Middle East

Visitors to Dubai's Arabian Travel Market (ATM) will have the opportunity to meet, interact, and engage with the second generation of the world's first AI-powered cabin crew.

Dubai announced that construction had begun on a new terminal at Al Maktoum International Airport, which the Gulf emirate's ruler claimed will be "the world's largest."..

Yemen's Houthi group claimed responsibility for the attack on the MSC Darwin ship in the Gulf of Aden and the launch of missiles toward the Israeli city of Eilat...

The World Bank warns that escalating conflicts in the Middle East could push oil prices over $100 a barrel, potentially increasing the recent decline in global inflation and worsening economic challen..

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Qatar-based oil and gas drilling company Gulf Drilling International (GDI) is poised to become a wholly-owned subsidiary of Gulf International Services (GIS) with the latter acquiring the entire 30% s

Majority of the stocks in Gulf markets recorded impressive gains this year, proving that the region has been recovering from the effects of the worldwide financial crisis in 2008 and 2009, Arabian Bus

In its bid to improve the growth of the company overall, Dubai conglomerate Al Habtoor Group had commissioned a shakeup of its boards across all of its business units, including its legal and audit bo

Nakheel said in its statement on Thursday that it was able to close sales of land plots in the Al Furjan and Jumeirah Village Triangle areas worth a collective $44.1 million or over AED162 million.

Arabian Business said in its report that a rise in bond issuance in the Gulf region is seen next year partly in anticipation of the re-entry of the Abu Dhabi sovereign in the market after an over 5-ye

Yildiz Holding, the Turkish owner of Godiva chocolates, will acquire Flipz and Turtles maker DeMet's Candy Co. for $221 million. DeMet's is owned by Connecticut private equity firm Brynwood Partners.

Petroleum firm Total SA has put up for sale a 15% stake in its Congo oil exploration and production unit Total E&P Congo. The said holding was sold to Qatar Petroleum International for $1.6 billion.

Islamic banks want to diversify their investments outside of the Middle East and real estate and are seeking to work with Western businesses that comply with the Shariah law.

Fortissimo Capital, a private equity fund, won the bid for Israel-based Eshbel with NIS 192 million after the software company was put on the auction block.

Oramed Pharmaceuticals Inc was able to secure $13 million from Special Situation Fund and Sabby Capital Healthcare, according to a report on Globes which cited sources.