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Revolut cleared for UAE launch after central bank approval
16+ hour, 12+ min ago (399+ words) Digital banking giant Revolut has secured regulatory approval to launch in the UAE, marking a significant step in its expansion across the Gulf and wider Middle East. The company said it has received so-called stored value facilities and retail payment…...
British visitors expected to drive UAE tourism recovery
16+ hour, 40+ min ago (603+ words) British tourists and business travellers are expected to play a leading role in the UAE's recovery from the Iran conflict. Industry executives are already reporting a rebound in enquiries and bookings after the UK government lifted its warning against all…...
Iraq fund chief calls for halt to Baghdad Metro project
18+ hour, 51+ min ago (340+ words) Iraq's multi-billion-dollar Baghdad Metro project looks set for further delays after a principal financier said the contract was tendered prematurely and should be relaunched. The Iraq Development Fund (IDF) has identified 34 areas that need to be reviewed before the metro…...
Trump's Iran 'deal' means the Gulf pays for a war it didn't want
19+ hour, 36+ min ago (807+ words) The mess of this war proves it: the GCC should step out from the shadow of the US I was having coffee with a Canadian diplomat when they signed the Iran deal at Versailles this week. Prime Minister Carney, we…...
The macro risks lurking beneath the peace deal | AGBI
19+ hour, 37+ min ago (854+ words) The US-Iran agreement may have lifted stocks but the economic backdrop remains fragile Wall Street lore holds that the interplay of four prices offers a powerful snapshot of macroeconomic risk: the price of money (represented by the yield on the…...
US lifts blockade as Iranian tankers reappear in Gulf
21+ hour, 48+ min ago (629+ words) The US lifted its naval blockade on maritime traffic to and from Iranian ports late on Thursday, a day after Washington and Tehran signed a memorandum of understanding outlining a path to peace after more than three months of war....
Arab countries make up almost half of Egypt's food exports
20+ hour, 11+ min ago (217+ words) Arab countries were the top destination for Egyptian processed food exports in the first four months of 2026, accounting for nearly half of total shipments, the Food Export Council (FEC) said. Exports to Arab countries rose 5 percent year on year to…...
Turkey clears Uber takeover of Getir's delivery arm
20+ hour, 12+ min ago (115+ words) The Turkish competition authority has cleared Uber's acquisition of Getir's delivery business from Mubadala, the Abu Dhabi wealth fund and controlling shareholder, according to a'statement. Uber'agreed'in February to buy Getir's delivery arm, expanding its Turkish footprint. New York Stock Exchange-listed…...
Amanat completes buyout of Cambridge Health Group
20+ hour, 44+ min ago (203+ words) Amanat Holdings, a Dubai-listed investment company, has taken full ownership of Cambridge Health Group (CHG) after acquiring the remaining 10. 03 percent stake in the company for AED105 million ($28. 6 million). The move will accelerate CHG's expansion to more than 1, 000 beds across GCC countries…...
Bullish Opec says annual $700bn needed to meet oil demand | AGBI
22+ hour, 49+ min ago (326+ words) Global oil demand will remain robust in the medium and long term, driven by steady economic growth and supportive government policies worldwide, the Organization of the Petroleum Exporting Countries (Opec) has said. The 11-member group forecasts oil demand will rise…...