A recently-released report by Jadwa Investment finds a gradual pickup in private sector lending since April 2018 after showing a slowdown in 2017 and Q1 2018.
The Saudis are targeting 3.45 GW worth of generation from renewable energy by 2020, which would represent around 4 percent of generation capacity. By 2023,...
"That shows that Aramco's hesitation about doing an IPO is not about keeping information private," said Ellen Wald, an independent energy policy analyst at Transversal...
Now that oil prices are dramatically down from their October highs, the veteran Middle East investor says the market moves "will definitely be a blessing...
The ministry said that the decision was taken with a view to to reducing obstacles for private sector firms and easing processes for businesses, according...
More than a dozen senators and members of the House of Representatives, including both Democrats and Republicans, spoke at an event in the U.S. Capitol...
A bomb-capable drone controlled by Houthi rebels exploded over a military parade for the Saudi-led coalition and its allies on Thursday near the southern port...
Col Sean Ryan, a spokesman for the US-led coalition fighting Islamic State, said the process of deliberate withdrawal from Syria had started, but declined to...
The U.S. will hold an international gathering of Middle Eastern allies next month in Poland, where top U.S. officials will discuss with foreign counterparts the...
After four years of cutbacks, oil companies are poised to open their purses again and develop new offshore fields, although the benefits won’t be spread...
Short-term measures to replace expatriate workers with Gulf Arab citizens are likely to affect long-term economic growth and diversification processes, but the precise impact remains...
Russia’s Islamic outreach is driven by several factors, first among them domestic worries. Muslims constitute nearly 15 percent of the Russian population, and Moscow fought...