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Home page>BUSINESS>VIDEO: The rising profil...

Videos

BUSINESS
May 20, 2022
VIDEO: The rising profile of India's Adani Group in the Middle East

The market capitalization of the Adani Group is estimated to be $215 billion

REAL ESTATE

AUM Development launches 93-unit residential development in Dubai

AUM Development launches 93-unit residential development in Dubai
AUM Development launches 93-unit residential development in Dubai
INFRASTRUCTURE

Saudi: 89 global firms in race for Qassim airport project contract

Saudi: 89 global firms in race for Qassim airport project contract
Saudi: 89 global firms in race for Qassim airport project contract
REAL ESTATE

Real estate transactions plunge sharply in Kuwait

Real estate transactions plunge sharply in Kuwait
Real estate transactions plunge sharply in Kuwait
ENERGY

Helium prices soar as Qatar LNG halt exposes fragile supply chain

Helium prices soar as Qatar LNG halt exposes fragile supply chain
Helium prices soar as Qatar LNG halt exposes fragile supply chain
OIL

Iraq to keep crude output at 1.4mln bpd amid war disruption, oil minister says

Iraq to keep crude output at 1.4mln bpd amid war disruption, oil minister says
Iraq to keep crude output at 1.4mln bpd amid war disruption, oil minister says
FOREX

Dollar nears 2026 highs as oil price jump pressures euro

Dollar nears 2026 highs as oil price jump pressures euro
Dollar nears 2026 highs as oil price jump pressures euro
LOGISTICS

Saudi: Parcel deliveries exceed 15 mln during first 20 days of Ramadan

Saudi: Parcel deliveries exceed 15 mln during first 20 days of Ramadan
Saudi: Parcel deliveries exceed 15 mln during first 20 days of Ramadan

AVIATION

AVIATION

Lufthansa extends Dubai flight suspension until March 28

Lufthansa extends Dubai flight suspension until March 28
Lufthansa extends Dubai flight suspension until March 28
AVIATION

Pakistan's PIA raises fuel surcharge as Gulf crisis drives up costs

Pakistan's PIA raises fuel surcharge as Gulf crisis drives up costs
Pakistan's PIA raises fuel surcharge as Gulf crisis drives up costs
AVIATION

Saudia extends flight suspensions to several cities

Saudia extends flight suspensions to several cities
Saudia extends flight suspensions to several cities
AVIATION

Qatar Airways updates limited flight schedule to and from Doha

Qatar Airways updates limited flight schedule to and from Doha
Qatar Airways updates limited flight schedule to and from Doha

BANKING & INSURANCE

FINANCIAL SERVICES

DIFC Innovation Hub, Capital.com launch CapitalHer

DIFC Innovation Hub, Capital.com launch CapitalHer
DIFC Innovation Hub, Capital.com launch CapitalHer
FINANCIAL SERVICES

HSBC, StanChart most exposed to Mideast conflict among European banks, J.P. Morgan warns

HSBC, StanChart most exposed to Mideast conflict among European banks, J.P. Morgan warns
HSBC, StanChart most exposed to Mideast conflict among European banks, J.P. Morgan warns
FINANCIAL SERVICES

StanChart says maintaining normal service under work-from-home arrangements

StanChart says maintaining normal service under work-from-home arrangements
StanChart says maintaining normal service under work-from-home arrangements

COMMODITIES

OIL

Oil unlikely to hit $200 a barrel, US energy chief says

Oil unlikely to hit $200 a barrel, US energy chief says
Oil unlikely to hit $200 a barrel, US energy chief says
METALS

Aluminium nears four-year high on Middle East supply fears

Aluminium nears four-year high on Middle East supply fears
Aluminium nears four-year high on Middle East supply fears
GOLD

Gold treads water as margin calls, strong dollar offset safety demand

Gold treads water as margin calls, strong dollar offset safety demand
Gold treads water as margin calls, strong dollar offset safety demand
OIL

Kuwait oil plunge $9.81 Tues. to $113.13 pb - KPC

Kuwait oil plunge $9.81 Tues. to $113.13 pb - KPC
Kuwait oil plunge $9.81 Tues. to $113.13 pb - KPC

CURRENCIES

FOREX

US dollar hovers near 2026 highs as oil's rise spurs hawkish central bank bets

US dollar hovers near 2026 highs as oil's rise spurs hawkish central bank bets
US dollar hovers near 2026 highs as oil's rise spurs hawkish central bank bets
FOREX

