The net profit before tax of Aldar Properties was up 35% y-o-y to $1.28 billion, while net profit after tax rose 24% y-o-y to $1.12 billion Read More
The Public Investment Fund (PIF) of Saudi Arabia has been named the world’s most valuable sovereign wealth fund (SWF) brand for 2025, Read More
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GCC
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DAE Acquires 10 New Boeing Aircraft from United Airlines
Dubai Aerospace Enterprise (DAE), a global aviation services company headquartered in Dubai, on Monday announced that it has signed a purchase agreement Read More
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GCC
Insurance
Mergers and Acquisitions
Medgulf Buys Buruj Coop Insurance for $155.84 Million
Marking a significant consolidation move in Saudi Arabia’s insurance sector, Buruj Cooperative Insurance has agreed to merge with the Mediterranean and Read More
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Green Energy
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KKR to Invest $327.61 Million in CleanPeak Energies
Global investment firm KKR has announced that it has signed agreements under which funds managed by KKR will commit $327.61 million to partner Read More
