The reform will come into effect in January 2026, and the Real Estate General Authority will decide on the details ...

Local currency-denominated sukuk issuances plummeted to $59.8bln by mid-2025, a significant drop from $81bln a year earlier ...

Dubai Senior officials from Saudi Arabia, the United Arab Emirates and Kuwait have defended the August production boost of 548,000 barrels per day, stating that global markets are absorbing the extra ...

Influx of millionaires and robust SME activity also contributed to job growth in the Emirates, Cooper Fitch report says ...

The national plan seeks to move the country beyond its reliance on oil and into new industries: tourism, technology, and ...

The growing synergy between Jakarta and Riyadh reflects not only economic alignment but also a stronger convergence in navigating the evolving global order.

OPEC+ appears to be prioritizing market share over high prices, potentially targeting U.S. shale by testing how producers respond to lower price environments.

Move comes as wealthy foreign buyers send neighbouring Dubai's real estate market to a level matching New York City and ...

Saudi Aramco is in advanced talks to acquire 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from the ...

Saudi Energy Minister Prince Abdulaziz bin Salman said that oil and gas will remain indispensable despite expansion of renewable energy. "While renewable, nuclear power, and hydrogen energy sources ...

Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company's proposed ...

Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...