A joint venture between the UAE and Jordan has begun work on a 403km rail network linking key mining and production sites to ...

Saudi giga-project developers are buying more materials at home as war chokes import routes, with Roshn sourcing most ...

The secondhand supertanker market has surged as Gulf oil producers pay a premium for ships they can put to work immediately ...

Established by royal decree in 2020 Oman Investment Authority (OIA) is Oman’s state-owned sovereign wealth fund. Designed to manage Oman’s funds and assets, it has a strategic focus on optimising ...

Developer Diriyah Company has awarded two construction contracts to build six luxury hotels and 34 branded residences in ...

Forces aligned with the internationally recognised Yemeni government retook the strategic Red Sea port city of Mokha ...

Turkey is likely to gain from a landmark oil pact that is to be signed within a year and replace a deal that governed Iraq’s crude exports ...

Anthropic's IPO highlights increasingly tangled business relationships in artificial intelligence, raising issues of risk ...

Saudi Aramco will sell oil to Asian markets next month at its highest discount since Covid, offering an average cut of $5.24 ...

Saudi Arabia is tightening rules on IPOs in an effort to revive a market that has seen new listings slow sharply since the ...

Fashion-led developments in Dubai are most vulnerable to price declines as the supply of branded residences surges and demand ...

Iran has begun reviewing the US response to its seven-day plan to end the conflict between the nations and reopen the Strait ...