Billions of dollars were laundered after being misappropriated from 1MDB and used to fund luxury purchases for financier Jho Low and then-Malaysian prime minister Najib Razak. Infamously, some of the ...

Oil markets are now refocused on OPEC production as the geopolitical concerns dim somewhat following the Iran-Israel ...

DubaiSaudi Arabia's Public Investment Fund posted a 60 per cent plunge in net profit for 2024, even as its assets sur ...

Algeria's Sonatrach left unchanged official selling prices (OSPs) for liquefied petroleum gas in July, while Saudi Arabia's ...

ISLAMABAD: The government on Monday increased the prices of petrol and diesel by Rs8.36 and Rs10.39 per litre, respectively, ...

Primary energy demand is forecast to rise by 24 per cent between now and 2050, he said, surpassing 120 million barrels of oil ...

Saudi Arabia’s sovereign wealth fund saw income from investment activities rise for a second consecutive year, driven by ...

Saudi Arabia is advancing rapidly toward its Vision 2030 goals, recording a notable surge in foreign direct investment (FDI) ...

India’s state-owned Oil and Natural Gas Corporation (ONGC) is reportedly in talks with Saudi Arabia to develop a greenfield refinery in Gujarat, the home state of Indian Prime Minister Narendra Modi.

The military site near the Red Sea sat mostly idle for several years until a recent burst of activity turned it into a supply ...

Saudi Arabia’s economy has demonstrated strong resilience to shocks, with non-oil economic activities expanding, inflation contained, and unemployment reaching record-low levels.