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.

Years ago, the process for foreigners to establish a business in Saudi Arabia was complex and difficult. Businessmen struggled with finding the right local sponsor, dealing with complex bureaucracy, ...

Unemployment among Saudis reached a new low of 6.3 percent in the first quarter of 2025, as job growth continued under enhanced labour market reforms. The workforce participation rate among Saudi ...

Saudi Arabia’s revenue from oil exports slumped to the lowest in almost four years in April as crude prices crashed.

The International Monetary Fund on Thursday raised its 2025 GDP growth forecast for Saudi Arabia to 3.5% from 3%, partly on ...

Kogali, the World Bank's Country Director for the GCC Countries, said that the outlook for Saudi Arabia’s economy in 2025 is ...

LONDON/MOSCOW/DUBAI: The world's largest group of oil producers, OPEC+, is set to announce another big increase of 411,000 ...

UAE lenders' 1.4x forward price-to-book ratio, exceeding Saudi banks' 1.3x, is supported by strong growth and healthy balance ...

AFI Robotics, a Saudi robotic engineering company, is deploying in-service robotic systems designed specifically for ...

The Strait of Hormuz is between Oman and Iran, which boasts a fleet of fast-attack boats and thousands of naval mines as well ...

According to a 2023 report by the US Energy Information Administration, America is the largest oil producer in the world.

India faces crude supply risks due to Strait of Hormuz tensions, but Saudi’s Red Sea route and rising Russian, US, and Latin ...