Saudi Arabia’s revenue from oil exports slumped to the lowest in almost four years in April as crude prices crashed.

Saudi Arabia's sovereign wealth fund's net profits plunged 60 percent in 2024, reflecting inflation and lower energy prices ...

Kogali, the World Bank's Country Director for the GCC Countries, said that the outlook for Saudi Arabia’s economy in 2025 is ...

Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region ...

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

The PIF said that the impairments were mainly related to changes in operational plans and increases in budgeted costs.

Oil prices have stabilised at pre-Middle East conflict levels following the start of the ceasefire. Expanding the oil supply ...

The Saudi royal and entrepreneur wants the Kingdom’s standing in food export markets to replicate its position in the global ...

Saudi Arabia's oil exports climbed by 7% month-on-month (MoM) to nearly 6.17 million barrels per day (bpd) last April, the ...

Russia, the United States and Saudi Arabia could act jointly to stabilise oil markets if needed, Russia's investment envoy ...

The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.