dubai

Saudi wealth fund, BlackRock to jointly explore Mideast infrastructure projects

Saudi Arabia's sovereign wealth fund and BlackRock have signed an agreement to jointly explore infrastructure projects in the Middle East,…

3 years ago

Saudi Aramco joins oil results bonanza with 39% jump in net income

Saudi Arabian state oil producer Aramco beat forecasts on Tuesday with a 39% jump in third-quarter net income and reported record…

3 years ago

Exclusive: Saudi, UAE save oil firepower in case of winter supply crisis

OPEC leaders Saudi Arabia and the United Arab Emirates stand ready to deliver a "significant increase" in oil output should…

3 years ago

Dubai leads major Gulf bourses higher as Omicron fears ease

Most stock markets in the Gulf rose in early trade on Tuesday, on receding worries about the impact of the…

4 years ago

Housing affordability to worsen near-term, even as prices cool off

The sizzling pace of house price rises in most major world housing markets since the pandemic began has likely peaked,…

4 years ago

Dubai house prices to rise modestly, stay affordable in coming years

Dubai's residential property market is on a steady course, with prices expected to rise modestly over the next couple of…

4 years ago

Analysis: OPEC disagreement lays bare growing UAE-Saudi economic rivalry

Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry…

4 years ago

EXCLUSIVE New Saudi airline plan takes aim at Emirates, Qatar Airways

Saudi Arabia plans to target international transit passenger traffic with its new national airline, going head-to-head with Emirates and Qatar…

4 years ago

Maersk VC co-leads funding round in Egyptian start-up Trella

Egyptian startup Trella, a digital platform connecting truckers with freight loads, has raised $42 million in equity and debt, including…

4 years ago

Dubai Airshow to take place under capacity restrictions, organiser says

The Dubai Airshow, this year’s biggest aerospace trade show and a spectacle for business deals worth billions of dollars, will…

4 years ago