Middle East

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 dollars.

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 to Israel, an Israeli source said...

The European Union has recently unveiled a substantial aid package of 1 billion euros, approximately $1.06 billion, aimed at addressing the challenges faced by Lebanon...

Visitors to Dubai's Arabian Travel Market (ATM) will have the opportun...

Dubai announced that construction had begun on a new terminal at Al Ma...

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Officials of the six-nation Gulf Cooperation Council agreed at the weekend to keep working toward the introduction of a value-added tax around the region, in a sign that low oil prices may be strength

The World Bank is seeking to finance development projects in areas in Iraq that the government has recaptured from Islamic State militants, its regional vice president said.

Saudi Basic Industries Corp 2010.SE has signed a deal to use shale gas from the United States at its Teesside petrochemical plant in Britain, acting chief executive Yousef Abdullah al-Benyan told Reut

Israel's Teva Pharmaceutical Industries said it would buy U.S. neurology drug company Auspex Pharmaceuticals Inc for an equity value of $3.5 billion to boost its portfolio of treatments for the centra

Standard Chartered remains committed to Islamic banking and expects growth in its core markets, a spokesman for the lender said on Sunday, after the head of its Islamic arm departed.

OPEC will not take sole responsibility for propping up the oil price, Saudi Arabia's oil minister said on Sunday, signaling the world's top petroleum exporter is determined to ride out a market slump

HSBC Global Asset Management, an arm of HSBC Holdings (HSBA.L), is buying bonds of commodity exporting countries because their valuations have dropped so far with the plunge of oil prices, an executiv

Saudi Arabia's OPEC governor Mohammed al-Madi said on Sunday that he believed it would be difficult for oil to reach a price range of $100-120 per barrel again.

An upset victory by Israel's centre-left opposition in Tuesday's election could be a welcome change for a business and corporate sector eager for the "peace dividend" that might come with a government

Oil prices have started to stabilize around $60 a barrel in past weeks and will continue to firm up, while crude demand will grow stronger, an adviser to Saudi Arabia's oil minister said on Sunday.