The US-Israeli war with Iran has hit Gulf states hard and even a sharp recovery will not fully reverse the losses, according ...

Cryptocurrency exchange Bybit has secured a licence from Dubai's financial regulator to offer spot trading services ...

The UAE has nominated senior diplomat Lana Nusseibeh for the position of UN secretary-general, with António Guterres set to step down ...

Mawani, Saudi Arabia’s ports authority, is seeking companies to develop and operate a new logistics zone in Jeddah ...

Houthi attacks on Saudi Arabia's infrastructure have prompted the US to order non-essential diplomatic staff to leave the ...

The UAE has nominated senior diplomat Lana Nusseibeh for the position of United Nations secretary-general, as incumbent António Guterres is set to step down by the end of 2026. President… ...

The Emirates Group is a state-owned Dubai-based aviation holding company that owns the Middle East’s largest airline Emirates, Emirates SkyCargo and the ground-handling services company Dnata. Wholly ...

Profits at Americana Restaurants in the fourth quarter of 2024 rose 26 percent to $41 million as a consumer boycott of American brands, related to the Gaza conflict, eased 2. In 2024 the company ...

Kuwait National Petroleum Company (KNPC) is the state-owned national oil refining company of Kuwait. It was established in October 1960, with shares owned by the Kuwait government and the private ...

The Kuwait Investment Authority (KIA) is Kuwait’s state-owned sovereign wealth fund, founded in 1953 to manage government funds from oil. As of late 2024 KIA has almost $1 trillion of assets under ...

Abu Dhabi’s missile-damaged Al Taweelah aluminium smelter returns to half capacity, with full production expected in early ...

Saudi Arabia has awarded a contract for the Prince Mohammed bin Salman Stadium to a joint venture between Saudi and Chinese ...