Saudi Aramco shares trade higher after share offeringSaudi Aramco's shares were higher on Sunday, the first trading day after a secondary share offering expected to raise at least $11.2 billio...
After six months of war, Israel's isolation grows with no end in sightDespite Israel's fierce military onslaught, Hamas is still standing, if significantly weakened. The offensive has pushed Gaza into a humani...
Palestinians feel 'no joy' as Israel bombs Gaza on ChristmasIn the Gaza Strip, the Hamas militant group reported 50 strikes in central areas early on Monday, including in the Nuseirat refugee camp. A...
Grim Christmas Eve in Bethlehem as war rages in GazaChristmas celebrations were effectively cancelled in the occupied West Bank city of Bethlehem, revered as the birthplace of Jesus Christ, w...
As Israel-Hamas war rages, global finance chiefs in Saudi sound gloomy noteTop financiers on Wall Street expressed pessimism about the global economy at a conference in Saudi Arabia, citing the violent conflict bet...
Saudi Arabia's PIF launches region's first major bond sale since Israel-Hamas conflictThe Public Investment Fund (PIF) plans to issue a dollar-denominated Islamic bond, and mandated Citi, HSBC, JPMorgan and Standard Chartered...
India, US, Israel & UAE launch new I2U2 website and private enterprise partnership on UNGA sidelinesThe I2U2 Group, consisting of India, the US, Israel, and the UAE, has launched a private enterprise partnership to increase awareness of it...
Crypto exchange Rain to target UAE asset managers after winning licenceMiddle Eastern crypto exchange Rain, backed by Coinbase, has secured a licence to operate a virtual assets brokerage and custody service in...
UAE signs $599 million in defence contracts: State news agencyUAE contracts with local companies were worth 1.6 billion dirhams, while contracts with international firms totalled 653 million dirhams, W...
Saudi Aramco's quarterly net income up 39% to $42.4 billionAramco joins oil majors such as Exxon Mobil Corp and Chevron that have reported strong or record breaking results in recent weeks, benefiti...
Oman's sovereign wealth fund eyes tech investments in UKOman Investment Authority is considering investing in the United Kingdom's technology sector to take advantage of valuations hit by rising ...
UAE's Abu Dhabi's financial centre to sign MOU with Israel's securities authority on fintechAfter the United Arab Emirates (UAE) and Israel agreed to normalise relations in August, the two countries have signed a host of accords to...
BJP's retail rethink? Narendra Modi asks traders to compete with modern storesAddressing a meeting of traders, Modi, however, did not refer to foreign direct investment in retail, which his party is strongly opposed t...
- Abu Dhabi to build new oil refinery
Abu Dhabi National Oil Company will build a new oil refinery to boost its output capacity by 417,000 barrels per day, Jassem al-Sayegh, hea...