KFH has partnered with NCR Atleos to deploy a hyper-realistic conversational AI avatar in its branches, improving customer experience and transforming in-branch service. Source: World Business Outlook.
Developer PERIFA (Australia-based) is entering the UAE market via its first international development: an AED 180 million industrial project in Sharjah’s Al Qasimiah Gate Industrial City. Source: Construction Business News ME.
Industrial real-estate project launched in Sharjah with AED 180 million investment Read More »
Saudi Aramco reported Q3 net profit of 101.02 billion riyals (~US$26.94 billion), down 2.3% year-on-year, citing lower crude and product prices despite higher production. Source: Reuters.
Saudi Aramco Q3 profit falls 2.3% as crude prices slide Read More »
Most Gulf stock markets closed lower, weighed down by sluggish oil prices and dampened hopes for a U.S. rate cut. For example, the Saudi index fell 0.7%. Source: Reuters.
Gulf markets mixed on weak oil and Fed outlook Read More »
The group of eight major OPEC+ oil-producing countries announced a production adjustment of 137,000 barrels per day effective December and will pause production hikes in early 2026, underscoring their aim to maintain supply-market balance. Source: Arab News.
OPEC+ eight members reaffirm commitment to market stability, adjust production schedule Read More »
European alternative asset manager Arrow Global has opened a new office in the UAE to serve Middle East institutional investors including sovereign wealth funds and family offices. The move reflects increasing private-credit and real-estate interest in the region. Source: Arrow Global.
Arrow Global deepens strategic commitment with new UAE office Read More »
Professional services firm Marsh McLennan has appointed Andrea Bono as CEO of its India, Middle East and Africa region, effective January 2026. Based in Dubai, Bono will lead strategy across risk, reinsurance, consulting and investment services in a dynamic region. Source: The Economic Times.
Marsh McLennan appoints Andrea Bono as CEO for India, Middle East & Africa Read More »
UK-based investment bank Panmure Liberum is expanding its footprint in the Gulf through a partnership with Bank of Bahrain and Kuwait (BBK). The move allows the bank to offer M&A, equity capital market and debt-capital market services in the region, reflecting growing interest in Gulf financial markets. Source: fnlondon.com
UK investment bank Panmure Liberum expands into Middle East with BBK tie-up Read More »
Gulf stock markets slid on Monday as disappointing corporate earnings and reduced hopes of further Federal Reserve rate cuts weighed on investor sentiment. Key firms in Saudi Arabia and the UAE posted weaker-than-expected results, pressuring indices in Riyadh, Dubai and Abu Dhabi. Source: Reuters.
Major Gulf bourses fall on weak earnings, US rate-cut uncertainty Read More »
Major Saudi companies are planning multi-billion-dollar investments in Syria’s reconstruction and infrastructure, yet face significant obstacles from existing U.S. sanctions. Source: Reuters.
Saudi firms consider billion-dollar investments in Syria but U.S. sanctions pose barrier Read More »