(Bloomberg) — Dubai’s $108 billion economy is still eking out growth, but distress is increasingly felt far beyond its bellwether property industry. Despite the emirate’s standing as...
Giving a fillip to education, Petroleum Development Oman (PDO) has signed a Memorandum of Understanding (MoU) with the Ministry of Education and Ministry of Higher Education...
A recent news report by the Oman News Agency cited that Oman’s insurance sector was poised for expansion with the health insurance sector leading the way...
(Bloomberg) — Two former executives of The Abraaj Group, which collapsed last year in the world’s biggest private-equity insolvency, were arrested on U.S. charges of defrauding investors,...
Dussur, a strategic joint venture of the Public Investment Fund (PIF), Saudi Aramco and SABIC, announced the appointment of Dr. Raed AlRayes as its new Chief...
(Bloomberg) — Carlyle Group LP plans to buy a stake valued at as much as $4.8 billion in Cepsa from Mubadala Investment Co., about six months after...
(Bloomberg) — From Dubai’s Burj Khalifa to Kuwait’s Al Hamra Tower, Gulf economies built up their skylines in a hurry in the few years preceding the...
Oman Arab Bank (OAB), as part of its increased focus on digitalisation and its continued commitment towards supporting the growth and development of technology in the...
The organizing committee of the Annual Investment Meeting 2019, has completed the preparations for the upcoming event, which will be held from 8th to 10th of...
Business leaders in the Middle East and North Africa (MENA) view economic and governance issues as the primary risk in the region but may underestimate the...
