Middle East

India secured a 10-year Chabahar Port deal with Iran, bypassing Pakistan's Gwadar. The investment totals $370 million. The move strengthens regional ties and enhances trade routes amid escalating tensions.

Chinese companies won five more bids to explore and develop oil and gas fields in Iraq...

Despite the Biden administration's pause on one bomb shipment and review of others due to concerns over potential civilian casualties, Israel is still set to receive US weaponry worth billions of doll..

Red Sea container shipping is experiencing increased disruption, according to Maersk, which predicts that capacity between Asia and Europe would be reduced by up to 20% in the second quarter...

Israel is "unaware" of any US decision to halt a supply of ammunition ...

The European Union has recently unveiled a substantial aid package of ...

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Saudi Arabia just got a negative rating from Fitch, from AA to AA-. The downgrade is due to the oil-rich kingdom's decision to slash its average oil price assumptions from $35 to $45 a barrel for 2016

The US government doesn't seem be in favor of giving total access to Iran on its financial system. US President Barack Obama said the government is not looking to permit the use of its financial syste

The Kingdom of Saudi Arabia is poised to sell bonds after it has secured syndicated loans. The government is already in talks with the banks and will host Euromoney Saudi Arabia Conference on May 3 t

Camels are being born and bred for special purposes - racing and marketing. This type of industry has already made millionaires and still making more of them.

Abu Dhabi's TAQA is cutting its capital expenditures by reducing its workforce around the globe and sells it assets to recover from its losses.

Contrary to a notion that oil rout is impacting everyone in the industry, there are few bosses at energy companies making more money based on their performance. Few top managers are excelling in meet

Saudi Arabia's state-owned oil major Aramco will takeover Port Arthur Texas refinery in the US. Saudi Arabia will refine its oil shipped from Middle East at Port Arthur refinery and also sell it in th

Profit booking pulled yellow metal on Monday below psychological mark-$1,250 an ounce. Gold price fell for four weeks in the past five weeks.

UAE venture capital firm BECO Capital expects that the tech sector will spur amid the slowdown in the economy due to low oil prices. Especially in the region, the firm projects that tech startups will

Islamic Finance is catching up among non-Islamic markets also. Economists and finance experts say that Islamic Finance is the need of the hour for the global economy in the wake of sluggish markets an

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Middle East

India Secures 10-Year Chabahar Port Deal With Iran, Bypassing Rival Pakistan's Gwadar

Chinese Companies Dominate Licensing Bids to Explore Iraq Oil and Gas Fields as US Snubs Energy Bidding Round

Despite Biden Administration Pause, Billions of Dollars Worth of US Weaponry Still Due to Go to Israel

Maersk Shipping Disruption Amid Houthi Attacks in Red Sea Could Force More Delays

Biden Administration Halts US Ammunition Shipment to Israel; Tel Aviv ‘Unaware’ of Washington’s Decision

EU Vows $1 Billion Aid for Lebanon Amid Spiralling Economic Crisis

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