ADFD also signed around AED 1.1 bn (USD 300 mn) in financing for Jordan’s budget and development programs and backed a USD 40 mn technical schools project. It adds to a broader UAE development push in ...

? The Egyptian pharma industry has evolved beyond robotic fill-and-finish operations into deep manufacturing and biotech localization. Recent data and corporate earnings reveal a radical pivot toward ...

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 ...

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 ...

BACKGROUND- June’s 5.7% print was driven largely by transport and food costs, with fuel and lubricant prices up 48.3% y-o-y. Emirates NBD had expected inflation to ease through the rest of the year ...

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 ...

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 ...

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.

Khanna joins from Bank of Singapore, where he led its private banking business for Europe and the Middle East out of Dubai ...

Plus: Amea Power is in talks with Egypt's Housing Ministry on potential investments in solar-powered water infrastructure ...

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 ...