Saudi Aramco’s first-quarter net profit fell 14% year-on-year amid lower oil prices and production.Net income for the three months up to March 31 came in at…
Digital render of NEOM’s The Line project in Saudi ArabiaThe Line, NEOMSaudi Arabia’s economy minister rejected recent reports that the kingdom’s $1.5 trillion NEOM megaproject, a…
Children are seen in a destroyed house after Israeli attacks in Gaza City, Gaza on October 07, 2023.Mustafa Hassona | Anadolu Agency | Getty ImagesFrom being…
Martina Strong, U.S. ambassador to the United Arab Emirates, believes the U.S. is unequivocally the most important foreign policy actor in the Middle East.Her comments come…
Qatar’s Minister of State for Energy Affairs shared his thoughts on some of the major oil producers’ market moves in recent months, shedding disapproval on the…
OPEC and its oil-producing allies agreed on Saturday to extend the group’s historic production cut for an additional month in an ongoing effort to balance the global…
CEO Peter Rawlinson poses at the Lucid Motors plant in Casa Grande, Arizona, U.S. September 28, 2021.Caitlin O’Hara | ReutersElectric luxury vehicle maker Lucid Group said…