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The decline in the kingdom’s oil exports follows its production cuts as well as those of Russia. Saudi Arabia may face difficulties maintaining price stability moving forward.

With the Gulf being the number one destination of captagon, Oman announced the seizure of millions of the illegal amphetamines on Thursday.

(Own report) – The EU is preparing to take initial steps toward adopting methods of US sanctions and impose extraterritorial punitive measures on enterprises of third countries including those in the United Arab Emirates and possibly in Turkey, as EU Commission President Ursula von der Leyen confirmed yesterday. They will first focus on the resale of sanctioned EU goods to Russia. Thus, in the future, enterprises will be punished even if they are not based within the EU and, therefore, are not subject to EU norms. The extraterritorial implementation of one’s own system of norms is in viola...

Emirati officials are still bullish about the future of cryptocurrency, but the crash in the market has hit the UAE hard.

Plus, a grim milestone for an American prisoner in Iran, prospects for peace in Yemen and Arab-Israeli cooperation highlighted at Negev Forum.