Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, is now home to over 600 wealth and asset management companies - triple the number of other centres in the market, it was revealed on Wednesday.
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US President says Washington is ready to resume military operations but sees no immediate need for action; Netanyahu reportedly presses for fresh strikes as Tehran insists its conditions must be met before Hormuz reopens
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The Indian Hotels Company Limited (IHCL) and Kingdom Projects have announced a $100 million investment in Bahrain to introduce three developments: the Taj hotel brand’s debut in the Kingdom, Bombay Brasserie and Hamleys, expanding the country’s hospitality, dining and retail offering.
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The US military has carried out fresh, limited strikes on Iran's Qeshm Island, in an operation Washington described as defensive, even as President Donald Trump signalled that a diplomatic agreement with Tehran remained possible.
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GCC capital markets have witnessed significant development in recent years, driven by governments’ efforts to diversify funding sources and deepen capital markets, said top rating agency Fitch, adding the combined market capitalisation of listed equity markets across the Gulf region stands at around $4 trillion.
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Parsons Corporation, a leading infrastructure engineering firm, has announced that its joint venture, Riyadh Metro Transit Consultants (RMTC), in partnership with Systra and Egis, has secured the contract to provide project and construction management (PMCM) services for the Riyadh Metro Red Line Extension.
Arabian Centers Company (Cenomi Centers), a leading Saudi developer of lifestyle destinations, has announced that it has awarded a $220 million (SAR 825 million) design-and-build order to Lynx Contracting for the mall and office components of its Madinah Downtown project.
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Sumou Real Estate Company has signed an agreement with Saudi Downtown Company, a key unit of the kingdom's sovereign wealth fund PIF, for the development of a prime residential project in Downtown Al Khobar, involving mid-rise buildings on a 28,292-sq-m plot south of the Boulevard.
Uncertainty over whether the war involving Iran, the United States and Israel will resume has deepened anxiety across the Gulf, where residents are watching developments closely, weighing travel plans and wondering if daily routines could again be disrupted.
Bahrain's wealth fund Mumtalakat and ARP Group have partnered to establish an AI-native and blockchain enabled wholesale bank in the kingdom. It is being designed to use AI across its operations and offer programmable services that connect directly with clients’ systems through APIs.
AMG, a global critical materials company at the forefront of CO2 reduction trends, has signed a letter of intent with the Bahrain's Ministry of Industry and Commerce for the establishment of a base metal concentration plant in the kingdom for extraction of Vanadium concentrate from refineries residues.
Arcapita Group Holdings, a leading global alternative investment firm, has announced plans to invest an additional $1.5 billion in industrial and logistics real estate across the GCC over the next 24 months, building on its existing over $2 billion in assets under management in the sector.
Saudi-listed Retal Urban Development Company has signed a partnership with Edamah, the real estate arm of Bahrain's sovereign wealth fund Mumtalakat to enter the kingdom’s real estate market through a mixed-use development at Bilaj Al Jazayer featuring more than 700 residential and retail units.
Big 5 Global returns to Dubai this month, bringing together over 1,800 exhibitors from 60 countries as the construc...
Borouge International, a global polyolefins leader, has announced significant progress across its major growth proj...
Exhibition World Bahrain (EWB) has signed a two-year Diamond Sponsorship agreement with UFI, the Global Association...
Saudi sovereign wealth fund PIF has announced that it has raised $3 billion-equivalent in dual-tranche credit facil...
Bahrain FinTech Bay (BFB), through its sister company Innovate for Bahrain (I4BH), has announced an exclusive partn...
Apollo Global Management's strategic investment in Mubadala Capital marks another milestone in the UAE's emergence ...
Laura Hammett, a leading interior architecture and design studio based in London, has announced the expansion of it...
Batelco by Beyon, part of the Beyon Group, and Mazad, Bahrain’s leading digital auction and marketplace platform, h...
Gerard Daniels, the international executive search and board consulting firm, has opened its first UAE office in Ab...
Flaer, a premium furniture brand from leading global developer Sobha Group, has unveiled its wider collection at th...
Saudi sovereign wealth fund PIF has announced that it has raised $3 billion-equivalent in dual-tranche credit facil...
Remat Al-Riyadh Development Company, the development arm of Riyadh Municipality, has signed a contract with Interna...
Senior policymakers, diplomats, business leaders and experts from India and the GCC will discuss steps to further e...
Democrats seized control of both the US Senate and House on Tuesday, scoring sweeping victories in Republican stron...
