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Saudi Aramco reported a 26% year-on-year jump in first-quarter profits on Sunday, beating analyst forecasts, as a key pipeline allowing it to circumvent the choked-off Strait...
Six-year-old UAE technology and manufacturing company strengthens its position as an emerging regional player in AI-driven industrial innovation and enterprise technologies The Black Box, a UAE-based...
Move over TACO trade. Traders now have a new acronym for a market increasingly skeptical that the Strait of Hormuz crisis will end anytime soon: NACHO....
Saudi Arabia’s General Authority for Competition (GAC) has uncovered suspected collusion in tenders and bids valued at more than 509.67 million riyals highlighting the potential impact...
Baker Hughes is working under the assumption that the Strait of Hormuz may not fully reopen for months, a senior executive at the influential oilfield services firm...
Brent crude oil prices surged above $120 per barrel on Thursday after US President Donald Trump said the naval blockade of the Strait of Hormuz will...
Electric car giant BYD has become the first Chinese business to be raised in the European Parliament over allegations of labor abuses in Hungary, CNBC has...