A new management team was brought into the fund in 2017 to transform the state-owned institution
Kuwait’s $124bn pension fund racked up a record profit in the first half, continuing a turnaround for an institution previously marred by a corruption...
The 23-nation oil-producers network, led by Riyadh and Moscow, is currently scheduled to restore almost two million of the 7.7 million barrels of daily output currently halted to stave off a glut
OPEC+ talks on delaying a January oil-output increase...
Oil has been whipsawed this year as millions went into lockdown and factories shuttered
Singapore: Oil pared gains and gold fell as early US election results shook traders' faith in a decisive outcome.
Oil in New York rose 1.2%, paring an...
The kingdom's Purchasing Managers' Index climbed to 51 in October, boosted by a rise in output
Saudi Arabia's non-oil private sector economy expanded for a second straight month in October, its highest reading in eight months, boosted by a rise...
The world's largest oil exporter says it will pay $18.75bn in third quarter dividends, similar to the amount paid in the second quarter
Saudi Aramco, the world's largest oil exporter, said third quarter profit fell 44.6 per cent annually, due...
CAIRO: Egypt and Iraq have reached a preliminary consensus to establish an oil-for-reconstruction mechanism.
The two countries have signed 15 agreements, programs, and protocols in the fields of transport, water resources, health, the environment, justice, investment, housing, construction, industry, trade,...
The UAE must learn from the UK and take inspiration from the strategies that worked while avoiding those that did not
At the beginning of 2020, few, if any of us, had any idea of the global upheaval that would...
Dubai has launched a new residency initiative which will allow overseas remote working professionals to relocate and live in the Emirate along with their families, whilst continuing to work remotely for their overseas employer. The relocation programme will be...
RAKEZ WELCOMES 100% FOREIGN OWNERSHIP IN MAINLAND WITH FDI COMPANY SET-UP
100% foreign ownership in Ras Al Khaimah’s mainland with FDI : Ras Al Khaimah Economic Zone (RAKEZ) announced its latest addition to company set-up offerings, Foreign Direct Investment (FDI)....
Experts say British companies could flock to Dubai's new virtual company licence as the UK prepares for a possible Brexit no-deal
British companies are set to flock to Dubai’s new Virtual Company Licence (VCL) as the UK prepares for a...
