Investments in some gas and nuclear power plants would be labelled as sustainable under rules proposed by European Commission on Wednesday, a plan that has split...
OPEC+ agreed on Wednesday to stick to moderate rises in its oil output, two sources from the group said, despite pressure from top consumers for a...
Iraq was the top target for China’s Belt & Road infrastructure initiative in 2021, receiving $10.5 billion in financing for projects including a heavy oil power...
Saudi Telecom (STC) said on Wednesday it would transfer its data centers, international submarine cables and points of presence assets to a new wholly-owned company, a...
Global management consultancy Oliver Wyman predicts that some of the top trends that are set to shape the Middle East’s financial services sector throughout 2022 include...
Iranian natural gas flows to Turkey are currently at around 50 percent of daily guaranteed levels and repairs to the pipeline on the Iranian side of...
Huawei has announced on Tuesday that it would soon build a cloud region in Saudi Arabia. The hosting of the Huawei Cloud region in the Middle...
Elon Musk says his 2018 tweet about plans to take Tesla Inc. private was “entirely truthful” and that investors who claim the missive was a fraud...
The OPEC+ Joint Technical Committee (JTC) expects the overall surplus in 2022 to reach 1.3 million barrels per day (bpd), slightly less than its previous forecast...
Qatar, one of the world’s top natural gas exporters, will not be able to unilaterally replace Europe’s energy needs in case of a shortage due to...