President HH Sheikh Mohamed bin Zayed Al Nahyan has conveyed his heartfelt condolences to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, on the passing of Prince Mohammed bin Fahd bin Abdulaziz Al Saud.

Candidates for next month's $20 million Saudi Cup came from hither and yon in weekend racing, from South Florida to Dubai and to Saudi Arabia, while a mild upset in Arkansas shakes up the Kentucky Derby contender ranks.

Bhutan holds the distinction of having the cheapest gold prices in the world, primarily due to the fact that the country charges zero taxes on the precious metal.

On the other hand, Mesaieed Petrochemical Holding Co rose 1.9% ahead of the firm reporting its 2024 results. Outside the Gulf, Egypt's blue-chip index gained 0.4%, with Talaat Moustafa Holding gaining 0.9%. SAUDI ARABIA lost 0.2% to 12,415

Saudi Arabia's energy minister and several of his OPEC+ counterparts have held talks following U.S. President Donald Trump's call for lower oil prices and ahead of a meeting next week of OPEC+ oil-producing countries,

Born into a middle-class family in Mumbai, he faced financial struggles early on. To support himself, he took up various small jobs, selling books and milk on the streets.

UAE-based proptech Silkhaus, operating in the short-term rental market, announced the closing of a seven-figure growth round led by Nuwa Capital and Oraseya Capital. The latest funding round in the company also had participation from Impulse International, Yuj Ventures, Nordstar, and prominent family offices.

DUBAI — Saudi Arabia’s crown prince said Thursday that the kingdom wants to invest $600 billion in the United States over the next four years, comments that came after President Trump earlier ...

from South Florida to Dubai and to Saudi Arabia, while a mild upset in Arkansas shook up the Kentucky Derby contender ranks. The busy few days promised some monumental showdowns in the near future.

The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund. The U.K., Italy and Japan have already partnered on the Global Combat Air Programme, which aims to put a new stealth fighter with supersonic capability in the skies by 2035.

According to Emirates NBD Research, the value of UAE project investment remained robust in 2024, with contracts worth $83 billion being awarded over the course of the year. This comes on top of the $93 billion awarded in 2023.