VIDEO: The rising profile of India's Adani Group in the Middle East

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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

Saudi, US firms to partner on northeast Syria energy project

Saudi, US firms to partner on northeast Syria energy project

Saudi, US firms to partner on northeast Syria energy project

Saudi Cabinet approves electric high-speed railway link with Qatar

Saudi Cabinet approves electric high-speed railway link with Qatar

Saudi Cabinet approves electric high-speed railway link with Qatar

No merger between Oman Air and SalamAir; government "purchase” discussed

$No merger between Oman Air and SalamAir; government \"purchase” discussed$

$No merger between Oman Air and SalamAir; government \"purchase” discussed$

Fertiglobe delivers over $1bln EBITDA in 2025

Fertiglobe delivers over $1bln EBITDA in 2025

Fertiglobe delivers over $1bln EBITDA in 2025

Saudi Arabia’s hotel market to add 94,500 rooms: report

Saudi Arabia’s hotel market to add 94,500 rooms: report

Saudi Arabia’s hotel market to add 94,500 rooms: report

CBUAE gold reserves near $10.35bln in 2025

CBUAE gold reserves near $10.35bln in 2025

CBUAE gold reserves near $10.35bln in 2025

Rolls-Royce powers EgyptAir’s long-haul fleet expansion with first Airbus A350-900 delivery

Rolls-Royce powers EgyptAir’s long-haul fleet expansion with first Airbus A350-900 delivery

Rolls-Royce powers EgyptAir’s long-haul fleet expansion with first Airbus A350-900 delivery

AVIATION

Dubai South achieves 17% growth in business aviation movements in 2025

Dubai South achieves 17% growth in business aviation movements in 2025

Dubai South achieves 17% growth in business aviation movements in 2025

Riyadh's King Salman International Airport signs 7 mixed-use projects deals

Riyadh's King Salman International Airport signs 7 mixed-use projects deals

Riyadh's King Salman International Airport signs 7 mixed-use projects deals

AirAsia X unveils Kuala Lumpur-Bahrain-London route, establishing Middle Eastern hub

AirAsia X unveils Kuala Lumpur-Bahrain-London route, establishing Middle Eastern hub

AirAsia X unveils Kuala Lumpur-Bahrain-London route, establishing Middle Eastern hub

