Emirati economist Ali Alhosani will take over the Arab Group and Maldives seat after serving as alternate executive director since 2021.

The operator is also moving forward the autonomous vehicles it piloted years ago, in a market where GACA has so far cleared only medical ...

The PIF-backed AI infrastructure developer has issued a request for proposals for an EPC contract to build a 100 MW facility in the capital’s Al-Saad district, with bids due 8 November, Meed reports.

A USD 45 mn Aqaba substation is first in line, as contractors look abroad from Saudi Arabia to Syria with work at home slowing ...

Russia’s Rosatom and homegrown tech outfit Telecom and Technology Co. (Teletech) have agreed to localize battery-storage assembly in Egypt, with planned facilities carrying potential production ...

Pickalbatros has closed USD 250 mn in sustainability-linked financing from the International Finance Corporation (IFC) and Attijariwafa Bank to fund its Morocco expansion, adviser Zilla Capital said ...

Regulators want to keep Egyptian money from setting up funds abroad, and the EGX is pushing to widen the tax breaks those funds can tap ...

Saudi Arabia bears the brunt of foreign selling, while Oman and the UAE lead a widening regional split and higher bond yields create selective ...

Chinese lenders are back in size across the Gulf, on the heels of QatarEnergy’s USD 3 bn facility from four Chinese banks. They offer large commitments, competitive borrowing costs, and longer ...

Esol’s Bahrain operation kept its teachers through a two-month shutdown, even as enrollment slipped off target ...

The Houthis have told shipping companies, workers, and civilians to clear Saudi airports and oil facilities, saying they will keep striking both in the coming days. The group clai ...

DP World tapped Jason Varsamidis (LinkedIn) as CEO and managing director for the Asia Pacific region, the logistics giant said in a press release. Varsamidis previously served as CFO for the region at ...