‎ ‎

About the author

South Africa’s Absa Opens First Gulf Office in Dubai’s DIFC to Link Gulf Investors With African Markets

Absa Group has opened its first Gulf office at Dubai International Financial Centre, operating under a Category 4 license from the Dubai Financial Services Authority that lets it arrange and advise on deals and credit.

Dubai Launches Future Regulations Team Drawing on 25 Government Entities to Update Laws for Emerging Sectors

Dubai has set up a Future Regulations Team bringing together representatives of 25 government entities to identify legislative barriers and draft regulatory proposals for emerging sectors.

SPIMACO Swings to SR33.3 Million Third-Quarter Loss as Revenue Falls 6.6% and Operating Profit Drops 58%

Saudi Pharmaceutical Industries and Medical Appliances Corp. (SPIMACO) posted a net loss of SR33.3 million for the third quarter of 2026, against a profit of SR42.14 million a year earlier, as revenue fell 6.6%.

Qiddiya Investment Company Appoints Golf Saudi to Run Its Faldo-Designed Golf Course Under Five-Year Deal

Qiddiya Investment Company, owned by Saudi Arabia's Public Investment Fund, has appointed Golf Saudi to operate its 18-hole National Golf Club under a five-year management agreement. The course opens on October 30.

Kuwait’s HEISCO Wins KD1.92 Million Order to Replace FCC Regenerator at KNPC’s Mina Al-Ahmadi Refinery

Heavy Engineering Industries and Shipbuilding Company (HEISCO) has received a KD1.92 million ($6.2 million) purchase order to help replace a regenerator in a fluid catalytic cracking unit at KNPC's Mina Al-Ahmadi refinery.

Dubai’s RTA and Dubai Holding Start Building Two Palm Jumeirah Pedestrian Bridges, Due by October 2027

Dubai's Roads and Transport Authority and Dubai Holding Community Management have started building two pedestrian bridges on Palm Jumeirah, with the first due in June 2027 and the second in October 2027.

Tanker Hit by Projectile Leaving Strait of Hormuz Hours After Vessel Fire Off Oman’s Khasab, UKMTO Says

A tanker was struck by an unidentified projectile while leaving the Strait of Hormuz on Thursday, the UK Maritime Trade Operations center said, hours after it reported a vessel on fire off Oman's Khasab.

Saudi Arabia Gives Employers With Fewer Than 250 Workers Until February 1, 2027 to Provide Licensed Group Housing

Saudi establishments with fewer than 250 targeted workers must provide licensed group housing when the final phase of the requirement takes effect on February 1, 2027, the national group housing program said.

Houthis Say They Attacked Ras Tanura, Rabigh Refineries and Aramco’s Abqaiq Site; No Saudi Confirmation

Yemen's Houthis said on Thursday they attacked Saudi Arabia's Ras Tanura and Rabigh refineries, an Aramco facility in Abqaiq and two international airports. Saudi authorities did not immediately confirm the claims.

Bahrain Bank Lending Rises 7.8% to BD13.6 Billion and Private Deposits Grow 8%, Central Bank Board Is Told

Outstanding loans to Bahrain's resident sectors rose 7.8% to BD13.6 billion at the end of August, and retail bank private sector deposits rose 8% to about BD14.6 billion, the Central Bank of Bahrain's board was told.

Exxon and Chevron Cancel Executive Trips to Abu Dhabi’s ADIPEC Over Security Concerns, Sources Tell Reuters

ExxonMobil and Chevron have canceled plans for their executives to travel to ADIPEC in Abu Dhabi next week, citing security concerns, two sources told Reuters. Both companies declined to comment.

Dubai Financial Market Nine-Month Trading Value Rises 22% to AED162 Billion as New Investors Top 55,000

Total traded value on the Dubai Financial Market rose 22% to AED162 billion in the first nine months of 2026, while the exchange's profit before tax fell to AED586.4 million against a 2025 base lifted by a one-off property sale.
1...789...145Page 8 of 145

Categories

BahrainBahrainBahrainBahrainBahrainFinancialInvestmentIraqIraqIraq
spot_img

Khaleej Business Insight

Khaleej Business Insight delivers curated global business news, exclusive insights, and expert analysis. As a trusted source, we provide depth and clarity in business, finance, the economy, and innovation. Stay informed in a fast-moving world.

Follow us

About us

Copyright Khaleej Business Sight 2025.