IAG, Air France-KLM trim capacity forecasts as fuel bills become big headache
With little sign of an end to the war, airlines are re-evaluating...
GBO Correspondent
In a boost to Abu Dhabi’s property sector, ADGM activates ‘Broker Classification Framework’
The framework will be recognising high-performing real estate brokers operating within ADGM...
In world’s largest ever transaction, HSBC sells Australian loan portfolio to Blackstone
The portfolio will be held across the Blackstone Credit and Insurance, Tactical...
Egypt secures USD 1.8 billion IMF funding amid Middle East disruptions
As per the new arrangement, Egypt will get about USD 1.5 billion...
Bank of Singapore, DBS take AI route to accelerate wealth client onboarding
Roughly 25%, or more than 100, of the bank's relationship managers have...
Iran war hammers Saudi economy as GDP sees largest post-COVID contraction
Overall GDP shrank 4.8% in the three months through June, compared with...
Qualcomm wins crucial BMW chip supply deal as automaker eyes rapid turnaround
Under the deal, Qualcomm's Snapdragon Digital Chassis solutions would establish the hardware...
Despite volatile geopolitics, Oman’s property transactions reach USD 3.7 billion
FDI in Oman's real estate sector reached RO602.5 million by the end...
Amazon announces satellite constellation project for direct-to-phone service
The proposed network would provide voice, messaging, data and emergency services in...
UAE bank assets reach USD 1.53 trillion in May 2026, says central bank data
As per the central bank, the money supply aggregate M1 amounted to...