Saudi Arabia has been pouring billions of dollars into the electric vehicle industry in the past few years. It has even been working on its own brand of EV called Ceer. Just this month, Tesla began ...

Opec has received updated plans for seven countries including Saudi Arabia and the UAE to make further oil output cuts to compensate for pumping above agreed quotas, the group said on Wednesday. Opec+ ...

The OPEC Secretariat received on Wednesday updated compensation plans from Saudi Arabia, Russia, Iraq, the United Arab Em ...

Eight OPEC+ countries that assumed an obligation earlier on voluntary oil production cuts had an online meeting on April 3 ...

Dr. Gil FeilerThe Gulf Cooperation Council (GCC), comprising Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Oman, and ...

A recent announcement signals Trump's desire to revive talks on a civil nuclear agreement that did not go through under Biden ...

Dubai's property boom now faces its biggest threat since the pandemic as US President Donald Trump’s tariffs roil markets ...

Tesla has announced plans to commence sales in Saudi Arabia next month, marking a significant expansion into the Gulf region’s largest market. The electric vehicle manufacturer will host a launch ...

Oil prices - a catalyst for the Gulf’s financial markets - rose more than 1% on the U.S. tariff exclusions and Chinese data ...

Oil prices hit their lowest in over four years with the benchmark Brent crude briefly even slipping below $60 per barrel ...

Saudi Arabia aims to capitalize on low U.S. tariffs to grow manufacturing and invest heavily in mining to boost non-oil ...

Oil prices (CL=F, BZ=F) are down double digits since the start of 2025 as US President Trump's trade war fuels worries about ...