The value of the original project was estimated at $6.6 billion in 2018
The fund has vowed to invest more in Asia and the US as it pursues growth and diversification after years of substantial investment in Europe
The global market has tightened significantly over the past few months amid a robust rebound in fuel demand in the US, China and parts of Europe
The Future Generations Fund, managed by Kuwait Investment Authority, has risen to a record of about $700bn
The transaction is subject to customary completion conditions
The CDC issued a Level 4 Travel health notice for the UAE on Monday
Brent oil has rallied more than 40 per cent this year as a strong rebound from the pandemic in the US, China and Europe underpins increasing fuel consumption
The extreme weather highlights the real world impact of climate change
The company is working with JPMorgan Chase & Co. as it considers selling a majority stake
The US benchmark is on course for a fifth quarterly advance, which would be the best run since 2010
Medline is the biggest private US manufacturer and distributor of medical supplies
The carrier will now serve the US with over 70 weekly flights across 12 gateways
EFG Hermes agreed to buy a stake in FIM Partners in 2017
The investment values Zeta at $1.45bn
Oil has managed to break out from a tight range near $60 a barrel and resume its upward momentum
The US dispatched an envoy to the region and Egypt and Qatar sought to help broker a truce
With the region improving its status as a global trade hub, it is attracting more and more cross-border deals with countries such as the US, according to investment firm J&A
As of April 12, more than 6.8 million doses of the vaccine have been administered
Technology companies have already raised $20bn in US IPOs this year
A US inventory report showed domestic fuel consumption is at the highest in four months
Sheikh Nawaf Al-Ahmad Al-Sabah travelled to the US on March 4
DP World has expressed interest in developing the southern terminal at Port Sudan
The daily service will commence from June 1, 2021
More than 4 million barrels a day of US oil output is now offline
Local airlines must first provide a plan for bringing the plane back safely
Its network currently stands at 120 destinations, with plans to reach 130 routes by the end of March
Saudi Arabia said it had “intercepted and destroyed a hostile air target going towards Riyadh” on Saturday
Outgoing President Donald Trump doesn’t plan to invite the Bidens to the White House before the inauguration
The wealth fund holds stakes in some of the world’s top companies
Spot gold added as much as 0.1 per cent to $1,945.67 an ounce, the highest since November 9