The global energy transition is perhaps nowhere more perplexing than in the Arabian Peninsula, where Saudi Arabia and other Gulf monarchies are caught between two daunting climate change scenarios that threaten their livelihoods. In one, the world stops burning oil and gas to cut down on...

(AP) — The Middle East is expected to see significant economic growth this year, but also soaring inflation and food prices, as coronavirus vaccines are unevenly rolled out across the region, the International Monetary Fund said Tuesday. The lender's new report projects the region's...

The United Arab Emirates and Syria are considering ways to increase economic and investment cooperation as the Persian Gulf nation seeks to redirect its foreign policy to serve economic interests.  UAE Economy Minister Abdulla bin Touq Al Marri met Syrian counterpart Mohammed Khalil on...

After suffering low oil demand last year due to the COVID-19 pandemic, global energy markets are now facing another crisis, with energy prices reaching record highs and global oil prices doubling year-on-year as demand rebounded from historic lows, but supply has shown signs of lagging. The...