the Gulf Mercantile Exchange falling below ... Notably, the United Arab Emirates will receive a 300 ...
The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region’s economy.
Most stock markets in the Gulf ended higher on Thursday, helped by a cooler-than-expected U.S. inflation print, although ...
Stock markets in the Gulf ended mixed on Wednesday, buoyed by Ukraine's readiness to support a proposal for a 30-day ...
Stock markets in the Gulf ended mixed on Wednesday ... hit by a 3.3% fall in ACWA Power Co and a 2.5% decrease in Saudi Arabian Mining Company. Elsewhere, oil giant Saudi Aramco was down 0.4%. Fitch ...
Most stock markets in the Gulf ended lower on Monday as U.S. import tariffs sparked concerns over global economic growth, ...
Saudi Arabia's benchmark index dropped 0.6%, hit by a 2.1% fall in ACWA Power Company and a 2.2% decrease in Saudi Arabian ...
Saudi Arabia's benchmark index dropped 0.6%, hit by a 2.1% fall in ACWA Power Company and a 2.2% decrease in Saudi Arabian Mining Company. Elsewhere, oil giant ... Federal Reserve's interest rate ...
Matein Khalid There is no economic reason why OPEC+ chose to add barrels to the global oil market at a time when bearish psychology and positioning dominates trading as attested by the plunge in ...
On Sunday, he gave more details in a post on Truth Social of the reserve ... Arab oil embargo throttled the U.S. economy. Presidents have tapped the stockpile to calm oil markets during war or when ...