Notable IPOs on the Saudi Arabia stock market during the quarter included the IPO of Dr. Soliman Abdel Kader Fakeeh Hospital Company, which raised USD 763 million on the Tadawul stock exchange...
There is still no progress in the negotiations between the European Union and the Gulf Cooperation Council, an Arab bloc comprising Saudi Arabia and the UAE...
At the end of the 2024 second quarter, Emirates NBD's total assets increased to 931 billion dirhams, up 15% from 2023, while lending increased by 6% during the first half of the year...
As one of the top oil exporters in the world, the UAE has expedited plans to diversify its economy away from hydrocarbons and attract international investment...
Middle Eastern state-owned investors oversee USD 4.7 trillion in capital, with Dubai alone having three times as many millionaires as any other city in the region, according to the DIFC...