Fujairah’s refined oil product stockpiles saw an eight-week high with a 10% jump to 21.253 million barrels in the week to Aug 12, Fujairah Oil Industry...
Most major Gulf markets traded in the positive today after returning from the Eid break, according to a Reuters report. Saudi Arabia and Oman markets are...
(Bloomberg) — Huawei Technologies Co. took the wraps off its “HarmonyOS” operating system, offering the first glimpses of in-house software that may someday replace Google’s Android and...
(Bloomberg) — It doesn’t look like the hub of an online bank. But that’s what the yellow and blue metal kiosk becomes when Albert Agane locks himself...
(Bloomberg) — Saudi Aramco’s senior executives can breathe a collective sigh of relief after the company’s first-ever earnings call with investors. The half-hour event was a pretty...
(Bloomberg) — Aldar Properties is considering expanding its development and asset management businesses into Saudi Arabia and Egypt. Aldar sees “interesting opportunities” in Saudi Arabia “with the...
(Bloomberg) — Arif Naqvi, the founder of defunct Dubai-based private equity firm Abraaj Group, was sentenced in absentia to three years in prison by a court in...
(Bloomberg) — The first company to make its trading debut on Egypt’s bourse this year, electronic-payments firm Fawry for Banking & Payment Technology Services S.A.E., saw its...
(Bloomberg) — U.K. prosecutors added to the fraud indictment of three former Barclays executives who are to go on trial in connection with the bank’s fundraising from...
As the crisis in around the Strait of Hormuz shows no sign of abating, P&O Cruises has taken what it calls an “unusual step” suspend its...