Dubai's DXB airport forecast to handle nearly 100mln passengers this year

Dubai's DXB airport forecast to handle nearly 100mln passengers this year

Dubai's DXB airport forecast to handle nearly 100mln passengers this year

BANKING & INSURANCE

Al Baraka Bank Egypt's 2025 consolidated profits jump 33.22% YoY

Al Baraka Bank Egypt's 2025 consolidated profits jump 33.22% YoY

Al Baraka Bank Egypt's 2025 consolidated profits jump 33.22% YoY

Barclays eyes investment banking uplift as it raises targets: IFR

Barclays eyes investment banking uplift as it raises targets: IFR

Barclays eyes investment banking uplift as it raises targets: IFR

FABMISR, Coldwell Banker Egypt team up to facilitate mortgage solutions

FABMISR, Coldwell Banker Egypt team up to facilitate mortgage solutions

FABMISR, Coldwell Banker Egypt team up to facilitate mortgage solutions

COMMODITIES

Kuwait oil price up $1.22 to $66.40 pb

Kuwait oil price up $1.22 to $66.40 pb

Kuwait oil price up $1.22 to $66.40 pb

Kenya to join growing list of African countries buying gold for reserves

Kenya to join growing list of African countries buying gold for reserves

Kenya to join growing list of African countries buying gold for reserves

GAS CONSTRUCTION

Arcius Energy outlines 5-year plan to boost natural gas output in Egypt

Arcius Energy outlines 5-year plan to boost natural gas output in Egypt

Arcius Energy outlines 5-year plan to boost natural gas output in Egypt

From gas pumps to grocery hubs: The future of South Africa's forecourts

From gas pumps to grocery hubs: The future of South Africa's forecourts

From gas pumps to grocery hubs: The future of South Africa's forecourts

CURRENCIES

Euro and yuan global ambitions hasten the dollar drop: Mike Dolan

Euro and yuan global ambitions hasten the dollar drop: Mike Dolan

Euro and yuan global ambitions hasten the dollar drop: Mike Dolan

Yen jumps on bets for a 'fiscally responsible' Japan; Aussie gets hawkish lift

Yen jumps on bets for a 'fiscally responsible' Japan; Aussie gets hawkish lift

Yen jumps on bets for a 'fiscally responsible' Japan; Aussie gets hawkish lift

Dollar soft ahead of US data, yen holds onto its gains after election

Dollar soft ahead of US data, yen holds onto its gains after election

Dollar soft ahead of US data, yen holds onto its gains after election

Sterling slides on Starmer crisis and rate cut bets

Sterling slides on Starmer crisis and rate cut bets

Sterling slides on Starmer crisis and rate cut bets

DIGITAL ASSETS

Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty

Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty

Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty

Bitcoin claws up to $65,000, set for largest weekly drop since late 2022

Bitcoin slump shakes companies that jumped on crypto-hoarding bandwagon

Bitcoin on the cusp of $60,000 as investors flee risky bets

The blockchain frameworks set to enhance fintech development in 2026

The blockchain frameworks set to enhance fintech development in 2026

The blockchain frameworks set to enhance fintech development in 2026

Bitcoin slumps with key $70,000 level in sight

Bitcoin slumps with key $70,000 level in sight

Bitcoin slumps with key $70,000 level in sight

ENERGY

Emarat names Burhan Al Hashemi as new CEO

Empower's profit up 10.5% in 2025; revenue soars to $925mln

Al Jomaih & Shell Lubricating Oil Company, NANCO sign strategic lubricants deal

Al Jomaih & Shell Lubricating Oil Company, NANCO sign strategic lubricants deal

Al Jomaih & Shell Lubricating Oil Company, NANCO sign strategic lubricants deal

FINTECH

Instant payments are here to stay in Oman

Instant payments are here to stay in Oman

Instant payments are here to stay in Oman

The rise of soft POS, Egypt’s push toward a less-cash society

The rise of soft POS, Egypt’s push toward a less-cash society

The rise of soft POS, Egypt’s push toward a less-cash society

Egypt’s FRA allows brokerage services to be marketed via e-payment apps

Egypt’s FRA allows brokerage services to be marketed via e-payment apps

Egypt’s FRA allows brokerage services to be marketed via e-payment apps

Egypt’s FRA launches digital factoring portal to curb financing risks

Egypt’s FRA launches digital factoring portal to curb financing risks

Egypt’s FRA launches digital factoring portal to curb financing risks

HEALTHCARE

"Financial apartheid" hampers South Africa's health future

$\"Financial apartheid\" hampers South Africa's health future$

$\"Financial apartheid\" hampers South Africa's health future$

Emirates Drug Establishment, Mubadala Bio sign deal to develop pharmaceutical manufacturing

Emirates Drug Establishment, Mubadala Bio sign deal to develop pharmaceutical manufacturing

Emirates Drug Establishment, Mubadala Bio sign deal to develop pharmaceutical manufacturing

Burjeel Holdings delivers 39.5% net profit growth in 2025

Burjeel Holdings delivers 39.5% net profit growth in 2025

Burjeel Holdings delivers 39.5% net profit growth in 2025

Jordan: Health, digital economy ministries expand Digital Health Centre services

Oman’s SQU likely to award hospital consultancy contract in Q2 2026

Qatar, Germany seek to expand technology, healthcare, AI ties

INVESTMENT

Nigeria: Minister advocates investment budgeting to unlock $1trln economy

Nigeria: Minister advocates investment budgeting to unlock $1trln economy

Nigeria: Minister advocates investment budgeting to unlock $1trln economy

Oman: Al Buraimi surpasses foovvvd-security targets; investment reaches $161.2mln

Oman: Governors unveil development drive at Together Forward Forum

Brazil’s JBS invests $150mln to build meat export hub in Oman

Egyptian Petroleum minister approves FY2026/27 investment plans for Alexandria Petroleum, Amreya Petroleum

Egyptian Petroleum minister approves FY2026/27 investment plans for Alexandria Petroleum, Amreya Petroleum

Egyptian Petroleum minister approves FY2026/27 investment plans for Alexandria Petroleum, Amreya Petroleum

Carlyle to invest $232mln in India's Edelweiss housing finance arm

Carlyle to invest $232mln in India's Edelweiss housing finance arm

Carlyle to invest $232mln in India's Edelweiss housing finance arm

M&A

Saudi’s Ghida Alsultan buys Simple Burger

Saudi’s Ghida Alsultan buys Simple Burger

Saudi’s Ghida Alsultan buys Simple Burger

Egypt: Beltone Capital acquires Baobab Group for $197.6mln

Egypt: Beltone Capital acquires Baobab Group for $197.6mln

Egypt: Beltone Capital acquires Baobab Group for $197.6mln

Mubadala Capital, TWG Global strike deal to buy Clear Channel for $6.2bln

Mubadala Capital, TWG Global strike deal to buy Clear Channel for $6.2bln

Mubadala Capital, TWG Global strike deal to buy Clear Channel for $6.2bln

REAL ESTATE

Royal Development announces sellout of Rotana Al Reem Island homes

Royal Development announces sellout of Rotana Al Reem Island homes

Royal Development announces sellout of Rotana Al Reem Island homes

PIF unit in deal to acquire Saudi residential mortgage portfolio

Coastal boom: Eastern Cape property market outpaces inland growth

DIFC launches first residential project in new Zabeel District

Aldar's new project brings Baccarat's crystal heritage to Saadiyat

Aldar's new project brings Baccarat's crystal heritage to Saadiyat

Aldar's new project brings Baccarat's crystal heritage to Saadiyat

‘Ajman Municipality’ launches automatic issuance of residential villa building permits

