middle east

The latest Saudi funding will support Yemeni government salaries and operating expenses as the country faces mounting economic pressures and renewed conflict

Saudi Aramco cut November crude prices for Asian buyers to their lowest levels in six years, as record freight costs and regional disruptions reshape oil flows

Middle East crude exports climbed above pre-war levels on several days in late September, even as tanker attacks intensified in and around the Strait of Hormuz

The crude oil tanker was struck on its port side four nautical miles east of Oman on October 3, with all crew reported safe

Brent crude futures were down $1.69, or 1.55 per cent, at $107.06 a barrel by 1128 GMT, while US West Texas Intermediate futures were down $2.6, or 2.46 per cent, at $103.23 a barrel

Opella’s GM for Africa, the Middle East and Turkey discusses the region’s growth potential, the shift towards preventive healthcare and the company’s plans to expand access, local capabilities and health literacy

A single corridor, Saudi citizens 
travelling to Egypt, accounted for 19.6 per cent of all international travel by Gulf 
nationals, more than every Emirati, Bahraini, Omani and Qatari journey 
combined, the Wego report showed

A vessel was reportedly struck by a projectile in the Strait of Hormuz, adding to fears over global energy supplies after Saudi Arabia shut its vital East-West oil pipeline following a drone attack

IHG Hotels & Resorts’ MD for India, Middle East & Africa discusses how geopolitical shifts are reshaping travel demand, why the GCC continues to defy global headwinds, and where IHG sees its strongest growth

Brent crude slipped below $80 a barrel as progress in Iran-Oman negotiations raised hopes of a broader US-Iran peace deal and the eventual reopening of the Strait of Hormuz