PLUS: Qatari Diar heads to the Red Sea this week, set to receive a 29 mn sqm plot in Hurghada for a new tourism project ...

Freight used to be almost incidental to the economics of the barrel, but now it can determine whether the trade happens at all ...

Iraq began trucking crude oil from its southern oilfields to keep its northern export routes supplied. State-owned Basra Oil Company (BOC) is launching a pilot program targeting 100k-150k bbl / d in ...

Every function now has a budget story to defend. Marketing needs to explain campaign spend. Operations needs to understand cost behavior. Sales needs to ...

Oman's Asyad Shipping is selling two VLCCs, Seeb and Samail, for USD 160.2 mn, according to a disclosure (pdf), alongside the USD 17.5 mn sale of its 18-year-old MR product tanker Al Amerat, according ...

Washington says oil is moving through Hormuz again. Crude, cargo, and LNG through the strait hit a six-month high over the past two weeks, US Centcom Commander Admiral Brad Cooper said (watch, runtime ...

Washington says oil is moving through Hormuz again at a six-month high: Centcom’s Admiral Brad Cooper says GCC states have moved over 1 bn barrels through the strait in two months, with Iran exporting ...

IQ Robotics is moving from selling warehouse robots in Saudi Arabia to running fulfillment here itself. The UAE-founded automation company set up a Saudi headquarters this month and is preparing to ...

This year’s edition of the Red Sea International Film Festival has been canceled, according to a statement by the Red Sea Film Foundation. The event will return to Historic Jeddah in 4Q 2027 at a ...

GCC issuance fell 23% y-o-y to USD 51.1 bn in 1H 2026, down from USD 66 bn, as the regional conflict disrupted borrowing plans and issuers adjusted the timing of sovereign funding and liability ...

A consortium that includes Cristiano Ronaldo and RedBird Capital Partners is in talks to buy a stake in Al Nassr from the Public Investment Fund, Portugal’s A Bola reports. The paper put the group at ...

Good morning, lovely people. Two tech stories today — one about whether our outsourcing boom can adapt to AI, and another about a Cairo-born ...