News
DAE and Blackstone set up new aircraft leasing venture
5+ hour, 15+ min ago (258+ words) Aircraft lessor'Dubai Aerospace Enterprise (DAE) and Blackstone Credit & Insurance (BXCI), a US credit asset manager, have agreed to set up a new aircraft leasing venture. To be named Equator, the new entity will build a diversified portfolio of commercial aircraft…...
Google News
6+ hour, 30+ min ago (13+ words) Mubadala assets under management rise 17% to $385bn'Arabian Gulf Business Insight | AGBI...
UAE and Saudi hiring slows but the jobs have not gone
11+ hour, 33+ min ago (711+ words) With long-term residents largely unfazed by the Iran war, staying has become a credential In the six weeks since the start of the US-Iran-Israel war, recruitment activity across the Gulf fell sharply. Regional headhunters reported that between 50 and 80 percent of…...
Oil and gas increase Oman's FDI inflows
8+ mon, 2+ week ago (252+ words) Oman's foreign direct investment rose to more than OR31 billion by the end of the first quarter of 2025, propelled by increased FDI inflows into the oil and gas sector. FDI inward inflows rose to rose to OR5. 2 billion from OR4. 1 billion a year…...
Saudi construction surge defies war pressures
14+ hour, 10+ min ago (559+ words) Construction contracts in Saudi Arabia have been signed throughout the US-Israeli war with Iran, despite a spike in materials costs and contractor fees, new data shows. The value of new contracts issued in March 2026 totalled just over $4 billion, according to…...
UK was Oman's biggest investor in 2025
7+ hour, 32+ min ago (201+ words) The United Kingdom's foreign direct investment (FDI) into Oman in 2025 increased by 11 percent to $42 billion " maintaining its position as the biggest external investor in the country, official data shows. Oman's total foreign direct investment rose to more than $81 billion by…...
DP World starts work on $18m freight network in Western Australia
4+ mon, 6+ day ago (238+ words) Ports operator DP World has commenced construction of a railway line to strengthen the freight network and improve the supply chain in Western Australia. The $18 million Fremantle Rail Interchange project will link DP World's Fremantle container operations directly with the…...
DP World evaluates stake in Associated British Ports
8+ hour, 37+ min ago (228+ words) Dubai's DP World is reportedly planning to evaluate acquiring a controlling stake in Associated British Ports, one of the UK's largest port operators. Canada Pension Plan Investment Board (CPPIB) and Omers Administration, which has headquarters in Toronto, are planning to…...
Libya discovers three oil and gas fields
11+ hour, 38+ min ago (260+ words) Libya has reported the discovery of three oil and gas fields as it seeks to increase hydrocarbon production. The state-owned National Oil Corporation (NOC) and Algeria's Sonatrach announced a gas and oil discovery in the Ghadames basin, northwest Libya. The…...
Egypt to increase renewable energy capacity by 2. 5 GW
11+ hour, 28+ min ago (250+ words) Egypt intends to add 2. 5 gigawatts of renewable energy capacity to its national grid to meet rising power demand and reduce reliance on fossil fuels. The new capacity will be connected to the national grid this year, electricity minister Mahmoud Esmat…...