Middle East Business News

In Pictures: Future Investment Initiative Forum Kicks Off In Riyadh

Number of panel discussions involving 300 speakers from over 30 countries, including American officials and heads of glo... Read more

Standard Chartered Pre-tax Profit Up 16% In Q3

The lender said it earned $1.24 billion before tax in July-September, against forecasts for a drop Read more

Saudi Arabia Signs $15bn Deals On Opening Day Of Investment Conference

Over 24 deals agreed including $1bn agreement between Saudi Aramco and Spanish outfit Tubacex Read more

UAE's Biggest Bank FAB Expands Saudi Operations

First Abu Dhabi Bank announces opening of a branch in Al Khobar, with Jeddah to follow shortly Read more

Gulf Wealth Funds To Consider Investing In Saudi Aramco IPO

Sovereign wealth funds in Kuwait and Bahrain mull move to invest in Saudi energy giant Read more

Mubadala CEO Sees 'increasing Uncertainty' In Global Economy

Khaldoon Al Mubarak says power of technology will make predicting the future 'impossible' Read more

JPMorgan Says Saudi Business Is Fastest Growing Globally

Senior exec says Saudi Arabia will become one of the main hubs in the world for JPMorgan Chase & Co Read more

Dubai's Majid Al Futtaim Denies It Owes Money To Will.i.am's Tech Company

Will.i.am and Majid Al Futtaim CEO Alain Bejjani will discuss the ongoing partnership between the two companies at the F... Read more

Global Leaders, Tycoons To Attend Saudi Arabia's 'Davos In Desert'

India's Prime Minister Narendra Modi and Brazil's President Jair Bolsonaro are set to speak at the summit along with Kin... Read more

Abu Dhabi-backed Virgin Galactic Jumps In NYSE Debut

The deal gives Virgin Galactic a market value of about $2.4 billion, the company said Read more

UAE 'very Close' To Becoming A Cashless Society

Dubai could see $2.2bn uptick in the economy by adopting more cashless facilities, say experts Read more

Is Kuwait Set To Fall In Line On Fed Interest Rates?

As the Fed is widely expected to deliver another cut, Kuwait is likely to pull the trigger too, even as inflation accele... Read more

The Who's Who Of Finance Head To Saudi Arabia To Investment Summit

Wall Street A-listers will join seven-time Grammy winner Will.i.am at the Future Investment Initiative in Riyadh Read more

Abu Dhabi Wealth Fund To Invest In Operator Of Mumbai Int'l

Abu Dhabi Investment Authority, along with Canada's PSP Investments and India's NIIF, to invest over $1bn in GVK group Read more

Emirates NBD Hires New CFO As Nine-month Profits Soar

Dubai's biggest bank appoints Patrick Sullivan as group chief financial officer, replacing Surya Subramanian Read more