The new facility will enhance cloud computing and artificial intelligence services to advance digital transformation in Kenya
The deal is set to combine a complementary suite of services and expertise to diversify Dubai’s economy and maximise its competitiveness
Earlier this month, Qatar’s national carrier said its entire fleet of A350 jets was back into service after settling a legal dispute with Airbus
The GCC region is set to see more equity capital markets activity in 2024 as more companies are considering public listings amid a global slowdown
Brent crude oil rose as much as 80 cents a barrel towards $85 after the IEA report was released, touching its highest since November
The discussions between Abu Dhabi’s MGX and OpenAI are at an early stage, according to the Financial Times
A partial road closure will be in place on Sheikh Khalifa Bin Zayed Al Nahyan Street in Abu Dhabi over the weekend
The IPO will offer 120,000,000 shares, representing 30 per cent of SMASCO’s total issued share capital
The Budapest project, expected to span one million square metres, will feature residential and commercial towers
The transaction adds St Regis Saadiyat, Al Wathba Luxury Collection and ultra-luxury Cheval Blanc in the Maldives to NCTH’s portfolio of hotel assets
The data points to a positive trajectory for the kingdom’s economy, driven by diversification, and growth across multiple sectors
The board of EXIM approved the project after voting last month to notify Congress about potentially supporting the expansion of an oil and gas field in the Gulf state
Outbound travel numbers had gone up substantially this year with international travel packages making up 60 per cent of all bookings
Visitors to Bluewaters and The Beach, JBR can watch a spectacular fireworks show, from March 15 to 17
Light-to-moderate rain is expected in parts of Riyadh region, including the capital, Diriyah, Al-Muzahmiyah, and Al-Hareeq
Near-term growth in global oil and liquids production will be driven primarily by the US, Guyana, Canada and Brazil, offsetting voluntary production cuts by OPEC+
First revealed in 2023 by Hungarian Minister Janos Lazar, the project was said to cost approximately EUR1bn, to enhance and upscale an abandoned neighbourhood in the capital
The Dubai World Trade Centre (DWTC) has revealed its latest facts and figures regarding how its events in 2023 performed
Dubai Investment Fund sold 749,700,000 shares, equivalent to 24.99 per cent of Parkin’s paid-up capital
The corridor is an ambitious ship and rail network that will connect Europe with India through the UAE, Saudi Arabia, Jordan and Israel
The free zone authority shared that a total of 2,692 new companies joined DMCC last year
The PIF currently ranks number five globally in terms of sovereign wealth funds by asset size
The emirate’s continued listing activity is being driven by the implementation of various initiatives such as the IPO accelerator programme
Financial institutions as well as academic institutions in the kingdom will shut for an extended period to mark Eid al Fitr
Riyadh Air has signed significant agreements so far with aviation, transportation and sport partners, including Saudia, Turkish Airlines, Boeing, GE, CAE, Swiss AS, Lufthansa Systems, Lucid Motors and Atlético de Madrid
This investment aims to bolster the growth of the Venture Debt ecosystem in Saudi Arabia.
The devaluation was part of an $8bn financial support agreement that Egypt last week signed with the International Monetary Fund
About 18 km of roadworks, as well as the installation of lighting poles along 17 km of existing streets has been completed in Dubai’s Margham, Lehbab, Al Lesaili, and Hatta
Construction on Nouran Living is set to begin in Q4 this year, with handovers expected in Q4 2027
The new legislation came into effect on March 8 and is available for public access through the DIFC’s Legislative Database