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

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

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

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

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

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

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 ...