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Adnoc L&S shares surge on stock market debut
Adnoc L&S’ USD 729 mn IPO was 163x oversubscribed when it closed last month
Saudi net foreign assets slump to 13-year low
This comes despite a bumper dividend payout from Aramco
E-finance builds bridges with the KSA
Wealth fund PIF is helping e-finance enter the KSA
Oman infrastructure fund raises USD 1 bn
The Saudi Public Investment Fund has committed USD 300 mn to the fund
China to host GCC-Iran summit later this year
Beijing wants to solidify its status as a major power broker in the Middle East with a regional summit: Fresh…
Sheikh Tahnoon adds the ADIA to his business empire
The UAE’s Sheikh Tahnoon just got more powerful:UAE’s national security advisor Sheikh Tahnoon bin Zayed Al Nahyan has been appointed…
Saudi + Iran agree to restore diplomatic relations
Riyadh + Tehran to normalize ties in landmark China-brokered pact: Bitter regional foes Saudi Arabia and Iran have agreed to…
Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms
Agthia acquired a majority stake in Auf Group last year
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