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Bitcoin dips below $90K, Ether hits lowest since October

Traders reacted sharply to the security breach, leading to a wave of liquidations across the digital asset market. Bitcoin, the world’s largest cryptocurrency by market...

GCC foreign reserves rise 7.5% to $804.1B in 2024

According to the data issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) these reserves account...

NRI deposits rise 43% as inflows accelerate higher returns

With this sharp rise, the total outstanding NRI deposits at the end of December 2024 soared to $161.8 billion, compared to $146.9 billion a...

UAE telecom titan makes bold €825M Serbian expansion

SBB, a dominant player in Serbia with over 700,000 active customers, reported €244.1 million in revenues for 2023 and maintains a robust 50% EBITDAaL...

Investcorp Capital names Mohamed Aamer as Interim CEO

Investcorp Capital, a leading investor in private markets and alternative investment opportunities, has announced the appointment of Mohamed Aamer as its Interim CEO effective...

India bets big on critical minerals with ₹163 billion push to reduce import reliance

The move underscores the country's push to reduce dependence on imports, particularly for lithium, a key component in energy transition technologies. The decision, first reported...

Americana acquires Pizza Hut in Oman

The deal includes 46 Pizza Hut restaurants, generating an annual revenue of approximately $11 million in 2024.

Saudi labour courts issue over 130,000 rulings, slash case timelines

Fast-track litigation reforms have dramatically shortened the average hearing period to just 20 days from filing to closure, marking a significant leap forward in...

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Dubai to launch self-driving taxis in 2026

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MSX raises $32 billion in five years as Roundtable reveals Oman’s capital market growth

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