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Jack DuttonVice |
Dubai’s real estate market, which has been booming for the last five years, is predicted to soar even higher.
French President Emmanuel Macron will meet Saudi Crown Prince Mohammed bin Salman for a one-on-one dinner on Tuesday.
The Dubai-based brewery will begin construction in late 2025 and has secured all necessary permits, Heineken said in a statement.
XRG, which will operate separately to ADNOC, is expected to double its asset value over the next decade.
Executives at the Middle East’s largest airline have frequently expressed their dismay over delays and uncertainty around the delivery of the Boeing...
The United States introduced Ukraine war-related sanctions last week against 118 individuals and entities tied to Russia’s financial sector,...
Emirati authorities said Monday three suspects from Uzbekistan were in custody over the murder of a rabbi, a rare violent incident involving an...
The UK-headquartered bank will pay a fine of 40 million pounds to British regulators for failing to disclose information of its rescue by Qatar during...
Turkey's financial recovery travails are likely to be the key reason for the change in energy policy.
BlackRock, which manages around $11.5 trillion in assets, announced last month that it had obtained a license from the Saudi authorities to open a...
It is not the first time tensions have been frosty between Ben & Jerry's and its parent company over the Israeli-Palestinian conflict.
Trump's long-time friend will face a tough job in trying to quell a regional war that has been raging since Oct. 7, 2023, between Israel, Lebanon and...
In a Monday statement ADNOC Gas said it had raised its capital expenditure plan to around $15 billion for the next five years, from about $13 billion.
Middle Eastern and North African companies face increasing pressure from investors, regulators and global markets to strengthen transparency and adopt...
Saudi Arabia’s benchmark index, the TASI, gained 0.9%, while Dubai's main share index gained 0.5%. The Abu Dhabi Securities Exchange, a key...
The two countries have been deepening economic and trade ties to help each other meet strategic initiatives such as China’s Belt and Road Initiative...
The signings come amid the Future Investment Initiative this week in Riyadh, which attracted hundreds of international companies and investors to the...
King Mohammed VI welcomed Macron to Morocco as part of a three-day visit by the French president in which around 20 deals were agreed upon.
The ETF, which will begin trading on the Saudi Stock Exchange, has raised more than $1.2 billion.
Expected to be operational within a year, the 100-kilowatt class, high-energy Iron Beam system is designed to complement Israel's existing Iron Dome...
Onshore drilling had been suspended for a decade, since the beginning of the Libyan civil war between rival factions in the country’s east and west.
India's central bank announced the decision in a statement noting that the UAE's exchange body showed “non-compliance with regulatory...
The company has been grappling with protests and boycott campaigns on social media due to the Israel-Gaza war and the union fight in the United...
According to the German chancellery, Scholz will host the emir at Meseberg Castle, with the meeting focusing on deepening energy, trade and regional...
OQ raised the funds for its exploration and production business on the local stock exchange.
Gemini Cooperation will use the Cape of Good Hope network, which has been the alternative transit route for hundreds of vessels since the Houthis...
Data firm MAGNiTT reported Tuesday that the Middle East far outperformed other markets and regions, including Africa and Southeast Asia, which saw...
A year after the deadly attack on southern Israel by the Hamas militant group and the ensuing war in Gaza, the direct cost to the Israeli economy has...
Iran's supreme leader vowed in a rare address on Friday that his allies around the region would keep fighting Israel, as he defended his country's...
US President Joe Biden was asked Thursday whether he would support Israel attacking Iranian oil infrastructure, and in off-the-cuff remarks, he said...
Late on Tuesday, Iran launched more than 180 ballistic missiles at Israel in what it said was in retaliation for last Friday’s assassination of...
The deal is set to be the largest takeover ever by a Middle Eastern company of a European firm.
His meetings came after UAE President Sheikh Mohammed bin Zayed met earlier this week with President Joe Biden and Vice President Kamala Harris.
WeRide already operates the largest robotaxi fleet in the UAE, where residents can access its robotaxi services through the TXAI app.
Joe Biden gave a somber farewell address to the United Nations on Tuesday, using his own decision to drop out of the US presidential election to warn...
Relations between the two NATO allies have worsened in recent years over political rifts regarding the Eastern Mediterranean, Gaza and Syria, as well...
The Swiss food and beverage firm is investing an initial 270 million riyals in the project, according to the Saudi Press Agency.
The English Premier League claims Man City breached rules requiring if to provide financial data that "gives a true and fair view of the club's...
A Turkish-American woman was shot dead Friday while demonstrating against Israeli settlements in the occupied West Bank town of Beita, where the army...
India is trying to position itself as a leading microchip producer, encouraging foreign companies to set up manufacturing facilities in the country.
The Sino-Libyan pact was announced Wednesday by Chinese President Xi Jinping and President of the Libyan Presidency Council Mohamed al-Menfi at the...
The House of Representatives, based in the eastern city of Benghazi, and the High State Council in Tripoli in the west signed a joint statement after...
Governor Sadiq al-Kabir spoke exclusively to Al-Monitor after he and other senior officials at the Libyan Central Bank fled to Istanbul at the end of...
Fintech is one of the most funded and transacted industries across the MENA region, according to a MAGNiTT report, accounting for 24% of all venture...
Fintech is one of the most funded and transacted industries across MENA, according to a MAGNiTT report, accounting for 24% of all venture investment...
The Sarir oil field has halted almost all production of around 209,000 barrels per day, engineers said.
The Israeli military said a hostage was rescued Tuesday from a Gaza tunnel, more than 10 months after the 52-year-old Israeli Bedouin was seized...
For many years, Pakistan has relied on China and Gulf allies Saudi Arabia and the United Arab Emirates to roll over some of its debt to avoid having...
It marks Mubadala’s third major investment in cloud data centers in three years, as the wealth fund looks to cash in on the ballooning demand for...
The Dubai-based logistics firm reported $265 million in profit for the first half of 2024 ending June 30, down from $651 million the same time last...
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