Articles
Citi gets approval from Saudi Arabia for regional headquarters in Riyadh
New York-based bank has obtained approval from the Saudi Ministry of Investment
Nvidia stock price drops despite strong quarterly profit
California-based company's net profit in October quarter jumps 109% to more than $19.3bn
Swiss banker to bolster Rothschild's Middle East wealth management arm
The global firm, managing assets of more than $106bn, has obtained a category 4 licence from the DFSA
IMF urges Oman to boost non-oil revenue for growth
Fund projects sultanate's growth to remain at 1.2% this year, slowed by extended oil production curbs by Opec+
Neymar Jr buys $54m penthouse in Dubai
Property in Business Bay offers customised features and a French Riviera-inspired private beach
Can Google Gemini take on ChatGPT and Copilot in Gen AI race?
Alphabet-owned company launches a dedicated app for Gemini on Apple's iOS globally to expand its user base
NHTSA imposes $165m penalty on Ford, second highest in agency's history
Investigation reveals delays in Michigan car maker’s recall of vehicles with faulty rear-view cameras
Saudi Arabia's PIF sells 2% stake in STC in $1bn deal
Sovereign wealth fund says it aims to reinvest its capital into emerging and promising sectors in the local economy
Boeing’s aircraft deliveries dropped to four-year low in October amid mounting losses
US plane maker reports 63 aircraft orders last month
AD Ports partners with Pakistan to boost trade, transport and logistics
The agreements are aimed at enhancing collaboration in customs, rail, airport infrastructure and maritime logistics
UAE Central Bank cuts interest rates after US Federal Reserve decision
Regulator reduces base rate for overnight deposit facility by 25 basis points
Adnoc L&S signs $4.4bn in contracts to build 23 supertankers
Abu Dhabi energy major Adnoc also awarded more than $196m in contracts to 11 companies to boost domestic manufacturing
UAE and Australia sign Cepa deal to boost trade to $15bn by 2032
The countries aim to increase bilateral trade threefold
Deyaar enters Abu Dhabi market with Rivage waterfront project
Construction is set for completion by the last quarter of 2027, Dubai-listed firm says
Adnoc signs $920m deal to expand AI programme to 2,000 wells
More than 80% of the contract’s value will benefit the UAE economy through ICV programme, Abu Dhabi company says
