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...

Latest News

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

Egyptian-Chinese industrial zone in Ain Sokhna may attract $5 billion investments. About 100 companies are expected to set up their operations in the zone paving the way for creation of employment opp

Ending a sanction on Iranian oil export, The Monte Toledo, an oil tanker appears as the first to deliver crude oil in Europe since mid-2012. Iran’s oil export during February falls short from its earl