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 ...

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 ...

Etihad Airways has increased its flight schedule by 8 percent, contrasting with regional peers who reduced capacity during the Iran conflict. 1 The company recorded carbon emissions of 58.78 grams of ...

Kuwait Oil Company (KOC), is a government-owned subsidiary of Kuwait Petroleum Corporation. It plays a central role in Kuwait’s economy by producing around 1.7 million barrels of oil daily and ...

First Abu Dhabi Bank achieved growth in net profit and operating income for the second quarter and first half of 2026, surpassing medium-term expectations. Net interest income and non-interest income ...

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 ...