Higher borrowing costs may deter Gulf governments from issuing new debt in the near term, even though investor demand is ...

Oman plans to redevelop the Sultan Qaboos Port waterfront in Muscat into a major tourism and leisure destination ...

Iran’s soaring inflation, weakening currency and shrinking economy expose the limits of Tehran’s price freeze as households ...

Established by royal decree in 2020 Oman Investment Authority (OIA) is Oman’s state-owned sovereign wealth fund. Designed to manage Oman’s funds and assets, it has a strategic focus on optimising ...

Soaring marine fuel prices are adding to the costs facing shipping companies as the Iran war disrupts energy supplies ...

Gulf oil exporters are increasingly offering discounts on crude to attract buyers despite high freight costs and continued ...

A joint venture between the UAE and Jordan has begun work on a 403km rail network linking key mining and production sites to ...

Developer Diriyah Company has awarded two construction contracts to build six luxury hotels and 34 branded residences in ...

Forces aligned with the internationally recognised Yemeni government retook the strategic Red Sea port city of Mokha ...

Saudi giga-project developers are buying more materials at home as war chokes import routes, with Roshn sourcing most ...

The secondhand supertanker market has surged as Gulf oil producers pay a premium for ships they can put to work immediately ...

Fashion-led developments in Dubai are most vulnerable to price declines as the supply of branded residences surges and demand ...