Luxury electric vehicle maker Lucid Group Inc. signed a deal to open a manufacturing plant in Saudi Arabia’s west coast, the company’s first site outside the...
Energy giant BP, global bank HSBC and the world’s biggest aircraft leasing firm AerCap joined a growing list of Western firms looking to exit Russia on...
Qatar Airways confirmed on Monday it had grounded another A350 jet in a dispute with Airbus over gradual degradation to the surface of the long-haul jets,...
Airbus is seeking $220 million in damages from Qatar Airways in a dispute over undelivered passenger jets. The UK court claim for damages, in connection with...
Egypt’s government plans to issue sharia-compliant sukuk bonds, as well as more Eurobonds and Green bonds, to fund public projects, the finance ministry said on Monday.The...
The United Arab Emirates recorded a 27 percent year-on-year jump in its non-oil foreign trade to 1.9 trillion dirhams ($517 billion) in 2021, Dubai’s ruler Sheikh...
Saudi Arabia's Aramco has discovered several new natural gas fields, the Saudi Press Agency reported on Sunday, citing Energy Minister Prince Abdulaziz bin Salman.The fields were...
India, the world’s third-biggest oil importer, will support initiatives to release emergency reserves to calm prices that surged on concern Russia’s invasion of Ukraine will disrupt...
A Brookfield Asset Management Inc. joint venture in Dubai scored the city’s largest office deal since 2019 after a Middle Eastern food-delivery firm decided to relocate...
Russia’s credit rating was cut to junk by S&P Global Ratings, which joined Fitch Ratings in downgrading Ukraine amid an escalation of conflict in the region....
