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Investcorp has agreed to acquire a majority stake in Smart Managed Solutions, a London-based mechanical and electrical facilities management specialist, in a deal that deepens the Bahrain-based alternative investment firm’s exposure to resilient business…
DAMAC Properties has launched The Lifestyle Collection, a new apartment ownership offer with monthly plans starting from AED 1,999 across four…
Washington and Tehran have published the text of an interim agreement signed by their presidents to halt a wider Middle East…
Abu Dhabi sovereign investor Mubadala has acquired $200 million of Equitix’s stake in Greenlink, deepening its exposure to European energy infrastructure…
Middle East governments moved to endorse a preliminary US-Iran peace deal on Monday, casting it as the strongest diplomatic opening yet…
Oil prices slid to their lowest levels since March on Monday after Washington and Tehran said they had reached an initial…
The United States and Iran are edging towards a peace memorandum that could reopen the Strait of Hormuz and pause a…
Dubai’s property market is set for one of its largest new supply commitments as Emaar Properties prepares to unveil a Dhs200bn…
AHS Properties has acquired the Shangri-La Dubai hotel on Sheikh Zayed Road for Dh1.1 billion, deepening the luxury developer’s hold on…
Dubai’s push to turn long-term tenants into homeowners has crossed Dh5 billion in residential transactions, with more than 3,200 residents buying…
ADNOC is exploring investment opportunities in Canada’s upstream oil and liquefied natural gas sectors through XRG, its international energy investment arm,…
Access to finance for industrial startups is becoming a sharper policy test for the UAE as high-growth manufacturing ventures confront longer…
Oil markets lurched higher on Monday as renewed Israeli strikes on Iran and attacks on Lebanon revived fears that the Middle…
Israel launched airstrikes on military targets in western and central Iran early on Monday after Iran fired missiles and drones towards…
Capital inflows into the UAE are holding steady as investors adopt tougher due diligence standards rather than retreating from the market,…
Gas engine manufacturer Innio has raised $2.43 billion in a US initial public offering, pricing an upsized share sale at the…
Oil markets are heading towards a possible August inflection point as constrained flows through the Strait of Hormuz, recovering seasonal demand…
Emirates Telecommunications Group Company PJSC, known as e&, has agreed to sell part of its stake in Careem Technologies to Uber…
Global economic leaders have warned that the Middle East war is tightening energy supplies, disrupting trade routes and placing the heaviest…
Several Americans were injured and two MQ-9 Reaper drones were badly damaged after an Iranian ballistic missile aimed at Kuwait’s Ali…
Japan will restore Dubai crude as the benchmark for calculating petrol price subsidies from June 4, reversing a temporary shift to…
Kuwait’s air defence systems intercepted hostile missiles and drones targeting its airspace early Thursday, triggering loud explosions across parts of the…
Dubai and Abu Dhabi’s office and retail property markets remained resilient in the first quarter of 2026, as tight supply, steady…
Saudi Aramco will transfer its equity stakes in Malaysia’s PRefChem refining and petrochemical ventures to Petronas, bringing an eight-year downstream partnership…
UAE Minister for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi used a high-level GLOBSEC Forum 2026 panel in Prague to…
Masdar has signed an agreement with China’s Sungrow to supply battery energy storage and photovoltaic inverter systems for Abu Dhabi’s round-the-clock…
Abu Dhabi has cast its departure from OPEC as a strategic move to protect national revenue before global oil demand enters…
Full oil shipments through the Strait of Hormuz are not expected to return before the first or second quarter of 2027,…