Saudi Tadawul Group, which owns and operates the kingdom’s stock exchange, reported a sharp fall in profit following weaker ...

Apollo Global Management is to acquire a stake in Mubadala Capital under a partnership that includes a commitment to invest ...

Oil prices fell on Tuesday as talks between Saudi Arabia, Iran and regional mediators raised hopes for an easing of the ...

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 ...

Gulf trucking costs are rising as disruption to Red Sea shipping forces companies to choose alternative ports and overland ...

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

The private tranche of Banque du Caire’s IPO has been oversubscribed six times, with aggregate orders reaching EGP206 billion ($3.7 billion) ...

Saudi Arabia has raised power and water tariffs for next year as crude prices continue to rise due to the effects of the ...

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

Kuwait Petroleum Corporation (KPC), Kuwait’s national oil company, manages a range of activities, including petroleum exploration, production, refining, marketing, petrochemicals and transportation.

Established by royal decree in 2020 Oman Investment Authority (OIA) is Oman’s state-owned sovereign wealth fund. Designed to manage Oman’s funds and assets, it has a strategic focus on optimising ...

Abu Dhabi Islamic Bank (ADIB) was incorporated in 1997 to serve as the first Islamic bank in Abu Dhabi, starting commercial operations in November 1998. Abu Dhabi Islamic Bank is the fourth largest ...