UAE leans on trade deals for growth as non-oil trade jumps 15% in 2024
The United Arab Emirates' non-oil trade in goods touched a record 3 trillion dirhams ($817 billion) in 2024, up 14.6% from ...
Saudi Arabia's non-oil private sector grows at decade-high pace in Jan, PMI shows
Saudi Arabia's non-oil business sector expanded at its strongest pace in just over a decade in January, driven by a surge in ...
Middle East becomes fastest-growing renewables market outside China
According to the International Renewable Energy Agency (Irena), the Middle East has less than 1 per cent of the world’s ...
Al-Monitor2d
Saudi Arabia navigates oil cuts amid Trump pressure, economic strains
Saudi Arabia would need oil to be at $90 per barrel in 2025 to balance its budget, according to Capital Economics.
US sanctions’ impact on Russian oil trade showing, Indian refiners seek more oil from Middle East
Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...
Wall Street Journal27d
Iran Races to Sell Oil Stored in China
in a bid to raise funds that could be used to shore up Iran’s allied militia groups in the Middle East. The oil is from a stockpile of at least 25 million barrels that Iran sent to China in late ...
Seeking Alpha27d
Iran selling oil stored in China to fund militias in Middle East: report
Iran has shipped about 3M barrels from storage facilities in China to raise funds that may be spent on Tehran’s militia allies in the Middle East ... to the report, the oil is from stockpiles ...