The capital raise, which involved the sale of debt certificates compliant with Islamic religious laws, consisted of $1.5 ...

The Saudi Power Procurement Company (SPPC) will be the primary off-taker of electricity generated by the three solar projects ...

In September 2019, the Houthis claimed drone attacks on two major oil facilities owned by Saudi Aramco, Saudi Arabia’s ...

Oil markets are being too complacent given the risk of major supply disruptions in the Middle East, analysts told CNBC on ...

See also FNP.ae Celebrates Emirati Women at Abaya Rally In the energy sector, the Saudi Arabian Oil Company (Aramco) is spearheading several major initiatives to invest in renewable energy and ...

Kuwait and Bahrain, expanding their refining capacity, are establishing fuel trading arms to sell diesel and jet fuel in ...

Major stock markets in the Gulf declined in early trade on Wednesday after Iran's ballistic missile strike on Israel raised ...

The Arab world's biggest economy Saudi Arabia announced Monday it anticipates a budget deficit of 2.3 percent of GDP in 2025, projected to continue over the following two years.

Saudi Aramco has gained a new supporter on Wall Street, with Jefferies initiating coverage of the stock with a Buy rating and ...

OPEC’s oil decisions continue to impact U.S. markets due to their production power and vast reserves. Learn why this matters.

BP is undervalued compared to its peers, trading at less than 8 times 2024 earnings with a 5.7% dividend yield. Explore more ...

The Saudi state giant continues to prioritise the phased development of its $100 billion-plus Jafurah unconventional project, ...