Why are oil prices up today, and will Brent crude futures and US WTI rates rise sharply in near future? Oil prices increased as hopes for a...

During his Caribbean tour, External Affairs Minister S Jaishankar highlighted India's role in "de-risking" the global economy. IMF data sup...

The United States and Gulf Arab nations are preparing a United Nations Security Council resolution. This resolution aims to condemn Iran fo...

The World Bank has significantly lowered its 2026 growth projections for Middle Eastern economies. This comes as a direct result of the ong...

The GCC countries are set to launch a pilot phase for a unified Schengen-style tourist visa in Q4 2025, enabling visitors to travel across ...

Saudi Arabia will permit non-Saudis to purchase real estate in specified zones, including Riyadh and Jeddah, starting January 2026. This in...

The World Bank has revised its growth forecast for Saudi Arabia, expecting the country's economy to contract by 0.9% in 2023. This is due t...

The UAE will also set up a Financial Stability Council to monitor risks, and deal with financial crises to further its objectives of becomi...

Seasonally adjusted real gross domestic product (GDP) grew 5.8% quarter-on-quarter on the back of a 12.9% growth in oil activities. The Sau...

The meeting will also discuss updates to the G20 action plan for supporting the global economy during the coronavirus pandemic.

The Saudis are leading a push among major oil producers to cut supplies.

The global rating agency lowered it's estimates for almost all major economies. For the G20 advanced economies, the report projected a cont...

Saudi Arabia is India’s fourth largest trading partner and India has long played an important role in its economy.

The market capitalisation of Aramco will be almost twice that of Apple Inc.

The decision is expected to generate about 35,000 jobs, and companies will be given sufficient time to deal with foreign labor contracts.

French Economy Minister Christine Lagarde said on Saturday that it would be good if oil prices settled at between $70 and 80 a barrel.

In a bid to boost trade and investment flows from the oil-rich Gulf, the government is planning to put in place comprehensive double taxati...