Saudi Crown Prince unveils new PIF company to develop downtowns in 12 cities
Crown Prince Mohammed bin Salman, Chairman of the Public Investment Fund (PIF), announced on Monday the launch of Saudi Downtown…
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Saudi non-oil private sector businesses expanded in September – PMI
Underpinned by strong gains in both output and new orders, Saudi Arabia's non-oil private sector economy expanded in September, albeit…
HSBC Bahrain wins The Asset Triple A Sustainable Investing Awards
HSBC Bahrain has been named the Best Sub-Custodian, and Best Fund Administrator for Retail Funds for the second consecutive year…
Proofpoint study reveals employee cybersecurity negligence is putting Middle East organizations at risk in hybrid work environments
Over a third of UAE and KSA employees (38% and 36% respectively) admit they would take documents with them to…
UAE is world's most powerful passport: This is how the world’s passports are ranked on their influence
In 2022, the UAE ranked first on the Passport Index’s ‘Global Passport Power Rank’ and ‘Individual Passport Power Rank’. But…
Way cleared for Dubai's offplan buyers to get Golden Visas on Dh2m property asset
The way has been cleared for offplan property buyers in Dubai to be granted UAE Golden Visas, provided their investment…
Qatar's QIA will invest $2.38bln in German power provider RWE
QIA , the sovereign wealth fund of the Qatar, will invest EUR 2,427.6 million ( $2.38 billion) in RWE AG …
New UAE visa system: Changes to Golden, Green residencies; family sponsorship rules; entry permits explained
Emiratis, expatriates, investors and visitors will benefit from streamlined processes and simplified procedures with the launch of new UAE passport…
Saudi real GDP expected to rise by nearly 8 percent, say analysts
Saudi Arabia’s budgeted revenues for 2023 are likely to be based on the Brent price at $76 per barrel, said…
Christie’s International Real Estate Dubai opens at Dubai World Trade Centre
Christie’s International Real Estate Dubai is delighted to announce the opening of its new office at the Dubai World Trade…
Dubai sets new record with sale of Palm Jumeirah mansion for $82m
A mansion built on Dubai’s Palm Jumeirah island has become the most expensive home to be sold in the Gulf…
Dubai-listed Islamic insurer Salama confirms merger plans with Takaful Emarat
Islamic insurer SALAMA has confirmed that it has obtained initial regulatory approval for a merger with Takaful Emarat and that…