News

Severe Heat and Power Grid Failure Cause Blackout in Central and Southern Iraq
Energy
Severe Heat and Power Grid Failure Cause Blackout in Central and Southern Iraq

Severe Heat and Power Grid Failure Cause Blackout in Central and Southern Iraq A huge power outage hit central and southern Iraq…

Ant International Partners with Abu Dhabi Investment Office, Gets UAE Central Bank Approval to Boost Digital Services
Abu Dhabi, Banking & Insurance, Investment, UAE
Ant International Partners with Abu Dhabi Investment Office, Gets UAE Central Bank Approval to Boost Digital Services

Ant International Partners with Abu Dhabi Investment Office, Gets UAE Central Bank Approval to Boost Digital Services Ant International has signed a…

Egypt’s Annual Inflation Drops to 13.1% in July as Food Prices Fall
Economy, Egypt
Egypt’s Annual Inflation Drops to 13.1% in July as Food Prices Fall

Egypt’s Annual Inflation Drops to 13.1% in July as Food Prices Fall Egypt’s annual inflation slowed to 13.1% in July, down from…

Jordan to Host Meeting with US and Syria on Rebuilding Efforts
Economy, Syria
Jordan to Host Meeting with US and Syria on Rebuilding Efforts

Jordan to Host Meeting with US and Syria on Rebuilding Efforts Jordan will host a meeting with the US and Syria on…

Syria Signs $14 Billion Investment Deals to Rebuild After War
Economy, Investment, Syria
Syria Signs $14 Billion Investment Deals to Rebuild After War

Syria Signs $14 Billion Investment Deals to Rebuild After War Syria has signed new investment agreements worth $14 billion with international companies…

Dubai Residential REIT Sees 10% Profit Growth in First Half, Reaches $169.3 Million
Business, Dubai, Real Estate
Dubai Residential REIT Sees 10% Profit Growth in First Half, Reaches $169.3 Million

Dubai Residential REIT Sees 10% Profit Growth in First Half, Reaches $169.3 Million Dubai Residential REIT reported a 10% increase in net…

IHC Reports 12.3% Drop in First-Half Profit to $2.9 Billion, Despite Higher Revenue
Abu Dhabi, Banking & Insurance
IHC Reports 12.3% Drop in First-Half Profit to $2.9 Billion, Despite Higher Revenue

IHC Reports 12.3% Drop in First-Half Profit to $2.9 Billion, Despite Higher Revenue Abu Dhabi-based International Holding Company (IHC) announced that its…

Egypt’s Foreign Reserves Reach $49 Billion in July, the Highest in Years
Economy, Egypt
Egypt’s Foreign Reserves Reach $49 Billion in July, the Highest in Years

Egypt’s Foreign Reserves Reach $49 Billion in July, the Highest in Years Egypt’s net international reserves reached $49 billion at the end…

Bahrain’s Mumtalakat Buys a Share in Abu Dhabi’s BlueFive Capital
Abu Dhabi, Bahrain, Business, Real Estate
Bahrain’s Mumtalakat Buys a Share in Abu Dhabi’s BlueFive Capital

Bahrain's Mumtalakat Buys a Share in Abu Dhabi's BlueFive Capital Bahrain’s national investment fund, Mumtalakat, has bought a share in BlueFive Capital,…

Dubai Completed $1.2 Billion Worth of Property Projects in First Half of 2025
Dubai, Property, Real Estate
Dubai Completed $1.2 Billion Worth of Property Projects in First Half of 2025

Dubai Completed $1.2 Billion Worth of Property Projects in First Half of 2025 Dubai finished 24 real estate projects worth $1.2 billion…

Kering in Final Talks to Sell Milan Luxury Property to Qatari Royal Family
Property, Qatar, Real Estate
Kering in Final Talks to Sell Milan Luxury Property to Qatari Royal Family

Kering in Final Talks to Sell Milan Luxury Property to Qatari Royal Family French luxury company Kering is close to reaching a…

SABIC Reports 2.6% Revenue Growth in First Half of 2025, But Suffers a Net Loss
Energy, Saudi Arabia
SABIC Reports 2.6% Revenue Growth in First Half of 2025, But Suffers a Net Loss

SABIC Reports 2.6% Revenue Growth in First Half of 2025, But Suffers a Net Loss Saudi Basic Industries Corporation (SABIC) announced that…