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Business

  • TECOM Group
TECOM Group is a part of Dubai Holding
Dubai plans IPO for business park operator TECOM
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  • Green hydrogen
A multi-billion-dollar deal to produce green hydrogen in Oman's Salalah Free Zone
Saudi ACWA power to sign a $7 billion green hydrogen deal with Omanoil, Air Products
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  • Borouge
General view of the Borouge petrochemical facility at ADNOC's Ruwais Industrial Complex in Ruwais
UAE Borouge signs $1.58 billion partnership deal with Technip
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  • Turkish lira crisis
Fitch says maintaining a deeply negative real policy rate could further undermine domestic confidence
Turkish lira weakens after Fitch revises outlook to 'negative'
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  • OPEC+
The impact from Omicron is not yet clear
OPEC+ talks likely to consider pausing oil output hike as an option
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  • Turkish lira crisis
The lira lost 47% of its value against US dollar this year
Turkish lira steadies after record low
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  • Oil exploration
Jordan's energy minister Saleh Al-Kharabsheh
Jordan to explore for oil in two areas in February
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  • Saudi Economy
Saudi Arabia is aiming for $100 billion in annual FDI by 2030
Foreign direct investment in Saudi Arabia reaches $1.4 billion in Q2 2021
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  • Turkish lira crisis
Many economists and opposition lawmakers have called for an immediate policy reversal
Turkey reaffirms commitment to aggressive rate cuts
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  • Jewish settlement products
The EU’s top court ruled in 2019 that EU countries must identify products made in Israeli settlements on their labels
Israel, Belgium clash over Jewish settlement products labelling
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  • Bahrain
Finance Minister Sheikh Salman bin Khalifa Al Khalifa
Bahrain unveils $30 billion post-pandemic investment plan
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  • Turkish Lira
The Turkish lira has lost 40% of its value this year
Turkish lira nosedives 8% after Erdogan stokes firesale
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  • Turkish inflation
The lira has lost more than 30% of its value since the start of the year, severely eroding Turkish consumers' purchasing power
Turkey again cuts interest rates despite high inflation
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  • Egyptians' remittances
A man counts US dollars and Euros at a money exchange office in central Cairo
Egypt's remittances from workers abroad rise to $2.4 billion in August
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  • Turkish inflation
High inflation has been hurting the popularity ratings of Erdogan
Inflation takes its toll on Turks trying to make ends meet
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  • Green technology
Rolls is expected to provide engineering and manufacturing support
Qatar, Rolls-Royce team up in project to invest in green tech startups
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