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Jack DuttonVice |
Despite Israel’s economic stagnation last year, a new report found that high-tech — which accounts for 16% of all Israeli jobs — saw its gross...
Saudi Arabia, which saw $750 million in venture capital funding last year, saw a 44% drop in funding volume in 2024 compared to 2023.
Dar Global has agreed to a string of real estate deals with the Trump Organization, the company founded and owned by US President-elect Donald Trump.
The air defense system, developed by Aviv Israel Aerospace Industries, is designed to counter various aerial threats such as ballistic missiles and...
Turkey and Hungary said Friday that they had received waivers on gas payments to Russia after the United States imposed sanctions on Gazprombank...
ADNOC agreed in October to buy Covestro for 14.7 billion euros (then around $16.3 billion), including its debt, in its biggest-ever takeover.
For the first 10 months of the year, merger and acquisition deals in the region reached $36 billion, up by 88% from a year earlier, a Bain &...
A 2024 survey of 67 countries has ranked the United Arab Emirates first globally in 223 competitiveness indicators as the Gulf nation continues to...
Saudi Arabia’s Public Investment Fund said late Thursday it had taken a 15% stake in FGP Topco Ltd, the company that owns London’s Heathrow...
The Trump Organization and London-listed Dar Global will launch two new projects in the Saudi capital of Riyadh, as the incoming US president’s...
Israel on Friday denied claims it had struck or entered a flashpoint hospital in northern Gaza, saying it was operating nearby, after the clinic's...
The five-year agreement will increase collaboration between PIF and Bpifrance Assurance Export, focusing on projects to support Vision 2030, Saudi...
The European plane maker aims to develop local talent and technological expertise in the fast-growing Gulf market.
Norway’s sovereign wealth fund said it has sold all of its shares in Israel’s largest telcoms firm Bezeq, as it provides services to the...
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...
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...
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...
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...
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 player...
The two countries have been deepening economic and trade ties to help each other meet strategic initiatives such as China’s Belt and Road...
The signings come amid the Future Investment Initiative this week in Riyadh, which attracted hundreds of international companies and investors to...
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...
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...
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...
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...
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...
Relations between the two NATO allies have worsened in recent years over political rifts regarding the Eastern Mediterranean, Gaza and Syria, as...