(Bloomberg) — Saudi Arabia’s central bank fined 16 financial institutions, including the kingdom’s largest banks, for violating “responsible finance principles.” Read more: Saudi Banks Set for Most...
The Sultanate is currently implementing strategic projects worth more than $25 billion in the oil and gas sector to sustain economic diversification, according to HE Salim...
(Bloomberg) — Efforts by OPEC and its allies to balance the global supply and demand of oil aren’t complete because crude inventories continue to rise, according...
(Bloomberg) — The United Arab Emirates “won’t jump the gun” and accuse Iran of sabotaging ships off its coast, a senior government official said, as rising...
(Bloomberg) — Dubai’s main port and biggest free zone authority plans to return 1.3 billion dirhams ($354 million) in cash and bank guarantees to its clients...
2019 has so far been the year of 5G. From 5G enabled folding phones, to surgery conducted on a patient miles away by doctors at Mobile...
(Bloomberg) — Profit at Dubai-based Damac Properties plummeted in the first quarter as the company grapples with a slowdown in demand for real estate in its home...
(Bloomberg Opinion) — All companies in the European Union will have to track their employees’ working hours: That was the ruling delivered by the EU’s top...
Seven Seas Petroleum is on the road to become the largest turnkey solution provider in Oman’s Industrial market Seven Seas Petroleum LLC, a major Omani oil...
(Bloomberg) — Bitcoin rallied past $8,000, extending its longest winning streak since 2013 while giving fresh momentum to a cryptocurrency market that crashed only last year. Just...