Saudi raises private sector minimum wage for local employees: Saudi-based private employers will need to pay their Saudi workers a minimum of SAR 5k per month starting 25 April 2027, and SAR 6k a year ...

The Abu Dhabi Investment Authority (Adia) is acquiring a stake in a USD 1.4 bn aircraft portfolio leased to international airlines. Adia, Irish lessor Avolon, and US infrastructure investor I Squared ...

Barclays Capital Saudi has completed the Capital Market Authority’s requirements to commence arranging and advising activities in the securities business, following its licensing in October 2025, the ...

The treasury will take up to half of the EGP 36.37 bn raised in Banque du Caire's IPO to ease public debt pressures, as the bank closed up 0.19% on debut.

Dubai’s dnata and DP World are expanding their overseas supply chain footprint through an air cargo terminal at Australia’s new Western Sydney International Airport and a temperature-controlled food ...

Good morning, everyone. We have a slew of energy news for you today. On the first day of the energy conference, UAE ministers stressed the importance of building more resilience when it comes to ...

The central bank’s rules mean a human still owns every decision, which sets the limit on how far automation can go ...

The first residential plots of PIF’s newly launched Downtown Al Khobar will be built with private money. Saudi Downtown Company, the PIF unit behind Downtown Al Khobar, signed three agreements handing ...

The DFM rose 0.6% yesterday on turnover of AED 507.9 mn. The index is down 5% YTD. In the green: Emirates Reem Investments Company (+7.8%), Talabat Holding (+4.1%), and Emaar Development (+3.6%). In ...

Good morning, wonderful people. The Saudi household is doing a lot of work in today’s issue — setting the floor for payrolls, funding a waterfront development, and testing a consumer lender’s ...

In today’s issue: We look into how development loans and Chinese partners power Egypt’s 13.85 GWh battery storage push.

Abu Dhabi Investment Council (Adic) is backing a new Apollo-led European lending platform with more than EUR 10 bn in financing capacity, adding to the emirate's growing exposure to European private ...