AD Ports appointed Afif Saif Al Yafei (LinkedIn) as group CEO, according to a press release. He succeeds Mohamed Juma Al Shamisi ( LinkedIn ), who had led the group since 2014. The statement didn’t ...

The TASI rose 0.5% yesterday on turnover of SAR 3.6 bn. The index is down 5.8% YTD. In the green: Malath Cooperative Ins. (+8.6%), Sustained Infrastructure Holding (+6%), and Arabian Company for ...

Good morning, lovely people. The biggest IPO the EGX has seen in at least a decade is now trading, and it opened quietly, up ...

In today’s issue: We look into how development loans and Chinese partners power Egypt’s 13.85 GWh battery storage push.

The central bank’s rules mean a human still owns every decision, which sets the limit on how far automation can go ...

Subscriptions run through commercial banks on a six-month tenor, with the bourse coming in only once the system that transfers ownership has been tested ...

Sumou funds construction off-plan and earns a fee plus a third of the bottom line, while PIF keeps the land on its books ...

The commercial upside becomes easier to picture when an AI agent can act on someone’s behalf. For a company, that could mean reordering inventory, ...

Democrats have threatened investigations of Gulf AI deals if they win control of the House, the Senate or both ...

The timing makes sense, with Iraq selling Gulf crude at steep price reductions. It recently sold around 10 mn barrels from its southern ports at markdowns of USD 25-28 a barrel, mostly to Indian ...

Saudi raises private sector minimum wage for local employees: Saudi-based private employers will need to pay their Saudi workers a minimum of SAR 5k per month starting 25 April 2027, and SAR 6k a year ...

The Abu Dhabi Investment Authority (Adia) is acquiring a stake in a USD 1.4 bn aircraft portfolio leased to international airlines. Adia, Irish lessor Avolon, and US infrastructure investor I Squared ...