The GCC equities markets saw a spike in IPO activity in 2024, with a record 53 companies making their debut on regional exchanges. According to Kuwait-based Kamco Invest, the aggregate GCC index increased little for the second straight year,...

Bayan Oman, one of Oman's emerging real estate development enterprises, has unveiled its most recent project, ALAA Business Avenue. This latest building, strategically positioned in Madinat Sultan Qaboos, redefines the modern workspace by...

Chinese officials are considering selling TikTok's US business to billionaire Elon Musk, as the video-sharing company faces an American law forcing an imminent Chinese divestiture. According to the report, one option under consideration in...

Jack Taylor has been appointed as Executive, Distribution Strategies and Business Development, Asia Pacific by Markel, the insurance company of Markel Group Inc. Taylor, who is based in Singapore, will be in charge of broker interaction...

Dubai South, the largest urban master development focused on aviation, logistics, and real estate, has announced the opening of a cutting-edge Parts Distribution Center (PDC) for Ford in collaboration with DB Schenker, a global leader in logistics...

Foxconn Technology Group, a Taiwanese multinational electronics contract maker, has halted new work rotations for Chinese employees at its Apple iPhone manufacturing facilities in India. Rest of World claims that Taiwanese personnel are now...

Higher Islamic debt issuances by Qatar and Saudi Arabia aided the expansion of aggregate sukuk in the GCC (Gulf Cooperation Council) in 2024, according to Kamco Invest, a regional economic think tank. Total sukuk issuances in the GCC reached a...

Qais bin Mohammad Al-Yousef, Omani Minister of Commerce, Industry, and Investment Promotion, has emphasized the significant expansion of trade and economic links between the Sultanate of Oman and the Kingdom of Saudi Arabia. This expansion...

In an attempt to break into a market controlled by regional behemoths with well-established gas and hybrid vehicle technologies, South Korea's Hyundai Motor announced on Friday that it would launch the most affordable small electric car...

Thomas B. Meier has been named the new CEO of Jumeirah, a leading global hospitality company and a division of Dubai Holding. Thomas has played a key role in steering Jumeirah through a number of significant turning points, and as part...