Dollar steadies as Middle East uncertainty has traders on edge

Dollar steadies as Middle East uncertainty has traders on edge
Dollar steadies as Middle East uncertainty has traders on edge
FOREX

Currency market on tenterhooks as Iran war weighs on sentiment

Currency market on tenterhooks as Iran war weighs on sentiment
Currency market on tenterhooks as Iran war weighs on sentiment
FOREX

Dollar rally stalls on hopes of an easing in Iran war, but wariness reigns

Dollar rally stalls on hopes of an easing in Iran war, but wariness reigns
Dollar rally stalls on hopes of an easing in Iran war, but wariness reigns

DIGITAL ASSETS

CRYPTOCURRENCY

Crypto entrepreneur Justin Sun settles SEC fraud case for $10mln

Crypto entrepreneur Justin Sun settles SEC fraud case for $10mln
Crypto entrepreneur Justin Sun settles SEC fraud case for $10mln
CRYPTOCURRENCY

Turkish ruling party proposes 10% crypto income tax, levy on service providers

CRYPTOCURRENCY

South Africa pioneers cross-border trade reform with crypto and payments regulation

CRYPTOCURRENCY

Binance cannot arbitrate customer claims over crypto losses, US judge rules

CRYPTOCURRENCY

2026 ushers in crypto tipping point for African merchants

2026 ushers in crypto tipping point for African merchants
2026 ushers in crypto tipping point for African merchants
CRYPTOCURRENCY

Revolut to test stablecoin in UK trial

Revolut to test stablecoin in UK trial
Revolut to test stablecoin in UK trial

ENERGY

ENERGY

Induction stoves fly off shelves in India as gas shortage fears spark panic buying

ENERGY

India's non-Hormuz crude sourcing has increased to 70% of imports, oil minister says

ENERGY

South Africa's energy is wheeling towards a brighter future

South Africa's energy is wheeling towards a brighter future
South Africa's energy is wheeling towards a brighter future

FINTECH

FINTECH

Cape Town fintech NjiaPay secures $2.1mln in seed funding

Cape Town fintech NjiaPay secures $2.1mln in seed funding
Cape Town fintech NjiaPay secures $2.1mln in seed funding
FINTECH

Egypt: Basata expands cash-in, cash-out services to all mobile wallets across 120,000 POS

Egypt: Basata expands cash-in, cash-out services to all mobile wallets across 120,000 POS
Egypt: Basata expands cash-in, cash-out services to all mobile wallets across 120,000 POS
FINTECH

Visa survey reveals South Africa's rapidly evolving payment landscape

Visa survey reveals South Africa's rapidly evolving payment landscape
Visa survey reveals South Africa's rapidly evolving payment landscape
FINTECH

Capital.com trading volume reaches $3.42trln in 2025

Capital.com trading volume reaches $3.42trln in 2025
Capital.com trading volume reaches $3.42trln in 2025

HEALTHCARE

CONSTRUCTION

Why South Africa's construction delays could signal systemic failures ?

Why South Africa's construction delays could signal systemic failures ?
Why South Africa's construction delays could signal systemic failures ?
ZAMBIA

Why Zambia’s economic freedom depends on health and digital connectivity ?

Why Zambia’s economic freedom depends on health and digital connectivity ?
Why Zambia’s economic freedom depends on health and digital connectivity ?
TAXATION

Nigeria: Tax reform as a catalyst for economic development

Nigeria: Tax reform as a catalyst for economic development
Nigeria: Tax reform as a catalyst for economic development
TECHNOLOGY

Starlink in Nigeria: New price plans for 2026

OMAN

Oman and India strengthen economic ties at CEPA seminar

PHARMACEUTICAL

Saudi pharmacy chain Al-Dawaa closing down international subsidiaries

INVESTMENT

INVESTMENT

DHL Express keeps investment plans in Middle East despite war

DHL Express keeps investment plans in Middle East despite war
DHL Express keeps investment plans in Middle East despite war
SWF

UAE says no change to investment plans as Gulf states review SWF strategies

INVESTMENT

Egypt’s planning, housing ministers review investment plan through 2030

INVESTMENTREAL ESTATE

Egypt: TMG unit, CI Capital launch Awamed Real Estate Investment Fund

INVESTMENT

PARAGON | ADEER launches $1.4bln Sumou Boulevard in New Cairo

PARAGON | ADEER launches $1.4bln Sumou Boulevard in New Cairo
PARAGON | ADEER launches $1.4bln Sumou Boulevard in New Cairo
INVESTMENT

