The US has approved Middle Eastern sovereign funds to exceed a foreign-ownership cap in the merged Paramount Skydance-Warner ...

Iraq faces its toughest budget challenge in more than two decades as a sharp fall in oil revenues leaves Baghdad struggling to fund government spending in 2027, analysts have told… ...

Saudi Arabia has not exported any oil via Red Sea ports since Saturday, according to maritime intelligence company Vortexa ...

The US has approved the potential sale of Lockheed Martin ⁠F-35 fighter jets to Saudi Arabia in a deal estimated to be worth ...

Saudi Arabia’s Humain and Abu Dhabi’s G42 consider IPOs and outside investors to fund their plans for rapid expansion ...

Oil prices fell on Thursday after Saudi Arabia was reportedly supplying crude through Oman, easing fears of supply disruptions ...

Houthis capture Mokha port city; Red Sea safe ‘except for Saudi ships’ Vessel attacks continue in Hormuz; Oil prices held ...

Houthis have captured Yemen’s port of Mokha, officials have said, strengthening the rebel group’s grip near the Bab al-Mandab ...

Dubai state-owned developer Nakheel has awarded a contract to build hundreds of houses on Dubai Islands, with handover ...

Egypt’s oil imports more than tripled in the first half of this year after crude prices jumped following the closure of the ...

Oil prices extended their rally on Tuesday after Iran threatened to strike back at US energy facilities in the Middle East ...

Gulf airlines stand to benefit from British Airways’ decision to cut back flights to the UAE, an aviation expert has said ...