News

Bank of New York Mellon has received a licence to set up a regional headquarters in Saudi Arabia, it said on Thursday, ...
Arabian Gulf Business Insight on MSN1h
PIF raises $1.25bn from year’s second debt sale
Saudi Arabia’s Public Investment Fund (PIF) has sold $1.25 billion in 7-year sukuk, tapping the bond market for the second time this year. The sovereign wealth fund was able to lower the price ...
The International Monetary Fund said on Thursday it now expects Middle East and North Africa economies to grow by just 2.6% ...
Oil prices steadied in early Asian trade on Thursday, finding footing a day after a steep decline triggered by signs that ...
U.S. crude oil stockpiles fell unexpectedly by 2.7 million barrels last week on higher export and refinery demand, the Energy ...
Crude oil futures closed lower for a third straight day, hit by a surprise Q1 contraction in U.S. economic activity and a Reuters report that Saudi Arabia is prepared to handle a prolonged period of ...
The announcement of a golf resort in Qatar underscores the deepening ties between Trump's affiliated company and Gulf nations.
Wednesday closed down -2.21 (-3.66%), and June RBOB gasoline (RBM25) closed down -0.0393 (-1.91%). Crude oil and gasoline ...
Oil prices settled down on Wednesday and recorded the largest monthly drop in almost 3-1/2 years after Saudi Arabia signaled ...
Oil prices are experiencing a significant drop as Saudi Arabia plans to boost production and the trade war impacts demand.
Crude oil prices capped their worst monthly drop since November 2021 as fears over a global economic downturn and demand ...