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 ...

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

Egypt’s cabinet approved a special freezone for Fujairah Alamein Oil and Gas Company on its north coast. The 737.9k-sqm zone will store and trade crude oil and petroleum products in New Alamein City, ...

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 ...

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 ...

Masdar scraps plans to build a 100 MW green hydrogen electrolyzer for Emsteel even after bidders submitted their offers ...

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 ...

Alan Williamson (LinkedIn) helms a company with 14 premium schools, 34 government-partnership schools, and just under 50k students under its belt, taking it through its IPO in 2022 and, today, through ...

Dubai’s annual inflation eased to 5.3% in July from 5.7% in June, according to EnterpriseAM calculations based on the latest Consumer Price Index data (pdf) from the Dubai Statistics Center. On a ...