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Aramco, Saudia’s real estate arm sign MoU to develop fuel service stations

Aramco, Saudia’s real estate arm sign MoU to develop fuel service stations

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UAE In-Focus — DFM to include Tecom in its general index; Khalifa Fund offers $30m to support Kenyan SMEs

UAE In-Focus — DFM to include Tecom in its general index; Khalifa Fund offers $30m to support Kenyan SMEs

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China In-Focus — Crude imports near 4-year low; Copper imports rise; Snickers maker apologizes for Taiwan advert 

China In-Focus — Crude imports near 4-year low; Copper imports rise; Snickers maker apologizes for Taiwan advert 

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Oil Updates — Crude at multi-month low; US oil rig count falls; US to talk with Indonesia on Russia oil price cap

Oil Updates — Crude at multi-month low; US oil rig count falls; US to talk with Indonesia on Russia oil price cap

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MENA Project Tracker — NEOM receives bids for water transmission project; EDO assigned BB- rating

MENA Project Tracker — NEOM receives bids for water transmission project; EDO assigned BB- rating

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Oil prices rebound after dropping to lowest in months on weak US demand

Oil prices rebound after dropping to lowest in months on weak US demand

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Oil falls 4%, pressured by surprise US crude, gasoline build

Oil falls 4%, pressured by surprise US crude, gasoline build

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Americana Restaurants brings US-based Peet’s Coffee to GCC through franchise deal

Americana Restaurants brings US-based Peet’s Coffee to GCC through franchise deal

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King Abdullah Port records 7% growth in shipping operations in H1 

King Abdullah Port records 7% growth in shipping operations in H1 

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India In-Focus — Tullow Oil in talks with Indian groups; Yes Bank to raise $1.1bn; Ola and Uber deny report of merger talks

India In-Focus — Tullow Oil in talks with Indian groups; Yes Bank to raise $1.1bn; Ola and Uber deny report of merger talks

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UAE In-Focus— Adnoc L&S acquires Abu Dhabi-based firm; Dewa announces results of tenders for research labs

UAE In-Focus— Adnoc L&S acquires Abu Dhabi-based firm; Dewa announces results of tenders for research labs

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Saudi low cost carrier flyadeal inks integration deal with Seera Group

Saudi low cost carrier flyadeal inks integration deal with Seera Group

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Saudi Arabia to grant industrial licenses to water production plants 

Saudi Arabia to grant industrial licenses to water production plants 

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UAE’s Enhance Ventures launches $30m Builders Fund targeting Middle East startups 

UAE’s Enhance Ventures launches $30m Builders Fund targeting Middle East startups 

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UAE foodtech ChatFood raises $3m in bridge round for Saudi expansion 

UAE foodtech ChatFood raises $3m in bridge round for Saudi expansion 

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Britain’s National Grid warns of tight electricity supply this winter

Britain’s National Grid warns of tight electricity supply this winter

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Abu Dhabi Securities Exchange tops region for market value increase

Abu Dhabi Securities Exchange tops region for market value increase

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Gulf central banks lift rates as Fed makes second 75-bps hike

Gulf central banks lift rates as Fed makes second 75-bps hike

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IPOs in GCC gather momentum amid global volatility

IPOs in GCC gather momentum amid global volatility

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Saudi retailer BinDawood to acquire 80.5% stake in French TFI’s subsidiary

Saudi retailer BinDawood to acquire 80.5% stake in French TFI’s subsidiary

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