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 Fed will no longer provide forward guidance, with Warsh directing markets to stop treating it as the primary input into their next trade ...

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 ...

Dubai-based fintech Fasset joined the unicorn club after raising USD 68 mn in Series C funding, pushing its valuation to USD 1 bn as it expands its stablecoin-based financial network and AI ...

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

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% ...

? 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 ...

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 ...