Russian President Vladimir Putin plans to meet Saudi Crown Prince Mohammad bin Salman at the Group of 20 summit in Japan this week, just days before OPEC and its allies gather in Austria to discuss extending oil-output cuts.
German automaker Daimler AG said its Mercedes-Benz luxury brand plans to assemble cars in Egypt in cooperation with a local partner.
Just weeks ago, U.S. energy giant ExxonMobil looked poised to move ahead with a $53 billion project to boost Iraq’s oil output at its southern fields, a milestone in the company’s ambitions to expand in the country.
When the courtship between Russia and Saudi Arabia and its Gulf allies began more than four years ago, the prospect of billions in new investment for the...
Abu Dhabi Financial Group agreed to a reverse merger with Shuaa Capital PSC that will create a bank managing $12.8 billion of assets.
The United Arab Emirates said foreign executive directors will be eligible for long-term residency permits if they earn a monthly salary of 30,000 dirhams...
The cost of insuring Middle East oil shipments is soaring as tensions mount in a region responsible for a third of all seaborne petroleum.
Fitch Ratings Wednesday expressed doubt that Lebanon will be able to fully implement the reforms mentioned in the 2019 draft budget.
Lebanon’s GDP growth has fallen to zero percent so far this year, but the prospects of an improved economic performance for the end of 2019 is still on the...
Bitcoin’s furious run is starting to look more and more like it did at the height of crypto-mania two years ago.
Clean energy resources supplied more of America’s electricity than coal for the first time ever in April.
MSCI Inc. will probably upgrade Kuwaiti equities to its main emerging-market index this week, which could trigger $2.8 billion of inflows from passive funds,...
Turkey’s lira erased its gains as the prospect of U.S. sanctions over the country’s planned purchase of a Russian missile defense system took the shine off...
Just weeks ago, U.S. energy giant ExxonMobil looked poised to move ahead with a $53 billion project to boost Iraq’s oil output at its southern fields, a...
Some evidence used to charge Huawei Technologies Co. with bank fraud and violating U.S. sanctions on Iran was deemed so sensitive that the Chinese telecom...
Saudi Arabia began courting Toyota two years ago to build a large car plant as part of Crown Prince Mohammad bin Salman’s grand plan to wean the kingdom off...
A boutique investment firm founded by former UBS Group AG banker Yassine Bouhara is bidding to buy funds managed by the collapsed Abraaj Group, according to a...
Saudi Arabian Airlines, the kingdom’s national airline, said Tuesday it had ordered 65 A320neo-type aircraft from Airbus, worth more than $7.4 billion at list...
Hizir Albayrak began work in a tiny children’s store in the Istanbul bazaar 25 years ago, in the same year that future President Recep Tayyip Erdogan took...
Broadcaster BeIN Media Group has cut almost a fifth of staff at its Qatari base, citing a hit to pay-TV income from rampant piracy that it says is backed by...
Palestinian finances are on the brink of ruin after the suspension of hundreds of millions of dollars of U.S. aid, the head of the Palestine Monetary...
In the old khan, a stone courtyard off Aleppo’s medieval souk, most of the 41 cloth shops are deserted.
Egypt reached a settlement agreement with state-owned Israel Electric Corp. to pay a reduced fine for halting deliveries of natural gas, ending a dispute that...
Russia’s energy minister was set to arrive in Tehran Monday, hoping to nail down a new date for the next meeting of OPEC and its oil-producing partners.
Saudi Arabia’s crown prince said Sunday that the government will finalize privatization deals worth 2 billion riyals ($533 million) before the end of this...
Turkey on Saturday lambasted Moody's ratings agency after it cut Ankara's credit rating further into junk territory, saying the downgrade raised concerns over...
Saudi Energy Minister Khalid al-Falih said Saturday that he hopes oil producers will be able to balance the oil market before next year.
Every major stock index in the Gulf retreated after an incident in the Sea of Oman threatened to inflame the already tense relationship Iran has with its...
Risks to Tunisia’s push to revive its economy remain “very high,” the International Monetary Fund warned as it signed off on a sorely needed loan installment.
A senior advisor to the EU's top court said Thursday it was his legal advice that products from Israeli-occupied Arab territories must be clearly labeled as...
Iran has been racing to step up exports of petrochemicals and tap new markets to compensate for sliding oil sales, Iranian and international industry sources...
Saudi Arabia has been climbing so quickly in a ranking that tracks flows into exchange-traded funds of developing countries this year that it could soon be...