Saudi Arabia needs higher oil prices to sustain spending

State companies will be required to cut the dividends they pay the government

Iranian ship hit by mines in Red Sea, reportedly by Israel

The Saviz was damaged by an explosion on the same day Tehran and world powers met to discuss restoring the 2015 nuclear deal

Benjamin Netanyahu’s political troubles only getting worse

After a fourth inconclusive election in two years, there is no guarantee that Netanyahu will succeed in unblocking the political stalemate

Jordan bans all news and social media amid royal rift

King Abdullah has accused his half-brother Prince Hamza of plotting against the country and put him under house arrest

Three polio vaccine workers murdered in Afghanistan

The UN mission to Afghanistan warned in 2020 that healthcare workers were increasingly at risk after a series of attacks

Abu Dhabi first from Opec to allow its oil to be sold freely anywhere in the world

National company keen to create a new benchmark in the global energy market with its Murban grade

Saudi-led coalition destroys Houthi drones

Yemen’s Houthis confirm sending six explosive-laden drones to the kingdom

Traffic in Suez Canal to resume as grounded ship is moved

Giant container blocking waterway is being shifted to a bank to allow normal movement

Fourth Israeli election projects good chance of fifth poll

Benjamin Netanyahu looks likely to have to cobble together a coalition that might include Jewish ultra-Orthodox, ultranationalist and Arab parties to secure ...

No outright winner in Israeli election, exit polls show

The vote was a referendum on Netanyahu’s leadership, which has been tested by the graft charges against him

Israelis go the polls for fourth time in two years

Will it be Prime Minister Benjamin Netanyahu who retains power again?

Saudi warplanes strike Yemen after ceasefire proposal

Fighting intensifies as diplomatic efforts to end six-year war gain momentum

Saudi Arabia proposes peace deal to end Yemen war

Saudi Arabia has announced repeated unilateral — but partial — ceasefires in Yemen since  2015, but they did not last

Fire at Saudi oil refinery caused by drone strike brought under control

Yemen's Houthi group said they targeted the site with six drones

Creating jobs essential as Saudis forced to take blue-collar work

Job creation is the biggest challenge for the Saudi crown prince as unemployment hit a record 15% due to Covid-19

Protests resume in Lebanon as currency hits new low

Lebanese pound trades near 15,000 to the dollar, having lost a third of its value in the past two weeks

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.