Saudi Arabia wants to demystify its finances. The kingdom is working on creating a consolidated balance sheet of its assets and liabilities which will include items currently kept off the oil-rich economy's books, including the investments and debts of its powerful sovereign wealth fund....

Saudi Arabia's Sheikh Zaki Yamani, the embodiment of the ascent of Arab petroleum power and the face of the 1973 oil embargo that brought the West to its knees, has died. Yamani was a witness to the 1975 murder of the Saudi king who had plucked him, a non-royal, from obscurity to be oil...

Iran officially has begun restricting international inspections of its nuclear facilities, state TV reported Tuesday, a bid to pressure European countries and U.S. President Joe Biden's administration to lift crippling economic sanctions and restore the 2015 nuclear deal. The state TV...

Realizing that even after a decade of popular uprising Libya continues to remain in chaos, an expert on the region urged for granting a social space to the traumatized country to bring divided institutions together. But the expert also lamented that geopolitical rivalries have brought new...