The Jeddah-based Islamic Development Bank will mobilise up to $750m in co-financing to strengthen food security in its member ...

A victory for the Democrats in the US midterm elections is likely to complicate Gulf states’ access to American AI technology ...

Riyadh’s main airport closure forces cargo rerouting, raising transit times and logistics costs, but shortages are unlikely, ...

Profits at Americana Restaurants in the fourth quarter of 2024 rose 26 percent to $41 million as a consumer boycott of American brands, related to the Gaza conflict, eased 2. In 2024 the company ...

The Central Bank of Oman (CBO) was founded in December 1974 and began operations in 1975, replacing the Oman Currency Board. Before 1970 Oman had no national banking authority. The Banking Law of 1974 ...

The UAE is updating its National Food Security Strategy 2051 with the aim of growing half of the country’s crops locally ...

Kuwait is borrowing more from local and global markets as Iran war disruption to oil exports puts pressure on state finances ...

A Gulf Cooperation Council and European Union summit planned for this month in Riyadh has been postponed after Houthi attacks ...

Bahrain's GFH Bank has raised capital through a sharia-compliant fund to invest in electricity grid infrastructure across the ...

Houthi attacks have closed Riyadh’s airport, disrupting daily life and business while threatening Saudi Arabia’s investment ...

FDI inflows into Saudi Arabia jumped by a third year on year in 2025, with construction and manufacturing accounting for almost half ...

QatarEnergy has reported a sharp decline in net profit and revenue in the first six months of 2026 due to the Iran conflict ...