Common rules, cross-border mergers and deposit protection could help Gulf banks withstand financial shocks ...

Red Sea ports are struggling to deal with large volumes of incoming cargo as war-related disruptions to Saudi shipping lanes ...

The war in Iran has highlighted a lack of coordination between GCC monetary authorities. In March, the UAE, Qatar and Kuwait announced separate measures to support their banking systems against the ...

London-listed Dar Global is considering launching a real estate fund focused on Dubai as part of its international strategy ...

The US has agreed to increase shipments of physical dollars to Iraq to help with a shortage in the country's heavily dollar-dependent economy ...

Abu Dhabi renewable energy company Masdar is expanding its European operations through the acquisition of a solar project in ...

Saudi Arabia’s imports have held steady despite the closure of Bab al-Mandab to Saudi shipping and a Houthi-enforced 'siege' ...

Saudi-listed Bahri has placed an order for three very large crude carriers from International Maritime Industries ...

Saudi Basic Industries Corp (Sabic) has returned to quarterly profit after disruption from the Iran conflict but has cut its ...

Dubai has launched the third phase of its Tasreef stormwater drainage project, which will expand the network by almost 100 kilometres ...

Established in 1972 as Abu Dhabi National Oil Company’s sole drilling provider, Adnoc Drilling is the largest national drilling company in the Middle East by rig fleet size. Originally known as the ...

Saudi Arabia plans to store crude oil in Singapore to protect supplies to Asian customers from further disruption following ...