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      BUSINESS
      May 20, 2022
      VIDEO: The rising profile of India's Adani Group in the Middle East

      The market capitalization of the Adani Group is estimated to be $215 billion

      REAL ESTATE

      Masdar City free zone companies free to buy properties in Dubai

      Masdar City free zone companies free to buy properties in Dubai
      Masdar City free zone companies free to buy properties in Dubai
      AIRLINES

      Oman Air sees growth in passengers from direct flights

      Oman Air sees growth in passengers from direct flights
      Oman Air sees growth in passengers from direct flights
      WATER

      NWC completes two water pipeline projects in Riyadh

      NWC completes two water pipeline projects in Riyadh
      NWC completes two water pipeline projects in Riyadh
      REAL ESTATE

      Saudi Arabia publishes new law allowing foreigners to own property

      Saudi Arabia publishes new law allowing foreigners to own property
      Saudi Arabia publishes new law allowing foreigners to own property
      GOLD

      Gold drops as dollar firms, trade deal hopes sap safe-haven demand

      Gold drops as dollar firms, trade deal hopes sap safe-haven demand
      Gold drops as dollar firms, trade deal hopes sap safe-haven demand
      TRAVEL AND TOURISM

      Brand Dubai, General Directorate of Identity and Foreigners Affairs partner to highlight Dubai’s summertime attractions

      Brand Dubai, General Directorate of Identity and Foreigners Affairs partner to highlight Dubai’s summertime attractions
      Brand Dubai, General Directorate of Identity and Foreigners Affairs partner to highlight Dubai’s summertime attractions
      TECHNOLOGY

      Creators HQ, Snapchat partner to empower region’s creative economy

      Creators HQ, Snapchat partner to empower region’s creative economy
      Creators HQ, Snapchat partner to empower region’s creative economy

      AVIATION

      AVIATION

      South Africa: Airbus opens new support hub in Johannesburg

      South Africa: Airbus opens new support hub in Johannesburg
      South Africa: Airbus opens new support hub in Johannesburg
      AIRLINES

      Oman Air achieves threefold rise in point-to-point traffic

      Oman Air achieves threefold rise in point-to-point traffic
      Oman Air achieves threefold rise in point-to-point traffic
      AVIATION

      Queen Alia Airport records 4.4mln passengers in H1 2025

      Queen Alia Airport records 4.4mln passengers in H1 2025
      Queen Alia Airport records 4.4mln passengers in H1 2025
      AVIATION

      Emirates introduces retrofitted Boeing 777 to Madrid

      Emirates introduces retrofitted Boeing 777 to Madrid
      Emirates introduces retrofitted Boeing 777 to Madrid

      BANKING & INSURANCE

      ECONOMY

      Visa opens first Africa data centre in Johannesburg

      Visa opens first Africa data centre in Johannesburg
      Visa opens first Africa data centre in Johannesburg
      SUSTAINABILITY

      UAE: Standard Chartered launches first sustainable escrow, account bank solution

      UAE: Standard Chartered launches first sustainable escrow, account bank solution
      UAE: Standard Chartered launches first sustainable escrow, account bank solution
      FINANCIAL SERVICES

      Amlak Finance announces early, full settlement of outstanding financing facilities

      Amlak Finance announces early, full settlement of outstanding financing facilities
      Amlak Finance announces early, full settlement of outstanding financing facilities

      COMMODITIES

      OIL

      OPEC+ panel likely to keep oil policy steady on Monday, sources say

      OPEC+ panel likely to keep oil policy steady on Monday, sources say
      OPEC+ panel likely to keep oil policy steady on Monday, sources say
      OIL

      Oil steady as investors weigh trade optimism against potential Venezuelan supply increase

      Oil steady as investors weigh trade optimism against potential Venezuelan supply increase
      Oil steady as investors weigh trade optimism against potential Venezuelan supply increase
      GOLD

      Gold falls on firmer US dollar and rising trade optimism

      Gold falls on firmer US dollar and rising trade optimism
      Gold falls on firmer US dollar and rising trade optimism
      OIL

      US Gulf refiners seek Middle East, South American oil to offset Venezuela, Mexico losses

      US Gulf refiners seek Middle East, South American oil to offset Venezuela, Mexico losses
      US Gulf refiners seek Middle East, South American oil to offset Venezuela, Mexico losses

      CURRENCIES

      CURRENCIES

      Sterling at four month low against euro as UK and euro zone rates diverge

      Sterling at four month low against euro as UK and euro zone rates diverge
      Sterling at four month low against euro as UK and euro zone rates diverge
      FOREX

