UAE sees surge in high net worth individuals
Dubai recorded the highest with 49,500 millionaires, 2,300 multimillionaires and nine billionaires...
Middle East
Saudi Aramco, Sumitomo Chemical lend $2bn loan to bolster JV’s working capital
Sumitomo Chemical will provide 37.5 percent of the loan...
Global oil investors worry over oil refiner’s performance
ExxonMobil is removed from the Dow Jones index...
JLL arranges joint venture equity deal for Brennan Investment and Arbah Capital
JLL is working with Wintrust Bank to set up a five-year, floating-rate...
Abu Dhabi Ports takes over MICCO Logistics for undisclosed sum
The acquisition bolsters Abu Dhabi Ports’ capabilities to manage activities such as...
Iran’s oil exports continue to thrive despite US sanctions
Iran exported more crude oil than expected in August...
The Saudi Public Investment Fund eyes to expand its presence globally
The new offices in London and New York will boost operations and...
Masdar makes strategic investment in Benban Solar Park
The combined volume of the solar park is 166.5 MWp...
Etisalat extends partnership with Ericsson to spur 5G deployment
The new partnership will pave the way for Etisalat to monetise on...
Saudi Aramco to accept fresh LPG cargoes
Opec nations and its partners pumped more crude oil in August...