The board of Abu Dhabi's Taqa has voted to delist from the emirate’s stock exchange after a subsidiary of L’imad acquired a ...

Oil prices fell on Wednesday after Oman and Iran announced plans to establish a temporary joint maritime corridor in the ...

Banks in the Middle East may face greater scrutiny from domestic regulators as the US steps up pressure to enforce sanctions ...

Work is set to commence on Kuwait’s new water desalination plant as the Gulf state builds infrastructure to support potential ...

Saudi AI company Humain will collaborate with Microsoft to make its Allam large language model (LLM) available to customers ...

The Islamic Republic's gamble to close the Strait of Hormuz has become a double-edged sword for Iran's economy, with petrol ...

Turkey’s burgeoning defence industry is likely to be one of the winners from a new military pact with Saudi Arabia and ...

Public borrowing from Qatari banks has fallen by $5 billion since the US-Iran war began, while private-sector credit has ...

Dubai-based fintech Fasset has reached a $1 billion valuation after its latest fundraising round, joining the region’s unicorn ranks. The startup, which provides digital banking, payments and ...

US threats to penalise countries that do business with Iran could deepen Iraq’s electricity crisis due to a heavy reliance on ...

A Saudi state mortgage refinancing firm attracted nearly seven times the amount it sought from investors in an international ...

Egypt’s Suez Canal Economic Zone attracted investments of $7 billion as the government aims to turn the area into a centre ...