The national railway company of Saudi Arabia, Saudi Arabia Railways (SAR) is fully owned by the Public Investment Fund and operates as a state-owned enterprise. SAR was created to develop, manage and ...

Profits at Americana Restaurants in the fourth quarter of 2024 rose 26 percent to $41 million as a consumer boycott of American brands, related to the Gaza conflict, eased 2. In 2024 the company ...

Gulf airlines stand to benefit from British Airways’ decision to cut back flights to the UAE, an aviation expert has said ...

Iraq faces its toughest budget challenge in more than two decades as a sharp fall in oil revenues leaves it struggling to fund 2027 spending ...

The US has approved Middle Eastern sovereign funds to exceed a foreign-ownership cap in the merged Paramount Skydance-Warner ...

The US has approved the potential sale of Lockheed Martin ⁠F-35 fighter jets to Saudi Arabia in a deal estimated to be worth ...

When driving from Dubai to Abu Dhabi and back again, Frank Kane realised that the E11 highway is a roadmap to the modern ...

Dubai state-owned developer Nakheel has awarded a contract to build hundreds of houses on Dubai Islands, with handover ...

Saudi Arabia is shuttling crude through the Strait of Hormuz for transfer off Oman, after the closure of its East-West pipeline, experts said ...

Oil prices fell in early Friday trading as investors eased fears of supply disruptions after Saudi Arabia sought alternative export routes ...

French hospitality group Accor is close to signing a deal as early as the end of the year for a hotel at Dubai Pearl, its regional chief said ...

Dubai-listed Aramex is trucking goods from Europe to the Gulf along an overland route that was uneconomical before the Iran war ...