      Dollar rises against euro, mixed versus yen on trade deal progress

      Dollar rises against euro, mixed versus yen on trade deal progress
      Dollar rises against euro, mixed versus yen on trade deal progress
      FOREX

      Yen, euro buoyant on trade progress

      Yen, euro buoyant on trade progress
      Yen, euro buoyant on trade progress
      CURRENCIES

      Sterling stronger, supported by global market optimism

      Sterling stronger, supported by global market optimism
      Sterling stronger, supported by global market optimism

      DIGITAL ASSETS

      INVESTMENT

      Wio Invest surpasses $1bln in Assets Under Administration

      Wio Invest surpasses $1bln in Assets Under Administration
      Wio Invest surpasses $1bln in Assets Under Administration
      CRYPTOCURRENCY

      JPMorgan considers offering loans backed by clients' cryptocurrency holdings, FT reports

      CRYPTOCURRENCY

      BitGo joins crypto IPO rush as sector hits $4trln in market value

      CRYPTOCURRENCY

      Crypto-linked stocks advance after Trump signs stablecoin law

      CRYPTOCURRENCY

      Central Bank of Bahrain launches framework for Stablecoin regulation

      Central Bank of Bahrain launches framework for Stablecoin regulation
      Central Bank of Bahrain launches framework for Stablecoin regulation
      EQUITIES

      Ether-linked stocks jump as crypto coin hits 6-month high

      Ether-linked stocks jump as crypto coin hits 6-month high
      Ether-linked stocks jump as crypto coin hits 6-month high

      ENERGY

      ENERGY

      Global coal demand to remain on a plateau in 2025, 2026: IEA

      ENERGY

      South Africa: Eskom sets record straight on $56.7mln Framatome court order

      ALTERNATIVE ENERGY

      Masdar, Iberdrola achieve financial close for $6.1bln East Anglia THREE Offshore wind project

      Masdar, Iberdrola achieve financial close for $6.1bln East Anglia THREE Offshore wind project
      Masdar, Iberdrola achieve financial close for $6.1bln East Anglia THREE Offshore wind project

      FINTECH

      FINTECH

      Oman: 300 non-compliant businesses caught in e-payment inspection drive in Seeb

      Oman: 300 non-compliant businesses caught in e-payment inspection drive in Seeb
      Oman: 300 non-compliant businesses caught in e-payment inspection drive in Seeb
      FINTECH

      Fintech fuels growth for South Africa’s grassroots retailers

      Fintech fuels growth for South Africa’s grassroots retailers
      Fintech fuels growth for South Africa’s grassroots retailers
      FINTECH

      From Africa to the world: PalmPay breaks into top 300 fintech companies

      From Africa to the world: PalmPay breaks into top 300 fintech companies
      From Africa to the world: PalmPay breaks into top 300 fintech companies
      FINTECH

      Egypt: FRA grants approvals for fintech expansion, 3 new startup establishments

      Egypt: FRA grants approvals for fintech expansion, 3 new startup establishments
      Egypt: FRA grants approvals for fintech expansion, 3 new startup establishments

      HEALTHCARE

      HEALTH

      Microplastics and the South African health crisis no one’s talking about

      Microplastics and the South African health crisis no one’s talking about
      Microplastics and the South African health crisis no one’s talking about
      EQUITIES

      Five years after COVID, pharma shares languish in US policy limbo

      Five years after COVID, pharma shares languish in US policy limbo
      Five years after COVID, pharma shares languish in US policy limbo
      HEALTH

      Unicef, World Bank join forces with South Africa for pandemic readiness

      Unicef, World Bank join forces with South Africa for pandemic readiness
      Unicef, World Bank join forces with South Africa for pandemic readiness
      HEALTHCARE

      EU invests $4.9mln to support Zimbabwe’s National Public Health Institute

      UTILITIES

      Tarshid completes solar panel installation work at Saudi hospital

      PHARMACEUTICAL

      Johnson & Johnson explores investment opportunities in Egypt's pharma sector

      INVESTMENT

      FINANCIAL SERVICES

      Tickmill partners with ProTrade Investments to expand its presence in Oman

      Tickmill partners with ProTrade Investments to expand its presence in Oman
      Tickmill partners with ProTrade Investments to expand its presence in Oman
      FINANCIAL SERVICES

