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The Middle East is poised for a significant economic transformation in 2025, with countries across the region intensifying their diversification strategies to reduce reliance on oil revenues. Saudi Arabia, the United Arab Emirates (UAE),…
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…
Global diesel prices have surged following the United States’ imposition of new sanctions targeting Russia’s energy sector. These sanctions aim to…
The International Monetary Fund (IMF) has adjusted its 2025 GDP growth projection for Saudi Arabia to 3.3%, attributing the revision primarily…
Emaar Properties, Dubai’s largest real estate developer, is in discussions with several Indian entities, notably the Adani Group, to divest a…
Global oil prices have climbed to their highest levels in over three months following the U.S. Treasury’s imposition of extensive sanctions…
A consortium led by the Arab Energy Fund (TAEF), formerly known as the Arab Petroleum Investments Corporation (APICORP), has acquired a…
Andrey Rogachev provides insights into the dynamics of Dubai as the regional design and architectural hub. Investor and strategic management expert…
ADNOC Logistics & Services Plc (ADNOC L&S), a prominent player in the global energy maritime logistics sector, has secured a hybrid…
Iran’s oil sector is confronting significant challenges as former President Donald Trump prepares to re-enter the White House, raising concerns about…
State-owned investors, notably sovereign wealth funds (SWFs) and public pension funds (PPFs), are significantly increasing their presence in global private markets.…
The United Arab Emirates’ non-oil private sector expanded at its fastest pace in nine months in December, driven by strong demand…
Emaar The Economic City (EEC), the master developer behind Saudi Arabia’s King Abdullah Economic City (KAEC), has secured shareholder approval for…
Abu Dhabi National Oil Company (ADNOC) has made significant strides in its efforts to bolster the UAE economy, with its In-Country…
Despite the Gulf Cooperation Council (GCC) countries’ plans to implement a 15% corporate tax on large multinational enterprises (MNEs) by January…
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, recently conducted a…
AD Ports Group, a leading enabler of global trade and logistics, has completed the integration of Noatum Group’s assets, marking the…
Dubai has launched the Dubai Resilience Centre, a new entity dedicated to strengthening the city’s ability to manage risks, emergencies, crises,…
Qatar has issued a stark warning to the European Union, stating that it will cease gas exports to the bloc if…
Prime Minister Narendra Modi commenced a landmark two-day visit to Kuwait on December 21, marking the first visit by an Indian…
The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) have formalized an agreement to…
XRG, the international investment arm of Abu Dhabi National Oil Company (ADNOC), has achieved a significant milestone by securing a 91.32%…
Kazakhstan is proceeding with its plan to boost oil production in 2025, despite the Organization of the Petroleum Exporting Countries Plus…
The Trump Organization is set to expand its presence in the Gulf with the development of Trump Towers in both Abu…
Abu Dhabi-based energy group XRG has entered into a strategic partnership with BP to establish a joint venture aimed at developing…
The continued partnership between the United Arab Emirates (UAE) and Bahrain is playing a pivotal role in shaping sustainable development across…
ADNH Catering, a prominent UAE-based catering services provider, has announced plans to raise its ownership stake in its Saudi joint venture,…
Triton Liquid Fund, a leading player in digital asset hedge fund management, has taken a significant step by obtaining its full…