Articles
This stainless steel watch sold for 124 times its retail value at auction
The stainless steel piece is one of 170 limited-edition pieces commemorating the Swiss watchmaker's exclusive relationship with Tiffany & Co.
2022 budget returns Saudi Arabia to surplus for first time in eight years
The Arab world's largest economy expects output to grow 7.4% in 2022
Central Bank of Lebanon sets new withdrawal rate from dollar deposits
Monthly withdrawal ceiling of $3,000 equivalent in Lebanese pounds also set for account holders
Fitch downgrades Evergrande and declares developer in default
China's second-largest property company by sales has more than $300bn of outstanding debt, making it the world's most indebted developer
Adnoc Drilling awarded $3.8bn contract
The five-year agreement is for provision of drilling, workover and well services to Adnoc Onshore
Business activity in UAE improves to strongest level since June 2019
Companies surveyed registered the quickest increase in purchasing since April due to a sharp rise in new orders
Aramco agrees on $15.5bn gas pipeline deal with BlackRock-led consortium
Aramco Gas Pipelines Company to lease and leaseback usage rights of Aramco’s gas pipeline network over 20-year period
Saudi Arabia's sovereign fund may raise $3.1bn from sale of STC stake
The final price of the offering will be determined on December 10
Aramco signs agreements with French companies
A deal with Gaussin aims to establish a modern plant for hydrogen-powered vehicles
Saudi wealth fund nearly triples US stock investments
The Public Investment Fund's new investments include PayPal, Alibaba, Walmart, Pinterest, Shopify, Farfetch and Hyzon Motors
Emirates narrows first-half loss as travel demand rebounds
The airline carried 6.1 million passengers compared with 1.5 million in the same period a year ago
Former Abraaj managing partner fined $1.9m by Dubai regulator
Mustafa Abdel-Wadood is prohibited by the Dubai Financial Services Authority from doing any business related to financial services in or from the Dubai International Financial Centre
Aramco profit surges on higher oil prices
Third-quarter net income of the world's largest oil exporter hit $30.43bn, up 158% from the same period a year ago
Fertiglobe shares jump 20% at start of trading on ADX
The company raised more than $795m in the third-largest ever IPO on the bourse
HSBC's third-quarter profit surges 76% as outlook improves
Lender released $700m of provisions set aside for bad loans and announced a $2bn share buyback
