Arcapita Group, the Bahrain-based global private equity company, intends to invest $1.5 billion in the GCC’s industrial and logistics sector over the next 24 months.
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The death toll from the October 10 Houthi attack on King Khalid International Airport in Riyadh has risen to 14 following the death of a second Indian national who succumbed to his injuries, according to the Indian Embassy in Riyadh.
Abu Dhabi’s government-run infrastructure agency signed five memorandums of understanding with German-based companies during its ADIS International Roadshow in Munich in October, as it seeks foreign investment and knowledge for its $56 billion capital…
Saudi Aramco turned a turbulent third quarter into stronger earnings, defying war-related disruptions to energy markets, production facilities and export routes as higher oil prices, a surge in refining margins and operational flexibility helped lift profits.
Saudi Aramco President and CEO Amin H. Nasser said on Tuesday that preliminary engineering had already started on a planned expansion of the kingdom's vital East-West pipeline as part of plans to increase oil flows through existing infrastructure, assess…
