Dubai: Oman, which saw its debt rating cut to junk this month, appears to be borrowing money it needs far in advance of...
Dubai: Oman, which saw its debt rating cut to junk this month, appears to be borrowing money it needs far in advance of...
Tokyo: Japanese mobile carrier SoftBank said, with Saudi partners, it has raised nearly $100 billion in pledges to launch a major global fund...
Gulf Air, Bahrain’s national carrier, has announced the appointment of its new Board of Directors, which will be chaired by Zayed bin Rashid...
Saudi Arabia welcomed U.S. President Donald Trump with agreements for deals worth tens of billions of dollars on Saturday as he embarked on...
RIYADH: The world’s largest private equity fund, backed by Japan’s Softbank Group and Saudi Arabia’s main sovereign wealth fund, said on Saturday it...
Riyadh: US conglomerate General Electric said it signed agreements and memorandums of understanding worth $15 billion with Saudi Arabia on Saturday during President...
RIYADH: National oil firm Saudi Aramco is looking for opportunities to expand in the United States over the next 10 years, and wants...
RIYADH: National oil giant Saudi Aramco expects to sign $50 billion of deals with US companies on Saturday, part of a drive to...
RIYADH: Saudi Arabia has been increasing its holdings of U.S. Treasury bonds by billions of dollars ahead of a visit by President Donald...
The Abu Dhabi Investment Authority, one of the world’s largest sovereign-wealth funds, is seeking offers for Paris office buildings valued at $1.7bn to...
Dubai: The Dubai government said yesterday that it had secured $3bn in long-term financing for the expansion of its airports. The expansion is...
Abu Dhabi’s Mubadala Investment Co. plans to invest as much as $15 billion in SoftBank Group Corp.’s Vision Fund and start two new...
RIYADH: A strengthening in Saudi Arabia’s government finances has allowed the kingdom to stop drawing down its foreign assets to cover a budget...
DUBAI: United Arab Emirates e-commerce and online marketplace website JadoPado has been acquired by a technology fund led by Dubai billionaire and Emaar...
Dubai: Leading Middle East airline Emirates said Thursday its profits had plunged by 82.5 percent in its last fiscal year, blaming fierce competition,...
Emirates, the Middle East’s largest airline, reported a drop in annual profit on Thursday for the first time in five years as it...
Riyadh: Saudi Arabia's budget deficit fell by 71 percent in the first quarter of this year, the finance minister said on Thursday, after...
NICOSIA: The European Bank for Reconstruction and Development is to start investing in the West Bank and Gaza, it said on Wednesday. The...