Middle East

Oil update: WTI falls over 2.5% in early Asian trading, Brent rises nearly 5%.

Brent crude awaits trading after price drop; WTI falls 1.98%. Oil prices fell more than 2% in early Asian trading on Friday, following strong gains...

Kuwait Imposes Ban on All Food Exports to Safeguard Domestic Supply

Move Seeks to Safeguard Domestic Food Supplies Amid Regional Tensions. Kuwait Bans Export of All Food Products to Protect Domestic Supply Dubai: Kuwait has prohibited the...

Qatari authorities have evacuated residents living near the US Embassy in Doha.

Officials said the measure was precautionary to safeguard the public. Dubai: Qatar’s authorities have started evacuating residents near the US Embassy in Doha as a...

Saudi Defense Ministry: Three cruise missiles were intercepted and destroyed outside Al-Kharj.

Saudi forces intercept and neutralise missile threat outside Al-Kharj. RIYADH: Saudi Defence Ministry spokesman Maj. Gen. Turki Al-Maliki said three cruise missiles were intercepted and...

Saudi Companies Increase Hiring and Salaries Despite PMI Falling to Nine-Month Low

PMI slips to 56.1 as wage costs reach a record high and selling prices rise. “Dubai: Saudi Arabia’s non-oil private sector slowed slightly in February,...

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