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 ...

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

The Kuwait Investment Authority (KIA) is Kuwait’s state-owned sovereign wealth fund, founded in 1953 to manage government funds from oil. As of late 2024 KIA has almost $1 trillion of assets under ...

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

The Kuwait Investment Authority (KIA) is Kuwait’s state-owned sovereign wealth fund, founded in 1953 to manage government funds from oil. As of late 2024 KIA has almost $1 trillion of assets under ...

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 ...

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 ...

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