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- Middle East Business News And Information - Mid-East.Info
MENAFN
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July 8, 2025
(MENAFN- Mid-East Info) With Saudi Arabia's eCommerce market size expected to reach USD 49.49 billion by 2030, scalable, intelligent logistics infrastructure have become critical. Once fully operational, the warehouse will handle up to 15,000...
EIA: Iraq’s oil exports to US surge over the week
Shafaq News
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2025-07-06T09:00:17+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad/Washington The United States increased its oil imports from Iraq last week, according to the US Energy Information Administration (EIA). The EIA reported on Sunday...
Oil Prices Lower on a Report US-Iran Nuclear Talks Will Restart
Yahoo Finance
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Oil tanker in open sea by StockStudio via Shutterstock August WTI crude oil (CLQ25) on Thursday closed down -0.45 (-0.67%), and August RBOB gasoline (RBQ25) closed down -0.0043 (-0.20%). Oil prices on Thursday fell after Axios reported that the US...
OPEC+ countries to increase oil output by 548,000 bpd in August
The Cable
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July 6, 2025
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) have decided to increase production by 548,000 barrels per day in August. In a statement on Saturday, the oil cartel said the move follows eight member countries’ decision,...
CA Gas Taxes on the Rise
Hot Air
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July 8, 2025
Welp. They officially passed D-Day in California on July 1 - 'D' as in 'damn it' because the scheduled gas tax came into effect along with a slew of new environmental regulations aimed squarely at the shrinking and beleaguered fossil fuel industry...
Bangladesh’s vegetable exports via sea shipments jump 313% in one year
Fresh Plaza
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July 8, 2025
Bangladesh's vegetable exports have made a dramatic comeback, growing over 313% in the 2024-25 fiscal year. According to the Plant Quarantine Centre at Chittagong Seaport, sea shipments reached 58,766 metric tons, up from just 14,202 tons the...
Oil Prices Lower on Report US-Iran Nuclear Talks Will Restart
Yahoo Finance
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Oil barrels stacked on each other by Kalulu via iStock August WTI crude oil (CLQ25) today are down -0.69 (-1.02%), and August RBOB gasoline (RBQ25) is down -0.0146 (-0.69%). Oil prices are trading lower after Axios reported that the US plans to...
Malabar Gold & Diamonds inaugurates landmark integrated manufacturing site in Hyderabad, cementing its position as a global manufacturing leader
The Arabian Stories
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July 6, 2025
HYDERABAD : Malabar Gold & Diamonds, the 5th largest jewellery retailer globally with over 400 showrooms across 13 countries, has launched its state-of-the-art, fully integrated jewellery manufacturing unit, the largest of its kind, in Hyderabad,...
Eight OPEC+ nations agree to boost oil output in August
BGNES
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July 6, 2025
Eight OPEC+ nations have agreed to increase their collective crude oil output by 548,000 barrels per day, a rise that exceeds previous forecasts. The decision comes as part of a process to gradually lift voluntary supply curbs. The meeting, held...
The Standard Formula: Encyclopaedia of Prudential Solvency – Chapter 5: Prudential Solvency Regimes in the Middle East
JD Supra - California
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July 8, 2025
See all chapters of Encyclopaedia of Prudential Solvency. Introduction This chapter discusses the prudential solvency regimes in the Middle East, a crucial topic for anyone involved in the insurance industry. The Middle East is an exciting place...
LG Electronics to work with Saudi Arabia to develop HVAC solutions for high-temperature regions
The Korea Times
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July 6, 2025
LG Electronics, Korea's leading home appliance maker, said Sunday it will join hands with Saudi Arabia to develop heating, ventilation and air conditioning (HVAC) solutions for regions prone to extreme heat. LG Electronics has decided to conduct a...
Expert calls for interagency, intergovernmental cooperation to regulate crypto industry
Free Malaysia Today
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July 5, 2025
Singapore recently ramped up its crypto exchange regulations in a bid to curb money laundering and boost market confidence after a series of high-profile scandals rattled the sector. (Envato Elements pic) PETALING JAYA: A cryptocurrency expert is...
‘The Destination’ Documentary Explores Recent Developments Across Saudi Arabia
Asharq Al-Awsat
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July 6, 2025
The Saudi Ministry of Media’s Konoz initiative has launched “The Destination” documentary film exploring recent developments across Saudi Arabia’s political, economic, medical, sports, cultural, media, and artistic fields while highlighting...
OPEC Approves 548,000 Bpd Oil Output Boost for Eight Members, Excludes Nigeria
Arise News
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July 6, 2025
The Organisation of Petroleum Exporting Countries and its allies (OPEC) on Saturday gave the go-ahead to eight of its members and allies, excluding Nigeria, to pump an additional 548,000 barrels per day starting in August. The increase, which is...
Saudi Arabia activates its first THAAD company to strengthen its missile defence
Atalayar
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July 4, 2025
Saudi Arabia has finally decided to launch its first company dedicated to the THAAD (Terminal High Altitude Area Defence) missile defence system, as part of an ambitious plan to strengthen its national security. According to the Saudi Press Agency...
Saudi Aramco considers power assets sale to raise billions
ETEnergyworld.com
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July 4, 2025
Saudi oil giant Aramco is looking to sell up to five gas-fired power plants, three sources with knowledge of the matter told Reuters, as part of a broader effort to free up funds that could generate tens of billions of dollars. The potential sale...
Saudi Arabia's oil exports soar as kingdom tries to claw back market share
Middle East Eye
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July 1, 2025
Saudi Arabia’s oil exports soared in June as the kingdom tries to claw back market share from other members of the energy alliance Opec. Saudi exports jumped by 441,000 barrels a day, or about seven percent, in June, to 6.36 million a day,...
Aircraft Interiors industry development summary: May/Jun-2025 - A320 Family business class insight
Routes
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This regular CAPA - Centre for Aviation report provides a summary of major developments in the aircraft interiors sector, supported by data from the CAPA Aircraft Interiors Database and CAPA News. This edition covers May-2025 and Jun-2025 and...
Saudi priority is permanent Gaza ceasefire, Foreign Minister says
The National News
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Saudi Arabia's priority is to reach a permanent ceasefire in Gaza, despite growing speculation about the kingdom establishing relations with Israel, Foreign Minister Prince Faisal bin Farhan said on Friday. Prince Faisal was asked about the future...
Nigeria Left Out As OPEC+ Approves 548,000 bpd Production Increase For August
New Telegraph
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July 5, 2025
Nigeria has been excluded from the list of Organisation of Petroleum Exporting Countries and its allies (OPEC+) members permitted to increase oil production in August 2025. This was the outcome of a virtual meeting held on Friday by eight key...