Middle East

Israel's recent strikes on Iran did not affect any oil extraction facilities, which reduced the political risk premium associated with the Middle East. As a result, crude oil prices have dropped precipitously, the biggest single-day loss in…

Qatar's Doha : Yesterday marked the start of the first-ever debate on "Business and Human Rights in the Arab Region" with the theme "Charting the Course for Responsible Business Practices in the Arab Region." The purpose of the two-day…

The United Nations organization for Palestinian refugees (UNRWA), which was established by the UN General Assembly 75 years ago to assist Palestinians who were uprooted by Israel in 1948, is prohibited under Israeli legislation. A strong…

On Monday, the UN head cautioned that Israel's suspension on the agency that handles Palestinian refugees might have "devastating consequences." In a move that is anticipated to significantly limit the crucial organization's ability to…

Saudi Arabia’s non-oil exports, including reexports, rose by 7.5 percent in August, reaching SR27.52 billion ($7.33 billion) compared to the same month last year, official data showed. According to the General Authority for Statistics,…

APIA, Samoa: The Commonwealth’s 56 members agreed the “time has come” for talks about the legacy of the “abhorrent” transatlantic slave trade Saturday, in a landmark summit declaration that raised the prospect of future reparations.…

The IDF on Tuesday announced that top Hezbollah official Hashem Safieddine was killed in an Israeli airstrike on Beirut earlier this month. Safieddine, the head of Hezbollah’s executive council, was presumed to be the successor of Hassan…

Saudi Crown Prince Mohammed bin Salman spoke on the phone with Iraq's Prime Minister Mohammed Al-Sudani on Tuesday, Saudi Press Agency reported. During the call, they reviewed relations between the two countries and ways to enhance and…

Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan received US Secretary of State Antony Blinken in Riyadh on Wednesday. During the meeting, developments in Gaza and Lebanon and efforts made with regard to them were discussed,…

Emirates Transport, the UAE’s leading transport provider, is to begin pilot testing hydrogen and electric commercial vehicles supplied by Al Ghurair Motors as part of an all-new agreement to accelerate the adoption of eco-friendly…