Abu Dhabi Investment Authority (Adia) has reportedly anchored a $1 billion real estate fund in India to support development across key Indian cities. A wholly owned subsidiary of the sovereign wealth
French companies plan to invest $5 billion in Turkey over the next three years, Turkish trade minister Omer Bolat said, as the Ankara government seeks to deepen economic ties and raise bilateral comme
Turkey is planning to extend the historic Hejaz railway to Oman to create an alternative global trade route to the Strait of Hormuz. The initial stage involves connecting Turkey to Aleppo in northwest
McDermott, through its subsidiary McDermott Nederland, has been chosen by Aramco as one of the 11 contractors for a long-term agreement (LTA) in project management consultancy (PMC).
Ora Developers has awarded a AED1.9 billion ($517 million) contract to Dubai-based United Engineering Construction (Unec) for the first phase of the Bayn waterfront masterplan in Ghantoot, located bet
UAE remittance and foreign-exchange house Al Ansari Financial Services has agreed to acquire a stake in Mustafa Sultan Exchange in Oman as part of a regional expansion plan. The value of the undisclos
Brent holding $80-85 range. OPEC+ discipline intact through Q3. Non-OPEC supply growth slowing. Asian demand forecast revised up 0.4% by IEA.
GCC bank profits up 18% YoY. NIMs stabilizing. Loan growth strongest in Saudi (22%) and UAE (16%). DIFC: 47 new fintech licenses Q1.
Dubai residential transactions hit AED 42B in April — monthly record. Saudi giga-project awards reached $18B Q1.
Gulf VC: $1.2B across 84 deals Q1. Saudi startups 37% of total. Fintech and logistics lead. 3 deals above $50M in Riyadh.
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