Oman's Al Mazunah Free Zone secures 15 project investments in 2025

Oman's Al Mazunah Free Zone secures 15 project investments in 2025
Oman's Al Mazunah Free Zone secures 15 project investments in 2025

M&A

ACQUISITION

Germany’s Knauf gets greenlight to acquire majority stake in Saudi’s United Mining

Germany’s Knauf gets greenlight to acquire majority stake in Saudi’s United Mining
Germany’s Knauf gets greenlight to acquire majority stake in Saudi’s United Mining
ACQUISITION

Qatari-backed Irth Capital offers $47 a share to buy Papa John's, sources say

Qatari-backed Irth Capital offers $47 a share to buy Papa John's, sources say
Qatari-backed Irth Capital offers $47 a share to buy Papa John's, sources say
ACQUISITION

Converted acquires Mitcha to strengthen AI-powered advertising ecosystem in Egypt, region

Converted acquires Mitcha to strengthen AI-powered advertising ecosystem in Egypt, region
Converted acquires Mitcha to strengthen AI-powered advertising ecosystem in Egypt, region

REAL ESTATE

REAL ESTATE

Arada awards $555mln contracts to build 14 apartment blocks in Aljada

Arada awards $555mln contracts to build 14 apartment blocks in Aljada
Arada awards $555mln contracts to build 14 apartment blocks in Aljada
REAL ESTATE

UAE developers likely to scale back projects, but face no imminent financial risks – Fitch

REAL ESTATE

New law to regulate management, occupancy of shared housing in Dubai

REAL ESTATE

Abu Dhabi residential property sales hits record $20bln in 2025

REAL ESTATE

Mohammed bin Rashid issues Law on quality, safety of buildings in Dubai

Mohammed bin Rashid issues Law on quality, safety of buildings in Dubai
Mohammed bin Rashid issues Law on quality, safety of buildings in Dubai
REAL ESTATE

Abanos appointed for Palace Residences Creek Blue fit-out works in Dubai

Abanos appointed for Palace Residences Creek Blue fit-out works in Dubai
Abanos appointed for Palace Residences Creek Blue fit-out works in Dubai

RETAIL & CONSUMER

RETAIL

Spar Group uses data and tech to re-engineer retail logistics in South Africa

Spar Group uses data and tech to re-engineer retail logistics in South Africa
Spar Group uses data and tech to re-engineer retail logistics in South Africa
RETAIL

SA's FMCG brands adapt to health and convenience strategies

RETAIL

Europe's struggling retail sector looks ill-prepared for new energy price shock

RETAIL

South Africa's retail growth stagnates even as economic indicators improve

South Africa's retail growth stagnates even as economic indicators improve
South Africa's retail growth stagnates even as economic indicators improve

SOVEREIGN WEALTH FUNDS

SWF

Abu Dhabi wealth fund ADIA backs France’s Ardian in real estate secondaries push

Abu Dhabi wealth fund ADIA backs France’s Ardian in real estate secondaries push
Abu Dhabi wealth fund ADIA backs France’s Ardian in real estate secondaries push
REAL ESTATE

Roshn inks deal with Miskan to develop prime land in Riyadh

Roshn inks deal with Miskan to develop prime land in Riyadh
Roshn inks deal with Miskan to develop prime land in Riyadh
SWF

Gulf sovereign wealth funds were built for a rainy day. This may be it.

Gulf sovereign wealth funds were built for a rainy day. This may be it.
Gulf sovereign wealth funds were built for a rainy day. This may be it.
IPO

Middle East wealth funds ADIA, QIA to anchor SoftBank’s PayPay IPO

Middle East wealth funds ADIA, QIA to anchor SoftBank’s PayPay IPO
Middle East wealth funds ADIA, QIA to anchor SoftBank’s PayPay IPO

TECHNOLOGY & TELECOM

TECHNOLOGY

Digital Knowledge Hub expands presence with over 35mln materials, 2.3mln titles

Digital Knowledge Hub expands presence with over 35mln materials, 2.3mln titles
Digital Knowledge Hub expands presence with over 35mln materials, 2.3mln titles
TECHNOLOGY

