Oil prices edged up on Tuesday after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures. Brent crude futures rose 32 cents to $96.80 a barrel by 0004 GMT, after…

Oil prices were largely steady on Monday as a relatively tight global supply picture competed with fears of a recession and a rising dollar. Brent crude futures for October settlement fell 34…

The United Arab Emirates' non-oil trade hit 1.058 trillion dirhams ($288.06 billion) in the first half of 2022, up 17% from a year earlier, the vice president said on Monday in a tweet. The Gulf…

Most major Gulf stock markets fell on Sunday amid fears of a potential global recession and volatile oil prices, but Egypt continued to rise after its central bank kept its overnight interest rates…

Dubai's Emaar Properties said it is selling fashion e-commerce venture Namshi to Noon, an e-commerce company backed by Dubai billionaire Mohamed Alabbar and the Saudi Arabian sovereign fund the…

Martin Kopf needs natural gas to run his family’s company, Zinkpower GmbH, which rustproofs steel components in western Germany. Zinkpower’s facility outside Bonn uses gas to keep 600 tons of zinc…

The passage of the Biden Administration’s climate change package, the so-called “Inflation Reduction Act,” has predictably split along partisan lines, with Republicans characterizing the bill as an…

Oil prices slipped on Friday after two days of gains and are heading for weekly losses as a strong dollar and worries about a global economic slowdown weigh. Brent crude futures were down 97 cents…

From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such "aspirational" purchases. …

The Central Bank of Egypt (CBE) kept its overnight interest rates steady on Thursday, hours after a new governor was named to replace Tarek Amer, who quit unexpectedly on Wednesday. President…