      Over $211bln in bank investments in UAE by end of April 2025

      FOOTBALL

      Saudi Arabia privatises three local soccer clubs through public offering

      INVESTMENT

      Saudi Arabia announces $6.4bln in Syria investments

      INVESTMENT

      Tickmill partners with ProTrade Investments to expand its presence in Oman

      Tickmill partners with ProTrade Investments to expand its presence in Oman
      Tickmill partners with ProTrade Investments to expand its presence in Oman
      WEALTH MANAGEMENT

      RAKEZ, Pioneer Asset Management cooperate to expand wealth planning support

      RAKEZ, Pioneer Asset Management cooperate to expand wealth planning support
      RAKEZ, Pioneer Asset Management cooperate to expand wealth planning support

      M&A

      EQUITIES

      Mideast Stocks: UAE stocks gain on trade optimism and higher oil prices

      Mideast Stocks: UAE stocks gain on trade optimism and higher oil prices
      Mideast Stocks: UAE stocks gain on trade optimism and higher oil prices
      GLOBAL MARKETS

      Record-high stocks tremble as big week for market risk looms

      Record-high stocks tremble as big week for market risk looms
      Record-high stocks tremble as big week for market risk looms
      GLOBAL MARKETS

      Stocks drop worldwide as investors brace for crucial week

      Stocks drop worldwide as investors brace for crucial week
      Stocks drop worldwide as investors brace for crucial week

      REAL ESTATE

      REAL ESTATE

      Meraas launches new phase of Nad Al Sheba Gardens

      Meraas launches new phase of Nad Al Sheba Gardens
      Meraas launches new phase of Nad Al Sheba Gardens
      REAL ESTATE

      Dubai Land Department, Masdar City sign memorandum to enable free zone companies to own properties in Dubai

      REAL ESTATE

      Bahrain: Luxury residential project Seef Avenue 2 is unveiled

      REAL ESTATE

      Sharjah real estate transactions surge 48.1% in H1 2025

      REAL ESTATE

      Cityscape Qatar gears up for mega show as 90% floor sold out

      Cityscape Qatar gears up for mega show as 90% floor sold out
      Cityscape Qatar gears up for mega show as 90% floor sold out
      REAL ESTATE

      Arada awards $184.6mln contract to build Armani Beach Residences

      Arada awards $184.6mln contract to build Armani Beach Residences
      Arada awards $184.6mln contract to build Armani Beach Residences

      RETAIL & CONSUMER

      RETAIL

      South Africa: Mr Price retailer credits Easter, timely winter season for quarterly sales bump

      South Africa: Mr Price retailer credits Easter, timely winter season for quarterly sales bump
      South Africa: Mr Price retailer credits Easter, timely winter season for quarterly sales bump
      RETAIL

      Hamdan bin Mohammed launches ‘Dubai Mallathon’ to transform shopping malls into fitness hubs

      RETAIL

      South Africa: Location Bank supercharges retail growth with digital strategy

      RETAIL

      South Africa: Ibex sells 28% stake in Pepkor Holdings

      South Africa: Ibex sells 28% stake in Pepkor Holdings
      South Africa: Ibex sells 28% stake in Pepkor Holdings

      SOVEREIGN WEALTH FUNDS

      ACQUISITION

      ADQ acquires majority stake in top logistics group Aramex

      ADQ acquires majority stake in top logistics group Aramex
      ADQ acquires majority stake in top logistics group Aramex
      INVESTMENT

      ADIA to invest $200mln in India’s $6.6bln medical device firm Meril

      ADIA to invest $200mln in India’s $6.6bln medical device firm Meril
      ADIA to invest $200mln in India’s $6.6bln medical device firm Meril
      SWF

      Middle Eastern wealth funds ready to increase investments in China: Survey

      Middle Eastern wealth funds ready to increase investments in China: Survey
      Middle Eastern wealth funds ready to increase investments in China: Survey
      SWF

      Wealth funds warm to active management - and China - to weather volatility, report shows

      Wealth funds warm to active management - and China - to weather volatility, report shows
      Wealth funds warm to active management - and China - to weather volatility, report shows

      TECHNOLOGY & TELECOM

      TECHNOLOGY

      Jordan: National tech firms target European market with Dutch collaboration

      Jordan: National tech firms target European market with Dutch collaboration
      Jordan: National tech firms target European market with Dutch collaboration
      TECHNOLOGY

      Ventherm to provide robotic solution for Lamprell

      Ventherm to provide robotic solution for Lamprell
      Ventherm to provide robotic solution for Lamprell
      TECHNOLOGY

