Saudi Arabia has imposed stricter regulations on traders of precious metals and gemstones as part of its anti-money laundering efforts. The government has instructed investors […]
Tag: MIDDLE EAST BUSINESS
Key AI trends to reshape SME marketing in MENA
The AI market in the Middle East and North Africa (MENA) is growing rapidly. According to experts, AI integration across various sectors could contribute $30bn […]
ATSS and Intelsat to boost satellite communications in KSA and MENA
Through this partnership, ATSS will utilise Intelsat’s broad C-band and Ku-band satellite coverage. ATSS has announced a new Service Agreement with Intelsat, reinforcing its commitment […]
Middle East Biggest Aluminium Maker Targets More Acquisitions
Anthony Di Paola The biggest aluminium producer in the Middle East wants more acquisitions to boost growth after making its first two deals this year, […]
Oil Extends Drop as Middle East Push, China Demand Worries Weigh
Oil extended the biggest drop in two weeks as the US said Israel accepted a cease-fire proposal in Gaza, potentially easing supply risks amid mounting […]
Major Gulf markets gain as geopolitical concerns ease
April 23 Major stock markets in the Gulf rose in early trade on Tuesday, on course to recover some losses as fears of wider geopolitical […]
Oil prices lower after Iran attack on Israel
Oil prices fell on Monday after after Iran’s reprisal attack on Israel over the weekend. Brent crude – a key benchmark for oil prices internationally […]
In Iraq, water crisis leaves farmers clinging to sidr trees
Iraqi farmer Ismail Ibrahim plucks fruits from his planted “sidr”, or jujube, trees which require far less water during an irrigation crisis, in Basra, Iraq […]
Bahrain’s Mumtalakat extends McLaren group stake
Bahrain’s state investment fund Mumtalakat said on Thursday it has bought the senior preference shareholder stakes in McLaren Group, as part of a proposed broader […]
Morocco’s OCP plans $7 billion green ammonia plant to avert supply problems
RABAT – Morocco’s OCP plans to invest $7 billion in an ammonia plant using green hydrogen, produced from renewable fuel, it told Reuters, as one of […]