Oil Prices Fall More Due to Trade Problems and Saudi Arabia Lowering Crude Prices Oil prices kept dropping on Monday after Saudi…
The UAE’s economy grew by 3.8% in the first nine months of 2024, mainly due to strong growth in non-oil industries The…
Saudi Aramco's refining unit, Luberef, saw a 5.8% increase in revenue in 2024, reaching $2.7 billion, but its profit dropped sharply Saudi…
Oil Goes Up After Saudi Increases Prices for March Delivery Oil prices edged higher on Tuesday, as market participants reacted to Saudi…
The Middle East Economy in 2025: From Oil Dependence to Diversified Growth The Middle East has long been associated with oil wealth,…
Bahrain's economy grew by 2.1% in the third quarter of 2024, mainly due to the growth in industries outside of oil Bahrain's…
Emerging Economies: The Middle East’s Path to Post-Oil Prosperity The Middle East, long synonymous with oil wealth and energy dominance, is undergoing…
ADNOC Drilling Forms New Partnership in Unconventional Energy with SLB and Patterson-UTI ADNOC Drilling Company has teamed up with SLB and Patterson-UTI…
Qatar expects to earn $53.8 billion in revenue for its 2025 budget but will have a $3.6 billion shortfall Qatar expects to…
Kuwait's Economy in Recession Due to OPEC+ Oil Cuts Kuwait’s economy is in recession and is expected to stay in recession in…
Saudi Arabia's economy grew by 2.8% in the third quarter of 2024, mainly due to the growth of its non-oil industries Saudi…
ADNOC Gas has given a contract to Worley to design the Bab Gas Cap Project, which aims to increase gas processing capacity…
For June, 2024