Middle East

India Secures 10-Year Chabahar Port Deal With Iran, Bypassing Rival Pakistan's Gwadar

India secured a 10-year Chabahar Port deal with Iran, bypassing Pakistan's Gwadar. The investment totals $370 million. The move strengthens regional ties and enhances trade routes amid escalating tensions.


Chinese Companies Dominate Licensing Bids to Explore Iraq Oil and Gas Fields as US Snubs Energy Bidding Round

Chinese companies won five more bids to explore and develop oil and gas fields in Iraq...

Despite Biden Administration Pause, Billions of Dollars Worth of US Weaponry Still Due to Go to Israel

Despite the Biden administration's pause on one bomb shipment and review of others due to concerns over potential civilian casualties, Israel is still set to receive US weaponry worth billions of doll..

Maersk Shipping Disruption Amid Houthi Attacks in Red Sea Could Force More Delays

Red Sea container shipping is experiencing increased disruption, according to Maersk, which predicts that capacity between Asia and Europe would be reduced by up to 20% in the second quarter...


Latest News

Swatch takes majority stake in Dubai retailer Rivoli
Swatch Group has raised its stake in Rivoli Investments LLC to take control of the Dubai-based retail group, a move that will give it better control of its retail network in the fast-growing Middle Ea
HarbourVest, Dubai firm tie-up for secondary private equity deals
HarbourVest Partners and Dubai-based private equity firm Lagoon Capital have teamed up to scout for secondary market private equity deals in the Middle East and North Africa.
Apple takes over Israeli PrimeSense for USD350 million
An Apple Inc. spokeswoman has confirmed that the Cupertino-based tech giant will acquire Israel's PrimeSense Ltd. for USD350 million. The PrimeSense deal is the latest in Apple's acquisition of less w
Israeli computer scientists uncover Dread Pirate Roberts-Satoshi Nakamoto connection
A report from Israeli scientists explored the connection between the arrested operator of Silk Road Ross William Ulbricht and the secretive inventor of the digital currency bitcoin Satoshi Nakamoto.
Abu Dhabi investment firm TNI names new CEO to replace Osmansoy
Abu Dhabi-based investment firm, The National Investor (TNI), has appointed a new chief executive officer to replace Orhan Osmansoy, who resigned after nine years at the helm, the company said in a st
Abraaj Group's senior partner Stefanel leaves firm - sources
Matteo Stefanel, a senior partner at emerging markets-focused private equity firm Abraaj Group, has left the company, two banking and industry sources aware of the matter said.
Abu Dhabi's Finance House says acquires CAPM Investment
Abu Dhabi-listed Finance House said on Sunday it had acquired CAPM Investment, a firm providing investment banking, asset management and financial advisory services in the emirate.
Arqaam values pay TV firm OSN at $4.3 bln ahead of planned IPO
Dubai-based pay-TV network OSN, which is planning an initial public offering, is worth about $4.3 billion post its recent acquisition of Pehla Media & Entertainment, brokerage Arqaam Capital said in a
Team Singular backs Israeli startups with combined USD34.5 million
The fund formerly known as Genesis Angels supported startups like Sirim, StoreDot Ltd and other chosen, early-stage startups in Israel via a combined investment of USD34.5 million.
Big tech acquisitions seen surging in Israel
Dealogic data showed a big increase in the acquisition activity of big tech companies in Israel, pushing the Middle Eastern country to become a global player in the innovative tech arena.
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