Business news

Abu Dhabi eyes up McLaren stake, as regional electric vehicle race heats up

Bahraini sovereign wealth fund Mumtalakat is considering selling luxury sportscar business McLaren Automotive to Abu Dhabi’s CYVN Holdings – adding to the latter’s existing portfolio of stakes in Chinese and British EV companies.

Issue 1193 - 06 November 2024

Pin Bahrain, United Arab Emirates (UAE)

Economy & business, Wealth watch

Also in this issue:

Abu Dhabi’s ADQ appoints developer for Egyptian megaproject

Issue 1194 - 14 November 2024

Tehran revives plan for cross-Gulf tunnel to Qatar

Pin Iran, Qatar

Economy & business, Energy & industry, Transport & infrastructure, Politics & people, Diplomatic brief

Issue 1193 - 11 November 2024

Saudi government-owned Istedamah’s opaque asset portfolio is becoming clearer

Pin Saudi Arabia

Economy & business, Wealth watch

Also in this issue:

Saudi Arabia’s Public Investment Fund buys into MBC media group

Prince Alwaleed restarts work on world’s tallest tower in Jeddah

Issue 1193 - 11 November 2024

Saudi Arabia’s Public Investment Fund buys into MBC media group

Pin Saudi Arabia

Economy & business, Wealth watch

Also in this issue:

Saudi government-owned Istedamah’s opaque asset portfolio is becoming clearer

Iraq to revoke licence of Saudi broadcaster MBC, after Hamas broadcast

Issue 1193 - 07 November 2024

Oman lines up further energy sector privatisation, after OQEP market listing

Pin Oman

Economy & business, Energy & industry, Oil & gas

Latest Business headlines

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Issue 1194 - 28 November 2024

Cracks emerge in Saudi diversification drive, with little to show after eight years

Pin Saudi Arabia

Energy & industry, Politics & people

Issue 1193 - 06 November 2024

Iran announces housing and tourism projects for contested Gulf islands

Pin Iran, United Arab Emirates (UAE)

Defence & security, Regional co-operation & conflict, Economy & business, Politics & people, Politics

Issue 1193 - 28 October 2024

Riyadh claims higher investment inflows, after changing calculation method again

Pin Saudi Arabia

Economy & business, Banking & finance, Economy

Issue 1193 - 24 October 2024

Iraq to revoke licence of Saudi broadcaster MBC, after Hamas broadcast

Pin Saudi Arabia, Iraq

Economy & business, Politics & people, Politics

Issue 1193 - 18 October 2024

Raytheon fined $950m over fraud and bribery linked to Qatari defence contracts

Pin Qatar

Defence & security, Economy & business

Issue 1193 - 16 October 2024

UAE: UK court upholds $720m claim by Butti Al-Hamed sons against their brother

Pin United Arab Emirates (UAE)

Economy & business, Banking & finance

Issue 1193 - 11 October 2024

Prince Alwaleed restarts work on world’s tallest tower in Jeddah

Pin Saudi Arabia

Economy & business, Politics & people, Royals watch

Issue 1192 - 25 September 2024

Saudi Arabia pledges another $5bn for Egyptian investments

Pin Saudi Arabia

Economy & business, Banking & finance

Issue 1192 - 25 September 2024

Aldar and Mubadala set up $8bn property joint venture in Abu Dhabi

Pin United Arab Emirates (UAE)

Economy & business, Wealth watch

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Business news

Abu Dhabi eyes up McLaren stake, as regional electric vehicle race heats up

Tehran revives plan for cross-Gulf tunnel to Qatar

Saudi government-owned Istedamah’s opaque asset portfolio is becoming clearer

Saudi Arabia’s Public Investment Fund buys into MBC media group

Oman lines up further energy sector privatisation, after OQEP market listing

Latest Business headlines

Cracks emerge in Saudi diversification drive, with little to show after eight years

Iran announces housing and tourism projects for contested Gulf islands

Riyadh claims higher investment inflows, after changing calculation method again

Iraq to revoke licence of Saudi broadcaster MBC, after Hamas broadcast

Raytheon fined $950m over fraud and bribery linked to Qatari defence contracts

UAE: UK court upholds $720m claim by Butti Al-Hamed sons against their brother

Prince Alwaleed restarts work on world’s tallest tower in Jeddah

Saudi Arabia pledges another $5bn for Egyptian investments

Aldar and Mubadala set up $8bn property joint venture in Abu Dhabi

Hot topics

UAE: The 'Bani Fatima' brothers rise ever higher

UAE: Sheikh Tahnoun's business interests

UAE: Mansour Bin Zayed’s growing media interests

UAE: Sheikh Tahnoun’s business interests under Royal Group

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