29d ago
By K. Naveen Prabu
KUALA LUMPUR, March 3 (Bernama) -- Crude oil prices may head towards the US$90-US$100 per barrel level following the disruption at Saudi Arabian state-owned oil giant Saudi Aramco’s Ras Tanura plant, analysts say.
29d ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 2 (Bernama) – As the war in the Middle East enters its third day, global aviation continues to be disrupted with commercial flights across the region remaining at a standstill, as major airports continue to be closed and regional airspace restricted, resulting in a mind-boggling 2,000 flights being cancelled.
29d ago
ISTANBUL, March 2 (Bernama-Anadolu/Ina) -- An Iranian drone strike targeted Saudi Aramco’s Ras Tanura oil refining facility on Monday, igniting a fire outbreak, Anadolu Ajansi reported, citing media reports.
30d ago
KUALA LUMPUR, March 2 (Bernama) -- The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) latest decision to increase its crude oil production target by 206,000 barrels per day (bpd) for April is a signal that the grouping is prepared to use spare capacity if needed.
1m ago
KUALA LUMPUR, March 1 (Bernama) -- Gulf national oil companies are unlikely to declare force majeure pre-emptively amid elevated geopolitical risks in the Middle East, following the reported sea traffic disruptions in the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes today.
1m ago
KUALA LUMPUR, Feb 25 (Bernama) -- Henley & Partners has released its 2026 Residence and Citizenship Programs rankings, showing Europe’s long-standing dominance is being increasingly challenged by fast-rising programmes across the Middle East, Asia-Pacific, Latin America and the Caribbean.
1m ago
KUALA LUMPUR, Feb 23 (Bernama) -- Red Sea Global (RSG), a vertically integrated real estate developer, has revealed plans to open an adventure and entertainment district named ADRENA to the public on March 1, following a soft launch for invited guests from Feb 15.
1m ago
PUTRAJAYA, Feb 11 (Bernama) -- Five Malaysian companies are set to finalise business deals worth close to RM2 billion at the Makkah Halal Forum 2026 in Saudi Arabia, held from Feb 14 to 16, underscoring growing halal trade ties between Malaysia and the Middle East.
1m ago
KUALA LUMPUR, Feb 11 (Bernama) -- Cloudera, the data and artificial intelligence (AI) platform company, has reported strong results for fiscal year 2026 (FY26) driven by solid growth, customer wins, expanded partnerships, and continued innovation.
2m ago
KUALA LUMPUR, Jan 26 (Bernama) -- TOURISE, the global platform shaping a new horizon for tourism, successfully advanced the sector’s strategic importance at the World Economic Forum Annual Meeting in Davos, advocating for its recognition as a vital economic system connecting industries, economies, and regions.
2m ago
KUALA LUMPUR, Jan 26 (Bernama) -- Saudi Arabia is set to host the World Economic Forum (WEF) Global Collaboration and Growth Meeting: Building Common Ground and Reviving Growth in Jeddah on April 22 to 23.
2m ago
KUALA LUMPUR, Jan 26 (Bernama) -- Saudi Arabia’s ministers at the World Economic Forum (WEF) Annual Meeting in Davos outlined the Kingdom's strategy to become a pivotal "connector economy" amid shifts in global trade, aggressively expanding its tourism sector, and reinforcing its role as a stable partner in finance and emerging technologies.