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Funding News

Arcius Energy deepens cooperation through a strategic $500m offshore gas project in Egypt.

Zayed Khan -
UAE UK Egypt gas field development is progressing under Arcius, the joint venture formed by ADNOC XRG of the UAE and BP of the...
Funding News

Whoop Fundraising Round Secures $575M With Gulf Investors

Zayed Khan -
Whoop Fundraising Round begins with the company securing $575 million in a Series G funding round that received strong backing from major Gulf investors....
General News

Ooredoo OFN Cable Spin-Off Strengthens Qatar’s Position as a Gulf Connectivity Hub

Zayed Khan -
Ooredoo OFN cable spin-off has been formally launched as Ooredoo Group announced the creation of Ooredoo Fibre Networks (OFN), a dedicated company to manage...
General News

A New Era in Saudi Finance: Lean Technologies Wins First Open Banking Licence

Zayed Khan -
Open Banking Saudi Arabia License is now at the centre of a major push in the Kingdom’s fintech landscape after a key regulatory milestone....
Merger and Acquisition

Oman Government Finalises Full Acquisition of Budget Carrier SalamAir

Zayed Khan -
Oman government acquires budget airline SalamAir. The Government of the Sultanate of Oman has completed its acquisition of SalamAir, the country’s low-cost airline, as...
Funding News

Blackstone Commits $250 Million to New UAE Platform 

Zayed Khan -
UAE Payments Infrastructure Investment gained major momentum this week as Blackstone announced a $250 million investment in Advanced Digital Gaming Technology (ADGT), a newly...
General News

Vault22 AI Wealth Platform Launches in the UAE

Zayed Khan -
Vault22 AI Wealth Platform has launched in the UAE, giving users a single app to view, plan, and manage their money. The platform brings...
Merger and Acquisition

OMV and ADNOC Shake Global Markets With $60 Billion BGI Merger Delay

Zayed Khan -
Petrochemical Merger Deal between OMV and ADNOC is moving forward as both companies proceed with creating Borouge Group International (BGI). The new entity will...
General News

Egypt renewables PPAs signed for 5.6GW projects

Zayed Khan -
Egypt renewables PPAs have been formally signed for 5.6GW of new clean-energy projects, marking one of the country’s largest power procurement moves. The Ministry...
General News

LNG Assets Attacks Gulf Shake GCC Energy Stability

Zayed Khan -
LNG assets attacks Gulf, damaging key gas infrastructure in Qatar and Iran, disrupting part of the global energy supply. Missile strikes hit Ras Laffan...
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