Oman’s Nama Group has received as many as 25 pre-qualification offers from 23 strategic investors, in response to its campaign to privatise its electricity transmission, distribution...
Stocks in Abu Dhabi extended their losing streak for a seventh-straight session, the longest since May 2017. The ADX General Index’s heaviest member, First Abu Dhabi...
Saudi Arabia’s first mortgage-refinancing firm is set to debut in the bond market with a plan to raise as much as 8.5 billion riyals ($2.3 billion)...
The trial has started in an Iranian court for 13 petrochemical industry executives charged with embezzling 6.6 billion euros ($7.4 billion) in one of the nation’s...
In Dubai, the focus is often too much on the economy of tomorrow rather than that of the recent past. Even as it constructs the Museum...
Preparing skilled and trained human cadres in line with the future requirements of various economic sectors as well as the general directions of Vision 2040, is...
Companies in the United Arab Emirates’ non-oil private sector cut jobs at the fastest pace in almost a decade as lower crude prices and a struggling...
Saudi Arabian stocks are about to join major emerging-markets benchmarks, gaining the attention of many money managers for the first time. But some investors familiar with...
Uber Technologies Inc. is in advanced discussions to buy its Dubai-based rival Careem Networks FZ, a deal that would expand the ride-hailing giant’s operations in the...
Dubai plans to expedite government payments to small and medium-sized companies in an effort to revive economic growth in the Middle East’s trade and business hub....