Adnoc has chartered around 15 crude carriers to maintain shuttle movements and customer deliveries amid Red Sea and Hormuz disruptions ...

Plus: The Department of Energy delegation met up with regulators and academic partners in the US to discuss water regulation, network modernization, AI, and ...

Eni plans to drill 30 exploration wells and 200 development wells in Egypt during the next phase of its investment program, CEO Claudio Descalzi told President Abdel Fattah El Sisi during a meeting in ...

Salwa Fouad Fadhel (LinkedIn) has been named director general of the Abu Dhabi Social Support Authority, replacing Abdulla Humaid Al Ameri, who’d held the role since 2021, according to a statement.

Led by Japan’s SBI Group, the round gives Fasset fresh capital to expand its regulated financial network across banks, payment providers, and liquidity markets ...

WEATHER- It’s getting hotter and hotter in Abu Dhabi, with temperatures rising to 46°C before cooling to a low of 32°C. It’s less warm in Dubai, with the mercury topping out at 42°C before cooling to ...

The pool has grown fast. Six active funds in 2024 held a combined USD 572 mn, only USD 42 mn of it deployed. By 2025, the cumulative count reached 14 funds targeting USD 1.28 bn, 89% still undeployed.

Mohamed Alabbar plans USD 18 bn fund for Syria rebuild: Mohamed Alabbar has just confirmed he’s the latest Emirati name making a major push into Syria’s reconstruction. The Emaar Properties founder ...

Lebanon’s banking reform gets a rare nod from the IMF: The IMF has called Lebanon’s recently passed Banking Restructuring Law a “major step,” signaling that parliament reached a version that is close ...

Emirates REIT’s headline earnings fell 71% y-o-y to USD 54.3 mn in 1H 2026, as unrealized valuation gains dropped 79% to USD 37.2 mn off a high base, according to its interim report (pdf) and 1H ...

Al Rajhi, SNB and Riyad Bank pulled back on lending guidance, letting mid-sized banks like AlJazira and Albilad do the volume growth instead Deposits are catching up to loans: Sector deposits grew 9% ...

Good morning, folks. Egypt’s markets are growing, but not without some friction. We’ve got three stories about it today, covering the EGX, pharma, and real estate. The EGX filing story is the most ...