Vodafone Group PLC is in talks to sell its majority stake in its Egyptian unit to Saudi Telecom Co., a senior government official said, in a deal that could see the Saudi firm claiming a prize it had eyed years ago.
Egypt has signed two deals with ExxonMobil Corp. for oil and gas exploration in the Mediterranean, the Petroleum Ministry said Tuesday.
With its ultra-modern infrastructure and hyper-connected services, the United Arab Emirates is an emerging technology power, but a scandal surrounding a popular messaging application has highlighted tight controls on the internet.
Iraq has approved contracts in a fifth bid round for exploration contracts the east of the country, the government said in a statement Thursday.
The International Monetary Fund Monday urged OPEC member Kuwait to introduce a package of reforms that includes imposing taxes and phasing out subsidies to...
Sanctioned by the West and spurned by China, Zimbabwe has turned to the United Arab Emirates in its latest bid to find a savior that can arrest the collapse...
The world’s largest energy traders enjoyed one of their best years in 2019 as pipeline outages, dramatic changes in ship fuel regulations and Middle East...
Saudi Arabia’s sovereign wealth fund is in talks to buy English football club Newcastle United for about 340 million pounds ($447 million), a source familiar...
Crisis-ridden Lebanon finally has a government again and at the top of its agenda will be whether to repay a Eurobond that will be maturing in six weeks....
Parliament’s endorsement of Lebanon’s 2020 budget Monday will not be enough to win the confidence of the international community or encourage donor countries...
The International Monetary Fund Tuesday urged policymakers to keep a close eye on financial vulnerabilities such as rising debt levels that could pose...
Boeing Co. successfully staged the first flight of the world’s largest twin-engined jetliner over the weekend in a respite from the crisis over its smallest...
Maneuvering, manipulation and $6 million in bribes helped oil companies win contracts with Iraq in the aftermath of Saddam Hussein’s reign, U.K. prosecutors...
Turkey’s lira “looks competitive” at around 5.70-5.90 against the dollar, Treasury and Finance Minister Berat Albayrak said in an interview with Nikkei...
Saudi Arabia may raise an additional $4 billion in international bonds this year, in line with its original plan, after the kingdom managed to reduce how much...
BP has pulled out of Iraq’s giant Kirkuk oilfield after its $100 million exploration contract expired with no agreement on the field’s expansion, dealing a...
Saudi Arabia will pump the proceeds from last month’s listing of oil giant Saudi Aramco into the local economy over several years, including building up the...
The United States called Tuesday for an immediate resumption of Libya’s lifeline oil exports that have been blocked by forces loyal to military strongman...
Yemen’s warring sides opened a new front in their five-year conflict Saturday - a battle over old and new banknotes that threatens to create two economies in...
Iran is relying on its neighboring countries to sell a surplus of gasoil it has created at home due to U.S. sanctions, trade documents and industry data showed.
Holders of more than $20 billion of Oman’s dollar bonds want the new sultan to push through urgent reforms to ward off a credit crunch in the Gulf’s worst...
The talk’s all been about Saudi Aramco, and the suspense of its historic drive to whip up international cash.
Below are some of the key deals ADNOC has announced since 2018, part of Abu Dhabi’s plans to reform and modernize the economy and the state oil company, the...
Qatar National Bank, the Gulf’s biggest lender by assets, posted a 4 percent rise in annual profit Tuesday, beating analysts’ forecasts, as earnings were...
The United Arab Emirates will invest $22.8 billion in Indonesia through a sovereign wealth fund being set up by President Joko Widodo as the Southeast Asian...
Saudi Arabia’s Energy Minister said OPEC and its allies remain focused on using production cuts to reduce oil inventories to normal levels, undeterred by the...
A dramatic U.S. drone strike kills Iran’s most important general.
Saudi Arabia is seeking companies to build four solar power plants as the Persian Gulf oil giant resumes its renewable energy push.
Turkish stocks rose the most among all major equity markets worldwide Thursday as investors’ concerns over a possible escalation in tensions between the U.S....
Abu Dhabi sovereign wealth fund Mubadala more than halved its shareholding in Italian bank UniCredit SpA as the holder of about 6 percent of the world’s oil...
Middle Eastern markets can hardly be accused of complacency over the latest surge in regional tensions, even if global investors are taking a more relaxed...
Global oil prices plunged Wednesday, totally reversing a earlier needle-thin spike that followed Iranian missile attacks on US targets in Iraq.
State-owned Kuwait Petroleum Corp Sunday signed a long-term contract with Qatar Petroleum to purchase 3 million tons of liquefied natural gas per year, a...