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Arabian Centres Company is selling a 20 percent stake on the Saudi stock exchange, Tadawul. » Read More |
CNBC's Dan Murphy reports on the arrest of Abraaj Capital executives Arif Naqvi and Mustafa Abdel-Wadood.
Saudi Aramco's first international bond drew a record-breaking $100 billion in orders. CNBC's Brian Sullivan reports.
OPEC's output fell by 534,000 barrels per day in March to just over 30 million, lowest since February 2015.
Roughly 6.3 million Israelis are expected to cast their ballots today in an election that will have major implications for both Israelis and Palestinians.
Trump's designation of Iran's Islamic Revolutionary Guard Corps as a terrorist group will make future negotiations with Tehran "more difficult," according to Stratfor's Emily Hawthorne.
Oil won't be returning to the peak levels it saw last year when global benchmark Brent Crude hit $86 a barrel, Goldman Sachs' top commodities analyst said Monday.
Saudi Energy Minister Khalid al Falih expects robust demand for state oil giant Saudi Aramco's first-ever bond issuance, the deal for which is expected to close on Wednesday.
The Washington D.C. based firm plans to buy a 30 to 40% stake in Cepsa, which it values at $12 billion.
World Economic Forum (WEF) President Borge Brende spoke to CNBC on Sunday, discussing his take on the evolving geopolitical landscape in the Middle East.
Speaking in Jordan at the World Economic Forum on the Middle East and North Africa, the minister said Lebanon was a "mosaic country" that had to be dealt with in a different way.
Cairo is expected to become a net gas exporter by the end of 2019 and the country has seen widespread interest in its natural gas potential.
Market sentiment is not great for Gulf states at the moment, Deutsche Bank's Middle East and Africa CEO said Saturday.
In every Israeli election since 1948, the top issue has been security. But the economy has become a major focus for voters as they head to the polls on Tuesday.
Dubai's largest bank is making massive savings on its purchase of Turkish Denizbank from Russian state lender Sberbank thanks to the past year's crash in the lira.
Energy Secretary Rick Perry has approved six secret authorizations by companies to sell nuclear power technology and assistance to Saudi Arabia, according to a copy of a document seen by Reuters on Wednesday.
It makes things awkward for Washington's Arab allies, whose populations oppose Israeli seizures of Arab lands.
"Today we are taking the next step in this journey — well, it's more like a leap, and a big one: in a few minutes, we'll announce that we've agreed to acquire Careem," Uber CEO Dara Khosrowshahi told his staff on Tuesday.
The announcement comes as Uber approaches a much-anticipated IPO that reports have said could value the company at as much as $120 billion.
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