Capex of GCC national oil companies to hit USD 125 billion by 2027: S&P report
Domestic oil typically remains the core focus of capex, but the regional NOCs are also increasing their focus on gas...
In its first meeting of 2026, OPEC+ keeps oil output steady amid geopolitical turmoil
The eight OPEC+ members, Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman, raised oil output targets by...
Israel approves USD 35 billion natural gas deal with Egypt
In 2024, Egypt imported a record 981 million cubic feet per day of natural gas from Israel, registering a 18.2%...
Saudi Arabia accounts for 25% of Pakistan’s global remittances: Diplomat
There are currently 100 Pakistani technology companies operating in Saudi Arabia, offering diverse services and products to the Saudi market...
Jordan and Syria seek strong financial cooperation
In recent months, Jordan’s Central Bank has provided specialised technical assistance to its Syrian counterpart...