Oil Industry

Iran's economic hopes are closely aligned to its political decisions.

Iran’s economic potential still relies on reform and stability

The country has the chance to change direction, open up, and win the investment that would transform its natural and human resources into the economic engine needed. It just needs the will.

Amer Ziab Al-Tamimi 25 July 2025

Syria's oil and gas reserves could fire an economic recovery but investment is needed.

Al Majalla

Syria’s oil and natural gas fields offer opportunities for investors

Old fields could produce 400,000 barrels of oil per day within a year and there are some large natural gas reserves to exploit, but investment is needed to make the most of the opportunity.

Hussein al-Sharaa 05 June 2025

Saudi Aramco engineers walk in front of a gas turbine generator at the Khurais oil field during a tour for journalists in 2021.

Aramco growth helps Saudi Arabia realise its 2030 vision

Promising new discoveries, big new deals on gas, and a successful second public share offering is shaping one of the world's biggest companies to beat its own high expectations.

Amer Ziab Al-Tamimi 12 July 2024

Lina Jaradat

Depleting funds highlight Kuwait's oil dependency dilemma

Streamlining the public sector, enhancing the role of the private sector, and reviewing financial policies away from sovereign funds are just some of the reforms needed. Time is running out.

Amer Ziab Al-Tamimi 08 July 2024

Popular
Editor's Pick

Al Majalla

Politics

Is the US going to war with Venezuela?

26 October 2025

A string of recent statements from US President Donald Trump, coupled with American naval deployments this month, makes for a compelling case. But could this just be psychological warfare?

Tarek Rashed

Opinion

West Bank annexation could upend the region

24 October 2025

Jordan's 1994 peace treaty with Israel remains a cornerstone of regional stability. It has survived two intifadas and recurrent Gaza conflicts, but annexation would push it to the brink

Alice Gower

AFP_Reuters_Al Majalla

Politics

Trump-Xi meeting is about much more than trade

22 October 2025

US and Chinese leaders have locked themselves into a downward spiral that goes far beyond tariffs, exports, and rare earths. This is about the future and who controls it.

Shirley Ze Yu

AFP-Al Majalla

Business & Economy

Saudi investment summit convenes at a pivotal moment for the region

25 October 2025

It will be the largest gathering since the inception of the Future Investment Initiative in 2017, with 600 speakers set to address the four-day event and an impressive lineup of attendees

Maher Chmaytelli