Loading
Stay informed on the latest legal, regulatory, business and market developments relevant to Saudi Arabia and the region.
Abu Dhabi’s financial regulator says it is aware of Thursday’s $6.3 billion cyberattack on Binance and is “engaging closely” with the world’s largest cryptocurrency exchange.
Saudi Arabia is raising the minimum salary threshold for workers covered by a government employment support programme, aiming to encourage more nationals into private-sector jobs.
Dubai Financial Market (DFM), operator of the emirate’s stock exchange, said fees and commission income fell in the third quarter of 2026 as the Iran war increased volatility across the Gulf.
Yemeni Houthis have carried out further attacks on Saudi Arabia, pushing oil prices higher on Friday. The Iran-aligned militia said it had hit several Saudi Aramco facilities.
Gulf oil producers will retain their importance in global energy markets despite the Iran war, industry experts say, with one business leader calling for stronger supply guarantees in order to maintain customers’ confidence.
Acwa, the Saudi sovereign fund-backed renewables company, and global infrastructure investor EIG have agreed to allocate $4 billion in capital to expand the US power sector.
QatarEnergy has agreed to buy more liquefied natural gas from the US as the Gulf state’s energy industry struggles with damage from Iranian attacks on its production facilities.
The Dubai Financial Services Authority (DFSA), the independent regulatory agency that oversees financial services in the Dubai International Financial Centre, has fined the Middle East unit of rating agency Moody’s for data-breach cases.
Businesses in Dubai are committing to longer-term property leases despite the US-Iran war, with state-backed business park and free zone operator Tecom reporting a sharp rise in future rental payments.
Abu Dhabi petrochemical company Borouge has posted a 63 percent annual drop in third-quarter net profit, due to higher operating costs from the Iran war.
First Abu Dhabi Bank has set aside additional funds to cover potential loan losses arising from the Iran war, despite reporting higher profits and continued lending growth.
The farmers’ market in Mount Pleasant, a mixed-income area in the wealthy northwest quadrant of Washington DC, is perhaps not the most scientific location to gauge investor sentiment in the world’s largest economy and the outlook for Gulf interest rates.