News

IMF Raises Concerns Over Egypt’s $8B Loan Program
Economy, Egypt
IMF Raises Concerns Over Egypt’s $8B Loan Program

IMF Raises Concerns Over Egypt’s $8B Loan Program The International Monetary Fund (IMF) said on Tuesday that Egypt has made some progress…

Masdar Sells Its Share in Sharjah Waste-to-Energy Plant to Tadweer Group
Energy, UAE
Masdar Sells Its Share in Sharjah Waste-to-Energy Plant to Tadweer Group

Masdar Sells Its Share in Sharjah Waste-to-Energy Plant to Tadweer Group Masdar said on Wednesday that it has sold its share in…

UAE Starts 2027–2029 Budget Plan with Focus on Sustainability, Efficiency, and AI
Economy, UAE
UAE Starts 2027–2029 Budget Plan with Focus on Sustainability, Efficiency, and AI

UAE Starts 2027–2029 Budget Plan with Focus on Sustainability, Efficiency, and AI The UAE’s Ministry of Finance has announced the start of…

Iraq’s North Oil Company Signs Deal With U.S. Firm HKN to Boost Oil Production at Himreen Field
Economy, Energy, Oil and Gas
Iraq’s North Oil Company Signs Deal With U.S. Firm HKN to Boost Oil Production at Himreen Field

Iraq’s North Oil Company Signs Deal With U.S. Firm HKN to Boost Oil Production at Himreen Field Iraq’s state-owned North Oil Company…

Saudi Arabia Leads Venture Capital in MENA With $860 Million in First Half of 2025
Business, Saudi Arabia
Saudi Arabia Leads Venture Capital in MENA With $860 Million in First Half of 2025

Saudi Arabia Leads Venture Capital in MENA With $860 Million in First Half of 2025 Saudi Arabia was the top country in…

GCC IPO Market Drops 6% in First Half of 2025, Says Markaz
Saudi Arabia, Stock Markets, UAE
GCC IPO Market Drops 6% in First Half of 2025, Says Markaz

Companies in the Gulf Cooperation Council (GCC) raised $3.4 billion through 24 initial public offerings (IPOs) in the first half of 2025.…

Saudi Companies Sign Deals for $8.3 Billion Renewable Energy Projects
Energy, Saudi Arabia
Saudi Companies Sign Deals for $8.3 Billion Renewable Energy Projects

Saudi Companies Sign Deals for $8.3 Billion Renewable Energy Projects A group of companies led by Saudi energy firm ACWA Power has…

Moody’s Upgrades Oman’s Credit Rating Due to Better Financial Health
Economy, Oman
Moody’s Upgrades Oman’s Credit Rating Due to Better Financial Health

Moody’s Upgrades Oman’s Credit Rating Due to Better Financial Health Moody’s Ratings has raised Oman’s credit rating from Ba1 to Baa3 and…

UAE-Based BlueFive Capital Raises $2 Billion to Support Private Equity in the Gulf
Banking & Insurance, Investment, UAE
UAE-Based BlueFive Capital Raises $2 Billion to Support Private Equity in the Gulf

UAE-Based BlueFive Capital Raises $2 Billion to Support Private Equity in the Gulf BlueFive Capital, an investment company based in the UAE,…

Jordan and Syria Restart Water Talks, Plan to Work Together on Shared Resources
Energy, Syria
Jordan and Syria Restart Water Talks, Plan to Work Together on Shared Resources

Jordan and Syria Restart Water Talks, Plan to Work Together on Shared Resources Jordan and Syria have resumed talks to work together…

Saudi Arabia Allows Foreigners to Own Property – What to Know and When It Starts
Property, Real Estate, Saudi Arabia
Saudi Arabia Allows Foreigners to Own Property – What to Know and When It Starts

Saudi Arabia Allows Foreigners to Own Property – What to Know and When It Starts Saudi Arabia has approved a new law…

Abu Dhabi Chamber Membership Rises 4.9% as Business Grows Stronger
Abu Dhabi, Business
Abu Dhabi Chamber Membership Rises 4.9% as Business Grows Stronger

Abu Dhabi Chamber Membership Rises 4.9% as Business Grows Stronger The Abu Dhabi Chamber of Commerce said that its membership increased by…

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