Saudi Arabia’s economy grew in the first quarter, supported by activity in the non-oil sector as the kingdom pushes on with ...

Bank of New York Mellon has received a licence to set up a regional headquarters in Saudi Arabia, it said on Thursday, ...

Stock markets in the Gulf ended mixed on Thursday amid falling oil prices and weaker-than-expected U.S. GDP data.

Most major stock markets in the Gulf fell in early trade on Thursday after weaker-than-expected U.S. GDP data and under- ...

The International Monetary Fund said on Thursday it now expects Middle East and North Africa economies to grow by just 2.6% ...

Lower prices are bad news for producers that rely on oil exports to fund their economies. Although producers like Saudi have ...

Cheap crude is fueling growth in major importing nations like India, which is increasingly relying on discounted Russian oil.

Brent crude futures gained 7 cents, or 0.1%, at $61.13 a barrel as at 0318 GMT. U.S. West Texas Intermediate crude futures ...

The Trump family's company has entered into a deal to construct a luxury golf resort in Qatar, raising concerns about ...

Oil prices settled down on Wednesday and recorded the largest monthly drop in almost 3-1/2 years after Saudi Arabia signaled ...

Oil prices fell on Thursday, extending a steep decline the previous session due to indications that Saudi Arabia, the world's ...

Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million ...