Oman’s economy grew between April and June this year as disruption to the Strait of Hormuz failed to dampen oil exports ...

Acwa Power and Saudi Energy, co-developers of a gas-fired power plant in the Mecca region, have secured funding to expand the ...

Iran has begun reviewing the US response to its seven-day plan to end the conflict between the nations and reopen the Strait ...

Saudi Arabia is tightening rules on IPOs in an effort to revive a market that has seen new listings slow sharply since the ...

Fashion-led developments in Dubai are most vulnerable to price declines as the supply of branded residences surges and demand ...

Established by royal decree in 2020 Oman Investment Authority (OIA) is Oman’s state-owned sovereign wealth fund. Designed to manage Oman’s funds and assets, it has a strategic focus on optimising ...

Jeddah Tower and the first phase of a city around it should be completed in "late 2028", a few months later than a date given ...

Abu Dhabi-backed shippers are shuttling container cargo through the Strait of Hormuz as major international carriers avoid ...

Saudi Arabia’s PIF-backed Rua AlHaram AlMakki is exploring a major property development within the King Salman Gate project ...

Iraq plans to relax foreign property ownership rules to attract international investment for new cities and ease its housing ...

Shuttling transfers through the Strait of Hormuz and a more permissive stance from Iran have helped to restore Iraqi oil ...

Oman’s state-controlled OQ Gas Networks (OQGN) hope to raise $1 billion from global capital markets to diversify its funding sources. The funding will be through the issuance of sukuk – Islamic bonds ...