Articles
Saudi Arabia signs renewable energy deals worth $8.3bn
Agreements for seven new solar and wind projects will produce 15 gigawatts of electricity
Saudi Arabia and Indonesia sign deals worth $27bn
Agreements span sectors including clean energy, petrochemicals and aviation fuel services
World Bank allocates $400m for war-devastated Lebanon and Syria reconstruction
Funding is allocated for infrastructure repairs and reconstruction of electricity grid
Oil plunges and stocks climb as Israel agrees to ceasefire with Iran
Brent falls again after closing 7 per cent down on Monday
Why Oman has decided to levy income tax on high earners
Sultanate's new law imposing 5% levy will help country achieve its economic goals, analysts say
UAE FDI hit $45bn in 2024 on economic diversification push
The 48% annual FDI increase last year is an international vote of confidence in the UAE's economy, said Sheikh Mohammed
Swiss asset manager Partners Group sets up ADGM office
Company with $150bn in assets joins growing list of financial institutions that call ADGM home
Israel's move to isolate Palestinian banks will give rise to black market
Finance Minister Smotrich's plan to end the co-operation between banks will worsen humanitarian crisis, analysts say
World Bank lowers global growth forecast on tariff war
Slumping global trade has resulted in growth forecasts being cut in about 70 per cent of all economies, lender says
US asset manager Harrison Street opens ADGM office
Real estate and infrastructure investor with $56 billion in assets plans to further expand in the region
Arab debt explained: Why some Middle East countries borrow at a high cost
Although falling deeper into debt year by year, they are knocking on the doors of international lenders for more financial assistance
Interview Expansion push to help JP Morgan double its Middle East revenue by 2030
US bank's business in region has grown 10 per cent annually on average since 2020, Emea chief executive Filippo Gori says
Abu Dhabi's Ghitha aims to double revenue from $1.36bn in three years
The food production and distribution subsidiary of IHC seeks to enter new export markets including the US, CEO says
UAE set to extend $11bn financing to industrial firms over next five years
Country is also launching Dh1 billion platform to boost SME growth
Donald Trump's Gulf tour ends with trillions of dollars in deals
US and Qatar signed deals to generate an economic exchange worth at least $1.2 trillion