Digital governance drives MoHRE’s customer interactions to 60mln in 2025

Digital governance drives MoHRE’s customer interactions to 60mln in 2025
Digital governance drives MoHRE’s customer interactions to 60mln in 2025
TECHNOLOGY

Oman: MTCIT unveils new drive to expand digital economy

Oman: MTCIT unveils new drive to expand digital economy
Oman: MTCIT unveils new drive to expand digital economy
TECHNOLOGY

EDGE announces launch of first-of-class corvette for Angolan Navy

EDGE announces launch of first-of-class corvette for Angolan Navy
EDGE announces launch of first-of-class corvette for Angolan Navy

TRANSPORT & LOGISTICS

LOGISTICS

Saudi Arabia opens corridors for receiving containers and goods from other Gulf countries

Saudi Arabia opens corridors for receiving containers and goods from other Gulf countries
Saudi Arabia opens corridors for receiving containers and goods from other Gulf countries
LOGISTICS

Projectile fragments hit Hapag-Lloyd container vessel near Strait of Hormuz

Projectile fragments hit Hapag-Lloyd container vessel near Strait of Hormuz
Projectile fragments hit Hapag-Lloyd container vessel near Strait of Hormuz
LOGISTICS

DP World: Jebel Ali port fully operational, inbound vessel traffic reduced

DP World: Jebel Ali port fully operational, inbound vessel traffic reduced
DP World: Jebel Ali port fully operational, inbound vessel traffic reduced

TRAVEL & TOURISM

HOSPITALITY

Wynn Al Marjan Island work resumes after a short pause, says company

Wynn Al Marjan Island work resumes after a short pause, says company
Wynn Al Marjan Island work resumes after a short pause, says company
TRAVEL AND TOURISM

War is costing region's travel & tourism sector $600mln a day

War is costing region's travel & tourism sector $600mln a day
War is costing region's travel & tourism sector $600mln a day
TOURISM

Oman: Strategic projects worth over $80.5mln to boost tourism in Jabal Shams

Oman: Strategic projects worth over $80.5mln to boost tourism in Jabal Shams
Oman: Strategic projects worth over $80.5mln to boost tourism in Jabal Shams
AIRLINES

Qatar Airways announces limited flight schedule amid ongoing disruptions

Qatar Airways announces limited flight schedule amid ongoing disruptions
Qatar Airways announces limited flight schedule amid ongoing disruptions

MORE ON BUSINESS

INFRASTRUCTURE

Saudi Arabia announces its road network fully prepared to serve GCC citizens

Saudi Arabia announces its road network fully prepared to serve GCC citizens
Saudi Arabia announces its road network fully prepared to serve GCC citizens
POWER

UAE: SEWA maintains 200 power transmission stations

UAE: SEWA maintains 200 power transmission stations
UAE: SEWA maintains 200 power transmission stations
FINANCIAL SERVICES

Citi shuts most UAE branches temporarily as banks evacuate offices in region

Citi shuts most UAE branches temporarily as banks evacuate offices in region
Citi shuts most UAE branches temporarily as banks evacuate offices in region
AIRLINES

Gulf Air begins operating limited flights

Gulf Air begins operating limited flights
Gulf Air begins operating limited flights
AIRLINES

Kuwait: 145 passengers depart on first Jazeera Airways Qaisumah–Cairo flight

Kuwait: 145 passengers depart on first Jazeera Airways Qaisumah–Cairo flight
Kuwait: 145 passengers depart on first Jazeera Airways Qaisumah–Cairo flight
HEALTHCARE

Egypt prepares to extend Universal Health Insurance to Minya in second phase

Egypt prepares to extend Universal Health Insurance to Minya in second phase
Egypt prepares to extend Universal Health Insurance to Minya in second phase
FUNDS

Nigeria: Plateau govt signs $2.8mln MSME matching fund deal with BoI

Nigeria: Plateau govt signs $2.8mln MSME matching fund deal with BoI
Nigeria: Plateau govt signs $2.8mln MSME matching fund deal with BoI
FINANCIAL SERVICES

Morgan Stanley restricts redemptions at private credit fund after withdrawals surge

Morgan Stanley restricts redemptions at private credit fund after withdrawals surge
Morgan Stanley restricts redemptions at private credit fund after withdrawals surge
COMMODITIES

Oil climbs as tankers are attacked in Iraqi waters amid Middle East war

Oil climbs as tankers are attacked in Iraqi waters amid Middle East war
Oil climbs as tankers are attacked in Iraqi waters amid Middle East war
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