Saudi Arabia plans multi-billion-dollar Aramco share sale by June: report
This will be one of the region's biggest stock deals and the offer could raise around $10 billion
Saudi sovereign wealth fund to reorganise management amid budget crunch, report
This will be the biggest management shake-up since the Crown Prince started his Vision 2030
ADB sells $3.5bn 2-year global benchmark bond
Transaction is lead-managed by Credit Agricole CIB, Deutsche Bank, JP Morgan, and Nomura.
Saudi Arabia’s NEOM secures $2.7bn new financing facility
New facility will be used to support NEOM’s short-term financing requirements
Oil prices dip following Iran’s downplay of reported Israeli missile attack
Explosions were heard at an airport in Isafahan, reports Iran's Fars news agency
Asia-Pacific economies predicted to grow 4.9pc in 2024, ADB reports
Inflation across the region is expected to reduce to 3.2% this year and 3% next year
India ascends to fourth in global GDP rankings, USA on top
China holds the second spot and Germany the third in the new rankings for 2024
Oil prices set to rise as Middle East tension escalates after Iran’s attack on Israel
Analysts hold that future oil price trends depend on international retaliation measures
Japan threatens WTO action over Pakistan’s auto export policy
Car manufacturers cite high tariffs, lack of FTAs, and a small market for right-hand drive vehicles as reasons for their export challenges
Abu Dhabi targets 178,000 new jobs, 39.3m tourists by 2030
Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan has given his approval for the strategy
EU initiates investigations into Apple, Google, Meta under new law
Legislation aims to ensure a fairer and more open digital marketplace for European citizens and businesses
Elon Musk announces plans to open source Grok, challenging ChatGPT
Musk's decision reflects a broader division within the tech community regarding how artificial intelligence should evolve
India inks $100bn trade deal with EFTA bloc
Agreement seeks to foster economic growth and job creation through increased exports and investments
Dubai imposes 20% tax on foreign banks
Foreign banks operating in the Dubai International Financial Centre are excluded from the tax
India’s fuel demand surges 5.7% due to booming economy
Diesel sales rise by 6%, attributed to heightened factory operations and a rising demand for truck transportation