ADIA Expands India Investments with New $3.2 Billion Infrastructure Fund Targeting Energy and Transport Projects

Investment
ADIA India Investment is expanding further into India’s infrastructure sector through a new large-scale investment fund. The Abu Dhabi sovereign wealth fund has backed India’s latest infrastructure investment vehicle. The move strengthens financial ties between Abu Dhabi and India. India’s National Investment and Infrastructure Fund has raised about $2 billion. The amount represents the first close of its second infrastructure...
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UAE Gold Prices Remain Stable as 22K Gold Stays Below Dh500 Per Gram Amid Changing US Rate Expectations

UAE Gold Prices remained largely stable on Tuesday, while 22K gold continued trading below Dh500 per gram. The local market showed limited movement after...

ICAO Condemns Iranian Attacks on UAE and Gulf Countries Over Serious Threats to Regional Aviation Safety

The ICAO Iran Attacks decision has highlighted growing concerns over aviation safety across the Middle East. The international aviation body condemned attacks against the...

Humain and Qualcomm Launch AI Laptop as Saudi Arabia Accelerates Its Push into Advanced Artificial Intelligence Technology

Humain AI Laptop technology is taking shape as Saudi Arabia expands its ambitions in artificial intelligence and advanced computing. Saudi AI company Humain and...
Investment

Arada Syria Project Marks UAE Developer’s Entry Into Syria With $7 Billion Mixed-Use City Near Damascus

Arada Syria Project marks the UAE developer’s entry into Syria through a major partnership with the Syrian Sovereign Fund. The partners plan to create a large mixed-use city near Damascus. The development carries an estimated value of $7 billion, equivalent to around Dh25.7 billion, supporting Syria’s wider reconstruction efforts. The project will cover approximately four million square metres west of...

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Talabat Reports Strong Revenue Growth and Raises Full-Year Guidance in Q1 2026

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Talabat earnings update begins with strong financial results for the first quarter of 2026. The food delivery company reported net income of $87 million. This figure declined by 18 percent compared to last year. However, revenue increased...
Oil and Gas

Oman Strengthens Emergency Preparations to Protect Water and Waste Management Services

Oman Essential Services preparations have intensified as authorities work to protect vital water and waste management operations from potential oil spill impacts. The latest...
Investment

British Firm to Supply 20,000 Date Palm Seedlings to Iraq

Iraq has authorized a UK-based firm, Date Palm Developments Ltd (DPD), to supply 20,000 tissue-cultured date palm seedlings. This move is part of Iraq’s...
Financial

UAE Banking Sector Surges in Lending and Profitability

The UAE banking sector outperformed its GCC peers, achieving strong revenue and lending growth. Moreover, analysts highlighted disciplined management, operational efficiency, and diversified income...
Financial

Saudi Exchange Plan Advances with Proposal for Domestic Commodities Trading Platform

Saudi exchange plan continues to advance as Saudi Arabia strengthens efforts to modernize its capital markets. Broader reforms aim to expand financial instruments and...
Investment

Iraq Food Sector Expands with $2bn Karbala Investment Drive

Iraq has launched five large-scale food industry projects in Karbala with investments totaling $2 billion. These initiatives, led by Etihad Food Industries, aim to...
Bahrain

Bahrain Financial Regulations Strengthen Sector Transparency

Bahrain continues to reform its economy by introducing stronger financial rules for banks and institutions. These Bahrain financial regulations improve transparency, reduce risks, and...
Investment

Qatar Advances Arabic Innovation at BilAraby Language Summit

Qatar is hosting the BilAraby language summit, a dynamic event that unites Arab voices to promote Arabic in modern contexts. The summit creates space...
Investment

Qatar Tech Innovation Forum 2025 Makes Doha a Global Hub for Digital Transformation

Qatar will host MWC Doha in November, a major event positioning Doha as a global center for digital innovation. Consequently, leaders, innovators, and policymakers will explore...
Kuwait

Kuwait Stock Exchange Plans Government Bonds and Sukuk Listings by 2025

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Kuwait stock exchange aims to launch government bonds and sukuk listings by 2025, signaling a major step toward market modernization. Boursa Kuwait CEO Mohammed Al-Osaimi outlined this vision during the latest phase of the Capital Market Development Program. Al-Osaimi confirmed...

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