Gulf stocks soar on US-Iran ceasefire deal
Gulf stock markets surged on Wednesday as global equities rallied after US President Donald Trump agreed to a…
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Dubai
Why Britain Is Losing Its Wealth: How the Exodus Began, Who Has Left, and Where Capital Is…
For decades, Britain was more than a country that attracted capital; it was part of the global wealthy’s identity.…
Egypt’s economy shows positive growth – FinMin
Egypt's economy has started to show signs of improvement, with financial performance indicators for the first 8…
Permira to open Dubai office
Private equity firm Permira will open an office in Dubai this year as part of its strategy to expand its Middle…
Egypt, Pfizer discuss expanding healthcare collaboration
Egypt's Minister of Health and Population, Khaled Abdel Ghaffar, held talks with representatives from Pfizer on the…
Hong Kong grants licences to four cryptocurrency exchanges
Hong Kong’s Securities and Futures Commission granted licences on Wednesday to four cryptocurrency…
Talabat’s $2b IPO marks DMF revival
Dubai Financial Market (DFM) is set for a major boost as Talabat, the Middle Eastern arm of Germany’s Delivery Hero…
Al Majed for Oud soars in Saudi IPO
Al Majed for Oud Co., a Saudi Arabia-based perfume maker, surged by the maximum limit in its Riyadh stock market…
UAE insurance sector total profit surges to AED2.5b in ’23 – CBUAE
The Central Bank of the UAE (CBUAE) reported that the country’s insurance sector profits surged to AED2.5 billion…
Dubai Chambers, Bank of China sign MoU to boost trade tie
Dubai Chambers signed on Thursday an memorandum of understanding (MoU) with Bank of China – Dubai Branch to enhance…
Saudi firm to build hydrogen-powered tower in Egypt
Magnom Properties, a subsidiary of Saudi industrial group Rawabi Holding, plans to start construction early next…
QatarEnergy raises Sept. crude prices
QatarEnergy (QE) is set to increase its official formula prices for September-loading crude exports, marking a rise…
DXB welcomes record 44.9m guests
Dubai International Airport (DXB) has set a new record by welcoming 44.9 million guests in the first six months of…
Dubai luxury home sales robust in H1 ’24
Dubai's luxury home market remained robust with 190 homes worth $3.2 billion sold in the first half of the year,…
Dubai to enhance rainwater drainage system
Dubai plans to invest 30 billion dirhams ($8.2 billion) to upgrade its rainwater drainage system following the…
Bank of America relocates to Dubai
A senior Bank of America Corp. dealmaker is relocating from London to Dubai to boost efforts in the Middle Eastern…
UAE’s FDI inflows hit $23b in ’22 – IFZA
The United Arab Emirates (UAE) had witnessed total inflows of direct foreign investment (FDIs) worth $23 billion in…
S. Arabia mulls crude price hike to Asia
Saudi Arabia, the leading exporter of oil, is contemplating raising prices for most of its crude grades sold to…
Dubai moves ahead with new passenger terminal plan at DWC
Dubai is moving ahead with the construction of a new passenger terminal at Al Maktoum International Airport, having…
Gulf stocks up on Tuesday opening
Major stock markets across the Gulf region opened higher on Tuesday, clawing back some recent losses as anxieties…
Gulf stocks mostly rise on Monday as Mideast tensions cool
Stock markets across the Gulf region staged a partial recovery on Monday, clawing back some of the losses incurred…
Gulf stocks rebound after recent losses
Gulf stock markets experienced a notable rebound on Thursday after recent losses.
Gulf stocks subdued on US rate cut concerns
Stock markets across the Gulf opened cautiously on Tuesday, mirroring a broader Asian sell-off.
Gulf markets mixed following Iran’s attack on Israel
Gulf markets were mixed on Monday following Iran's attack on Israel, raising concerns about a broader regional…
Gulf stocks mostly fall amid US rate concerns
Gulf stock markets went mostly down in early trade on Wednesday, as investors assessed the possibility of the US…
Gulf stocks gain on Tuesday
Gulf stock markets rose in early trading on Tuesday, driven by expectations of increased oil demand in China and…
Gulf stock market mixed in early trade
Gulf stock markets had a mixed performance in early trade on Monday as oil prices rose and investors awaited US…
Gulf markets up on higher oil prices
Gulf stock markets rose on Thursday as oil prices increased after two days of decline.
Gulf stocks fall on Wednesday due to lower oil prices
Gulf stock markets fell on Wednesday due to declining oil prices, influenced by a rise in US crude stockpiles and…
Gulf markets mixed on Tuesday before US data
Gulf stock markets had a mixed start on Tuesday as investors awaited US Federal Reserve interest rate decisions and…
Gulf stocks mixed in early trade
Most Gulf stock markets rose in early trade on Wednesday as investors awaited the Federal Reserve's policy meeting…
Dubai’s Emmar unveils $21b luxury projects
Dubai-based developer Emaar Properties PJSC is investing 96 billion dirhams ($21 billion) to construct two luxury…
Dubai to divest stake in parking business
Dubai’s government selling a 25 per cent ownership share in the city's public parking business through an initial…
UAE’s UDC to build new urban community in Cairo
Egypt's New Urban Communities Authority (NUCA) and the UAE’s UDC, real estate development company, signed a…
IMF chief confident in economic outlook despite uncertainties
International Monetary Fund’s (IMF) managing director Kristalina Georgieva expressed confidence on Sunday in the…
Dubai fulfils 98% of heavy vehicle emission reduction
Dubai’s Roads and Transport Authority (RTA) announced on Thursday it adhered to standards to reduce 98 per cent of…
2023 global climate alarm: countries pledge net zero at COP28
In 2023, record-breaking temperatures and shocking natural disasters like floods, droughts, and storms marked many…
IEA targets renewable energy costs in developing countries
The Executive Director of the International Energy Agency (IEA), Fatih Birol, announced on Friday at an energy…
BlackRock invests up to $400 million in Dubai’s Positive Zero
Positive Zero, a decarbonisation firm based in Dubai, declared on Monday that it is set to receive an investment of…
Cop28’s fossil fuel deal: a missed opportunity for global action
Scientists warned that the lack of a clear commitment to end fossil fuels at Cop28 is a serious threat to the…