Middle East

Saudi Arabia sees $240 million in investments in Q1 2024: Report

E-commerce and retail sector retained its position as the leading industry in Saudi Arabia's venture landscape

Public cloud spending projected to reach $675 billion globally by 2024: Report

SaaS spending is forecast to grow 20 percent to reach a total of $247.2 billion in 2024

Dubai’s IPO boom positions city as thriving hub for capital markets: Report

Privatization of state-related entities to support the initial phase of regional IPO growth

L’Oréal Middle East, AstroLabs launch TechQuest challenge, fueling beauty tech advancements in the region

Out of 535 homegrown startups identified, 14 were shortlisted to innovate next-gen beauty tech for L'Oréal Middle East

Oil prices hover near multi-month lows, poised for weekly decline on rate hike concerns

Brent crude oil futures for July delivery fell 0.1 percent to $81.31 per barrel

Oil prices dip amid concerns over prolonged high U.S. rates, weaker demand

Brent crude oil futures expiring in July declined 0.7 percent to $81.35 per barrel

Oil prices continue downward slide amid rising U.S. stockpiles, jitters over interest rate hikes

Brent crude oil futures expiring in July slid 0.6 percent to $82.40 per barrel

UAE gold prices slip, global rates decline from record high on stronger dollar

The dollar index rose 0.1 percent, making greenback-priced bullion less attractive to holders of other currencies

Oil prices edge higher ahead of Fed cues, improving demand

Brent oil futures expiring in July rose 0.3 percent to $84.19 per barrel

UAE construction sector flourishes despite global challenges, holds $590 billion project pipeline: Report

$3.9 trillion is the estimated pipeline value of unawarded construction projects in MENA from 2024-28

Abu Dhabi’s TAQA posts $571.7 million net income in Q1 2024

The group revenues reached $3.7 billion, marking a 5.3 percent increase compared to the previous year