The secondhand supertanker market has surged as Gulf oil producers pay a premium for ships they can put to work immediately ...

Saudi giga-project developers are buying more materials at home as war chokes import routes, with Roshn sourcing most ...

Developer Diriyah Company has awarded two construction contracts to build six luxury hotels and 34 branded residences in ...

Established by royal decree in 2020 Oman Investment Authority (OIA) is Oman’s state-owned sovereign wealth fund. Designed to manage Oman’s funds and assets, it has a strategic focus on optimising ...

Forces aligned with the internationally recognised Yemeni government retook the strategic Red Sea port city of Mokha ...

Saudi Aramco will sell oil to Asian markets next month at its highest discount since Covid, offering an average cut of $5.24 ...

Anthropic's IPO highlights increasingly tangled business relationships in artificial intelligence, raising issues of risk ...

Turkey is likely to gain from a landmark oil pact that is to be signed within a year and replace a deal that governed Iraq’s crude exports ...