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Abu Dhabi-listed Investcorp Capital has sold its US industrial real estate portfolio, generating a high return on investment. The US National I portfolio, spanning six investments across six states ...
Union minister of state for home affairs Nityanand Rai will preside over the meeting in Delhi. The last meeting was held in ...
Arabian Gulf Business Insight on MSN18h
PIF-backed AviLease agrees Turkish Airlines rentals
Saudi Arabia’s Aircraft Leasing Company (AviLease) has signed long-term leases with state-owned Turkish Airlines for Airbus A320neo aircraft. Two of the aircraft have already been delivered, with the ...
Arabian Gulf Business Insight on MSN1d
GCC hiring gains pace as non-oil sector expands
Employment levels picked up in Saudi Arabia, Kuwait and Qatar as the non-oil private sector expanded in March, according to the latest monthly business sentiment surveys by S&P Global. Saudi Arabia ...
Arabian Gulf Business Insight on MSN6d
World Bank gives $500m to create new jobs in Turkey
Turkey is to receive $500 million from the World Bank to support economic recovery in areas devastated by the February 2023 earthquakes, according to a statement. The earthquakes killed more than ...
Arabian Gulf Business Insight on MSN1d
Libya to offer 22 oil exploration blocks
Libya is to offer 22 oil exploration blocks in its first bidding round in more than 17 years, the state-owned National Oil Corporation (NOC) has said. The round includes 11 onshore and 11 offshore ...
Arabian Gulf Business Insight on MSN1d
Jordan’s 2024 economic growth beats initial forecast
Jordan’s gross domestic product (GDP) expanded 2.7 percent year on year in the fourth quarter of 2024, beating a consensus forecast of 2.5 percent, according to official government data. Full-year ...
Arabian Gulf Business Insight on MSN1d
Saudi Arabia clears Riyadh Air for takeoff
Saudi Arabia’s aviation watchdog has granted official permission to Riyadh Air to commence flights to and from airports across the kingdom. The General Authority of Civil Aviation (GACA) chairman ...
Arabian Gulf Business Insight on MSN6d
Iraq’s trade balance surplus with US at $6bn
Iraq has a trade balance surplus of nearly $6 billion with the US, a senior government official has said. This comes from oil exports to the US more than doubling in two years, state-run Iraq News ...
Arabian Gulf Business Insight on MSN1d
AD Ports moves ahead with Angolan port upgrade
State-controlled Abu Dhabi ports operator AD Ports Group is to upgrade Angola’s largest port as it expands its reach in Africa, the company said in a statement. The company has appointed UAE-based Mar ...
Arabian Gulf Business Insight on MSN11d
Mubadala puts more money in US commercial lender
Abu Dhabi’s Mubadala Investment Company has increased its investment in 3650 Capital, a US commercial real estate lender. The UAE sovereign fund and California State Teachers’ Retirement System ...
Arabian Gulf Business Insight on MSN7d
Golden visa lure draws Turks to Dubai real estate
An increasing number of Turkish citizens are investing in real estate overseas, with Dubai and Greece emerging as top destinations, according to a news report. Last year, Turks spent more than $2.5 ...