Middle East bucks IPO slump as investors flock to Saudi Arabia, UAE markets
Almost half of the listing proceeds in Europe, the Middle East and Africa this year come from the Arabian Gulf, as the region bucks a global downturn ...
Saudi Arabia’s crude oil exports, output rise in June
Saudi Arabia’s crude oil exports rose in June, while output increased to a more than two-year high, data from the Joint Organizations Data Initiative ...
UAE raises fuel prices again in line with global increase, widens gap with neighbors
The United Arab Emirates increased petrol prices for the fifth time this year, further widening a gap with other oil producers in the region who ...
Biden increases crude oil royalty rate, scales back leases
The Interior Department on Friday said it’s moving forward with the first onshore sales of public oil and gas drilling leases under President Joe ...
Libya NOC lifts force majeure on oil exports, says output will remain low
Libya's National Oil Corporation (NOC) lifted force majeure on all oil exports on Friday as a first tanker loaded at Es Sider after a half-year ...