BusinessLatest Business and Company Updates
OPEC+ Faces Hesitation Over Production Cuts Amid Supply Surplus
Oil traders are expressing doubts over OPEC+'s ability to implement production cuts next year, despite forecasts predicting a looming global supply surplus that could push prices even lower. A recent survey conducted by Bloomberg News revealed that nearly two-thirds of 25 brokers and analysts expect the oil-producing bloc to refrain
Saudi hotel push targets business travel gap
US-based Patel Family Office and Dammam-headquartered Abdel Hadi A. Al-Qahtani & Sons have signed a $1 billion agreement to build 50 business hotels across Saudi Arabia by 2029, betting that the Kingdom’s fast-growing corporate travel market now needs more standardised
ADIA unit backs Asia-Pacific property credit fund
Capital from a subsidiary of Abu Dhabi’s sovereign wealth fund has flowed into a Hong Kong-based private credit manager, signalling continued appetite among Gulf investors for property-linked lending opportunities across developed Asia-Pacific markets.Dignari Capital Partners said a wholly owned unit
Swiss International University Ranked 3rd Globally in QRNW GRTU 2027 Ranking
The QRNW Global Ranking of Transnational Universities 2027 has placed Swiss International University (SIU) in third position among all transnational universities worldwide. The recognition was awarded to the university because it operates extensive international programs while offering flexible academic options