      Elon Musk's Starlink network suffers rare global outage

      Elon Musk's Starlink network suffers rare global outage
      Elon Musk's Starlink network suffers rare global outage
      TECHNOLOGY

      South Africans embrace tech with optimism and purpose

      South Africans embrace tech with optimism and purpose
      South Africans embrace tech with optimism and purpose

      TRANSPORT & LOGISTICS

      TRANSPORT

      Tesla plans to launch Robotaxis in San Francisco this weekend, Business Insider reports

      Tesla plans to launch Robotaxis in San Francisco this weekend, Business Insider reports
      Tesla plans to launch Robotaxis in San Francisco this weekend, Business Insider reports
      TRANSPORT

      Jordan: Intercity bus lines to launch July 31 as part of national transportation restructuring project

      Jordan: Intercity bus lines to launch July 31 as part of national transportation restructuring project
      Jordan: Intercity bus lines to launch July 31 as part of national transportation restructuring project
      TRANSPORT

      Oman: Fire at OQ Refineries in Sohar Industrial Port under control, says CDAA

      Oman: Fire at OQ Refineries in Sohar Industrial Port under control, says CDAA
      Oman: Fire at OQ Refineries in Sohar Industrial Port under control, says CDAA

      TRAVEL & TOURISM

      HOSPITALITY

      25 hospitality facilities shut down in Makkah over licensing and safety violations

      25 hospitality facilities shut down in Makkah over licensing and safety violations
      25 hospitality facilities shut down in Makkah over licensing and safety violations
      TOURISM

      Oman: Osara, a coastal tourism experience redefining Dhofar’s khareef season

      Oman: Osara, a coastal tourism experience redefining Dhofar’s khareef season
      Oman: Osara, a coastal tourism experience redefining Dhofar’s khareef season
      TRAVEL AND TOURISM

      South Africa: De Lille outlines tourism budget priorities, reforms and growth plans

      South Africa: De Lille outlines tourism budget priorities, reforms and growth plans
      South Africa: De Lille outlines tourism budget priorities, reforms and growth plans
      HOSPITALITY

      Hard Rock International to open new hotel, residences in Ras Al Khaimah

      Hard Rock International to open new hotel, residences in Ras Al Khaimah
      Hard Rock International to open new hotel, residences in Ras Al Khaimah

      MORE ON BUSINESS

      ECONOMY

      New research initiative targets high-growth entrepreneurs in South Africa

      New research initiative targets high-growth entrepreneurs in South Africa
      New research initiative targets high-growth entrepreneurs in South Africa
      ECONOMY

      Jordan: Injaz, IRC host startup event to empower young entrepreneurs

      Jordan: Injaz, IRC host startup event to empower young entrepreneurs
      Jordan: Injaz, IRC host startup event to empower young entrepreneurs
      NUCLEAR

      ENEC, Westinghouse sign deal to accelerate nuclear energy deployment in US

      ENEC, Westinghouse sign deal to accelerate nuclear energy deployment in US
      ENEC, Westinghouse sign deal to accelerate nuclear energy deployment in US
      M&A

      US clears way for $8bln Paramount-Skydance merger

      US clears way for $8bln Paramount-Skydance merger
      US clears way for $8bln Paramount-Skydance merger
      GAS CONSTRUCTION

      Iraq PM inaugurates gas projects that aid plan to stop flaring

      Iraq PM inaugurates gas projects that aid plan to stop flaring
      Iraq PM inaugurates gas projects that aid plan to stop flaring
      LOGISTICS

      US group Prologis announces plans to open Dubai office

      US group Prologis announces plans to open Dubai office
      US group Prologis announces plans to open Dubai office
      TRANSPORT

      Saudi train ridership tops 36.5mln in Q2 2025

      Saudi train ridership tops 36.5mln in Q2 2025
      Saudi train ridership tops 36.5mln in Q2 2025
      JOBS

      Intel is cutting more jobs as CEO Tan tries to fix manufacturing missteps

      Intel is cutting more jobs as CEO Tan tries to fix manufacturing missteps
      Intel is cutting more jobs as CEO Tan tries to fix manufacturing missteps
      OIL AND GAS

      Oil prices climb on US-EU trade optimism, Russian gasoline cuts

      Oil prices climb on US-EU trade optimism, Russian gasoline cuts
      Oil prices climb on US-EU trade optimism, Russian gasoline cuts

      Have news to share?
      Email us at editorial.zawya@lseg.com, or send us your company press releases to pressrelease.zawya@lseg.com

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