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Saudi Arabia’s Non-Oil Sector Contracts in March Amid Middle East Tensions, PMI Shows

Saudi Arabia’s non-oil sector contracted temporarily in March for the first time since 2020. This decline reflected the impact of geopolitical tensions in the...
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Qatar and Ukraine Sign Defence Cooperation Deal for Joint Military Projects and Tech Collaboration

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Kuwait Oil Tanker Fire Near Dubai After Attack Raises Gulf Shipping Security Concerns

A fire aboard Kuwait’s crude oil tanker Al-Salmi has raised fresh concerns over Gulf shipping security after the vessel came under attack near Dubai....
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Oman Development Tenders Approved for $86 Million Projects

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Saudi Arabia’s Non-Oil Sector Contracts in March Amid Middle East Tensions, PMI Shows

Saudi Arabia’s non-oil sector contracted temporarily in March for the first time since 2020. This decline reflected the impact of geopolitical tensions in the...

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Saudi Arabia’s Non-Oil Sector Contracts in March Amid Middle East Tensions, PMI Shows

Saudi Arabia’s non-oil sector contracted temporarily in March for the first time since 2020. This decline reflected the impact of geopolitical tensions in the...

Qatar and Ukraine Sign Defence Cooperation Deal for Joint Military Projects and Tech Collaboration

Qatar and Ukraine have signed a new defence cooperation agreement, opening the door to joint military projects, technology collaboration, and closer strategic coordination. The...

Kuwait Oil Tanker Fire Near Dubai After Attack Raises Gulf Shipping Security Concerns

A fire aboard Kuwait’s crude oil tanker Al-Salmi has raised fresh concerns over Gulf shipping security after the vessel came under attack near Dubai....

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Saudi Industrial Output Rises in February on Manufacturing Growth

Saudi Arabia’s industrial production showed promising growth in February, reflecting positive trends in manufacturing and other key sectors. According to data from the General...

Saudi Aramco Cuts Oil Prices to Asia to Four-Month Low

Saudi Aramco, the world’s largest oil company, lowered the price of its crude oil for Asian buyers in May 2025, marking the lowest price...

Bahrain All Share Index Drops 11 Points

Bahrain's All Share Index closed at 1,938.52 points, reflecting a decline of 11 points from the previous day’s closing. Losses in the financial and...

Dubai’s Financial Growth Transforms Global Business

Dubai has evolved into a major financial hub, driven by its strong economy, business-friendly laws, and modern infrastructure that attract global investors. This financial...

BP Signs Deal to Develop Iraq’s Oil Fields with 20 Gboe Potential

BP, the UK-based oil and gas giant, has struck a significant deal with the Iraqi government to invest in the redevelopment of major oil...
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