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Dubai Islamic Bank (DIB), the United Arab Emirates' largest Shariah-compliant lender by assets, has increased its shareholding in Türkiye's T.O.M. Group from 20% to
Global diesel prices have surged following the United States' imposition of new sanctions targeting Russia's energy sector. These sanctions aim to further constrain Russia's
The International Monetary Fund (IMF) has adjusted its 2025 GDP growth projection for Saudi Arabia to 3.3%, attributing the revision primarily to the extension
Emaar Properties, Dubai's largest real estate developer, is in discussions with several Indian entities, notably the Adani Group, to divest a portion of its
Global oil prices have climbed to their highest levels in over three months following the U.S. Treasury's imposition of extensive sanctions on Russia's energy
A consortium led by the Arab Energy Fund (TAEF), formerly known as the Arab Petroleum Investments Corporation (APICORP), has acquired a 100% stake in
Andrey Rogachev provides insights into the dynamics of Dubai as the regional design and architectural hub.Investor and strategic management expert Andrey Rogachev discusses the
ADNOC Logistics & Services Plc (ADNOC L&S), a prominent player in the global energy maritime logistics sector, has secured a hybrid capital instrument valued
Iran's oil sector is confronting significant challenges as former President Donald Trump prepares to re-enter the White House, raising concerns about the future of
State-owned investors, notably sovereign wealth funds (SWFs) and public pension funds (PPFs), are significantly increasing their presence in global private markets. With combined assets
The United Arab Emirates' non-oil private sector expanded at its fastest pace in nine months in December, driven by strong demand and increased business
Emaar The Economic City (EEC), the master developer behind Saudi Arabia's King Abdullah Economic City (KAEC), has secured shareholder approval for a substantial capital
Abu Dhabi National Oil Company (ADNOC) has made significant strides in its efforts to bolster the UAE economy, with its In-Country Value (ICV) program
Despite the Gulf Cooperation Council (GCC) countries' plans to implement a 15% corporate tax on large multinational enterprises (MNEs) by January 1, 2025, foreign
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, recently conducted a comprehensive review of
AD Ports Group, a leading enabler of global trade and logistics, has completed the integration of Noatum Group's assets, marking the largest restructuring in
Dubai has launched the Dubai Resilience Centre, a new entity dedicated to strengthening the city's ability to manage risks, emergencies, crises, and disasters. This
Qatar has issued a stark warning to the European Union, stating that it will cease gas exports to the bloc if subjected to substantial
Prime Minister Narendra Modi commenced a landmark two-day visit to Kuwait on December 21, marking the first visit by an Indian prime minister to
The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) have formalized an agreement to enhance cooperation between
XRG, the international investment arm of Abu Dhabi National Oil Company (ADNOC), has achieved a significant milestone by securing a 91.32% stake in Covestro
Kazakhstan is proceeding with its plan to boost oil production in 2025, despite the Organization of the Petroleum Exporting Countries Plus (OPEC+) extending output
The Trump Organization is set to expand its presence in the Gulf with the development of Trump Towers in both Abu Dhabi and Dubai.
Abu Dhabi-based energy group XRG has entered into a strategic partnership with BP to establish a joint venture aimed at developing a state-of-the-art natural
The continued partnership between the United Arab Emirates (UAE) and Bahrain is playing a pivotal role in shaping sustainable development across the Gulf region.
ADNH Catering, a prominent UAE-based catering services provider, has announced plans to raise its ownership stake in its Saudi joint venture, Compass Arabia, to
Triton Liquid Fund, a leading player in digital asset hedge fund management, has taken a significant step by obtaining its full Financial Services Permission
IntroductionTattoos are a form of self-expression, an art imprinted on the skin that tells a story or captures a moment in time. However, as
Talabat Holding, a leading Middle Eastern online food delivery platform, made its long-anticipated debut on the Dubai Financial Market (DFM) following an initial public
Emirates Biotech, a prominent player in the UAE’s growing biotechnology sector, has announced plans to construct what is poised to become the world’s largest
Hanwha Life, a leading South Korean financial powerhouse managing assets worth over $300 billion, has announced a strategic investment in Abu Dhabi-based Shorooq Partners.
Apple is poised to expand its retail footprint in the UAE, announcing plans for a fifth store in the region. This development comes as