Economic growth in the Middle East and North Africa (MENA) region will accelerate to 2.9% in 2025 from an estimated 2.1% in 2024 amid partial unwinding of oil production cuts, Moody’s Ratings said.

Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and the global Brent benchmark, highlighting how unprecedented sanctions on ...

The economic expansion is expected to be driven by a gradual recovery in oil production and robust non-oil sector growth ...

The Middle East and North Africa region has not been cited so far as a focus for the new US administration’s actions ...

Traditional petrostates like Kuwait and Qatar continue to focus on maximizing oil and gas revenues, viewing natural gas as a bridge to lower-carbon energy. The MENA region is balancing its ...

The Middle East includes five of the top ten oil-producing countries and is responsible for producing about 26% of world production. While state-owned enterprises produce much of the oil ...

Indian refiners increase Middle East oil imports, reducing reliance on Russian supplies, aiming for diversification and ...

Some analysts said that oil-exporting GCC countries could see a boost in oil demand if the US applies tariffs on energy ...

In the Middle East and North Africa, 85 per cent of non-oil GDP is generated by family businesses that are set to hand down assets totalling more than $1 trillion to the next generation within the ...

Hassan Najafi Oil: A visionary behind the growth of Dubai-based Najafi, blending business innovation with successful distribution in the MENA region. DUBAI, UNITED ARAB EMIRATES, January 17 ...