Khaleefa Al Mheiri , Masdar’s acting chief operating officer, will become president and CEO of Masdar Americas, effective 19 October, according to a LinkedIn post. He replaces P ...

Saudi PIF-backed Humain made an undisclosed strategic investment in UAE-based Arabic.AI to scale Arabic and multilingual enterprise AI, according to a press release. The partnership will pair Humain’s ...

REMEMBER- Earlier in the year, Binghatti said it was shelving its IPO ambitions, later pushing ahead with a USD 500 mn sukuk issuance. It was also flagged as one of the developers whose ...

Dubai Islamic Bank (DIB) closed its debut syndicated Islamic financing facility — a USD 750 mn, three-year senior unsecured commodity murabaha term loan that pulled in c. USD 1.2 bn in commitments, or ...

While the UAE has just one live IPO hopeful left this year, its follow-on pipeline is looking promising. Abu Dhabi Islamic Bank (ADIB) last week signed off on a proposal to raise AED 1.75 bn through a ...

Abu Dhabi’s ePointZero is acquiring a 90% stake in Azura Power Holdings, an independent power producer with 752 MW of operating capacity across Nigeria, Senegal, and Mozambique, according to a company ...

In the first US strike on Iran in over a month, US forces targeted two IRGC rocket launchers on Larak Island in the Strait ...

The UAE developer is joining a growing Gulf investment push into Syria as reconstruction spending starts to take shape ...

Gulf producers are turning to shuttle transfers to keep crude flowing. The catch: the workaround still carries geopolitical, ins., and capacity risks ...

Attacks on Black Sea grain infrastructure are tightening supply concerns for major importers just as markets brace for a potentially stronger USD and higher ...

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 ...