‘Ajman Municipality’ launches automatic issuance of residential villa building permits

‘Ajman Municipality’ launches automatic issuance of residential villa building permits

RETAIL & CONSUMER

Abu Dhabi's Aldar, Mubadala form $2.7bln luxury retail joint venture

Abu Dhabi's Aldar, Mubadala form $2.7bln luxury retail joint venture

Abu Dhabi's Aldar, Mubadala form $2.7bln luxury retail joint venture

Dubai Duty Free records highest-ever January sales of $235mln

Al Emarat Development debuts in Egypt with First Plaza Mall launch

Souq Al Jubail attracts over 5.8mln shoppers in 2025

Souq Al Jubail attracts over 5.8mln shoppers in 2025

Souq Al Jubail attracts over 5.8mln shoppers in 2025

SOVEREIGN WEALTH FUNDS

Saudi Arabia wealth fund set to announce strategy revamp, sources say

Saudi Arabia wealth fund set to announce strategy revamp, sources say

Saudi Arabia wealth fund set to announce strategy revamp, sources say

Al-Falih says World Cup and Expo reshaped investment priorities as PIF recalibrates projects

Al-Falih says World Cup and Expo reshaped investment priorities as PIF recalibrates projects

Al-Falih says World Cup and Expo reshaped investment priorities as PIF recalibrates projects

PIF urges private sector to be bolder as fund shifts from building sectors to scaling growth

PIF urges private sector to be bolder as fund shifts from building sectors to scaling growth

PIF urges private sector to be bolder as fund shifts from building sectors to scaling growth

ARTIFICIAL INTELLIGENCE

IFZA forges ties with IHC unit to advance AI-driven digital services

IFZA forges ties with IHC unit to advance AI-driven digital services

IFZA forges ties with IHC unit to advance AI-driven digital services

TECHNOLOGY & TELECOM

Startup Club ZA launches Platform ZA to tackle access gaps in South Africa's tech ecosystem

Startup Club ZA launches Platform ZA to tackle access gaps in South Africa's tech ecosystem

Startup Club ZA launches Platform ZA to tackle access gaps in South Africa's tech ecosystem

Shell showcases digital tech at Web Summit Qatar 2026 as an energy Lighthouse

Shell showcases digital tech at Web Summit Qatar 2026 as an energy Lighthouse

Shell showcases digital tech at Web Summit Qatar 2026 as an energy Lighthouse

Rakez partners with Zoho to equip businesses with key digital tools

Rakez partners with Zoho to equip businesses with key digital tools

Rakez partners with Zoho to equip businesses with key digital tools

Robertet inaugurates its regional headquarters at Dubai Science Park

Robertet inaugurates its regional headquarters at Dubai Science Park

Robertet inaugurates its regional headquarters at Dubai Science Park

TRANSPORT & LOGISTICS

Saudi Cabinet approves Saudi-Qatar electric high-speed railway link

Saudi Cabinet approves Saudi-Qatar electric high-speed railway link

Saudi Cabinet approves Saudi-Qatar electric high-speed railway link

Nigeria: 28 ships laden with petroleum products, fertiliser, others to arrive Lagos ports

Nigeria: 28 ships laden with petroleum products, fertiliser, others to arrive Lagos ports

Nigeria: 28 ships laden with petroleum products, fertiliser, others to arrive Lagos ports

Saudi cabinet clears high-speed electric rail project with Qatar

Saudi cabinet clears high-speed electric rail project with Qatar

Saudi cabinet clears high-speed electric rail project with Qatar

TRAVEL & TOURISM

TRAVEL AND TOURISM

Oman launches one-stop digital platform for tourism packages

Oman launches one-stop digital platform for tourism packages

Oman launches one-stop digital platform for tourism packages

GCC tourism growth boosts Asian presence at ATM 2026

GCC tourism growth boosts Asian presence at ATM 2026

GCC tourism growth boosts Asian presence at ATM 2026

TRAVEL AND TOURISM

The rise of agritourism in South Africa

The rise of agritourism in South Africa

The rise of agritourism in South Africa

Mandarin Oriental expands in Egypt with two hotels, Nile cruise

Mandarin Oriental expands in Egypt with two hotels, Nile cruise

Mandarin Oriental expands in Egypt with two hotels, Nile cruise