Kuwait Oil Company (KOC), is a government-owned subsidiary of Kuwait Petroleum Corporation. It plays a central role in Kuwait’s economy by producing around 1.7 million barrels of oil daily and ...

Established by royal decree in 2020 Oman Investment Authority (OIA) is Oman’s state-owned sovereign wealth fund. Designed to manage Oman’s funds and assets, it has a strategic focus on optimising ...

Acwa Power is set to develop a 230-megawatt power plant in Mauritania, with a project cost of $700 million. The company holds 60 percent of the project company. Shares rose 2.8 percent, closing at ...

Etihad Airways has increased its flight schedule by 8 percent, contrasting with regional peers who reduced capacity during the Iran conflict. 1 The company recorded carbon emissions of 58.78 grams of ...

The Abu Dhabi United Group for Development and Investment is a private equity firm headquartered in the UAE. It is owned by the UAE’s Sheikh Mansour bin Zayed Al Nahyan. Abu Dhabi United Group was ...

Gulf Investment Corporation (GIC) is an investment company equally owned by the governments of the six member countries of the Gulf Cooperation Council (GCC), Bahrain, Kuwait, Oman, Qatar, Saudi ...

Airlines are suspending flights to Saudi Arabia and aviation safety groups have warned against travel after Houthi missile ...

Egypt narrowed its budget deficit as higher tax revenue strengthened government finances, although debt-interest payments ...

Dubai education provider Taaleem said the US-Iran war affected its nursery portfolio more than its schools in fiscal year ...

A maritime security company has urged shipowners to suspend transits through the Strait of Hormuz as Iranian attacks ...

Western countries, including the UK, France and Germany, have warned their citizens not to travel to Riyadh and other parts ...

Adnoc Drilling expands across the Gulf beyond rigs, scaling oilfield technologies and integrated services via acquisitions ...