Oil climbs above $60 as OPEC+ faces critical decision on supply

Data from the US and Asia do bolster the case for OPEC+ to loosen the taps

Bausch Health to sell Amoun unit to ADQ for $740m

ADQ is now Abu Dhabi’s third-largest sovereign wealth fund

Ever Given grounding: Suez Canal closure highlights marine industry risks

The Suez Canal Authority temporarily suspended navigation in the canal on March 25

WHO chief says rising cases, deaths are ‘truly worrying trends’

Covid-19 cases are increasing in most regions

Aldar offers to buy stake in Egypt’s Sodic; shares climb

The offer values the Egyptian property developer at about $420m

Saudi Aramco makes second highest profit on surging oil prices

Key Saudi Arabian oil site attacked, sending crude prices surging above $71

A storage tank in the Ras Tanura terminal was attacked by a drone while a missile also landed near a residential compound for Saudi Aramco employees in Dhahran

Bitcoin jumps above $50,000 in recovery from latest rout

Bitcoin and other cryptocurrencies are also driving growing interest from mainstream investors in Canada

Saudi missile 2

Five civilians injured, property damaged in missile attack in Saudi’s Jazan

The military projectile, launched from Yemen, fell on a public street in the Saudi city

Video: Saudi forces destroy missile targeting ‘civilians’ in Riyadh, debris damages house

The kingdom also intercepted and destroyed six armed drones targeting the southern region, Jazan and Khamis Mushait

Women on average have just 76% of men’s legal rights worldwide

Covid-19 has exacerbated women’s challenges in employment and education

Billionaire Sawiris said to back $4.7bn Signature takeover

Sawiris is the third-biggest shareholder in Signature Aviation

Brent oil passes $65 with US crisis now a global supply shock

More than 4 million barrels a day of US oil output is now offline

Saudi forces intercept another drone attack targeting Abha airport

This is the third armed drone attack targeting Abha airport in recent days

Brent oil rises toward $64 with power crisis hitting US supply

The combination of frigid temperatures and refinery closures has spurred a scramble for fuels

Saudi drone attack Abha

Saudi forces intercept three drone attacks targeting civilians

Two drones were launched towards Khamis Mushait on Sunday, and a third was destroyed on Monday morning

Saudi forces destroy another armed drone launched towards Abha airport

An attack at Abha International Airport on Wednesday, February 10, resulted in a civilian plane catching fire

The benchmarks countries must hit to reach net-zero emissions

More than 100 countries have pledged to get to net-zero emissions in the next 30 years

Brexit and the GCC – What lies ahead?

With Brexit having come into full effect on January 1, how will the UK’s ties with the GCC evolve?

Saudi forces destroy four armed drones launched from Yemen targeting ‘civilians’

The four ‘bomb laden’ UAVs were launched towards the southern region of the kingdom on Sunday

Biden reverses Trump travel ban, halts wall construction

The new president issued a proclamation ordering a stop to construction of Trump’s wall along the border with Mexico

US elections: Biden arrival in Washington ahead of inauguration framed by heavy security

Outgoing President Donald Trump doesn’t plan to invite the Bidens to the White House before the inauguration

Evian Middle East introduces new label-free, 100% recycled water bottle

Evian seeks to become a ‘fully-circular’ brand by 2025

Over $1bn piled into MENA-based startups in 2020

The UAE, Egypt and Saudi Arabia accounted for 68 per cent of the total deals disclosed in 2020

UAE issues advisory to citizens in US

The embassy advised its citizens to abide by the curfew decision

The good news you might have missed in 2020

Here’s a rundown of some bright spots in 2020 and what we could look forward to this year

Blasts at Yemen’s Aden airport as new ministers arrive from Saudi

Eyewitnesses said they heard three blasts and gunfire at the airport

Boris Johnson

Brexit trade deal: All the main details as EU, UK avoid chaotic breakup

The agreement, which runs more than 400 pages with an additional 800 pages of annexes, will be put to a vote in the UK parliament on Dec 30

Business leaders rank UAE as global leader in innovation

Business executives in the UAE rank the country as a global leader in creating an ‘innovation-conductive’ environment

UAE lender FAB opens Jakarta office to facilitate regional trade

FAB Indonesia will serve as a bridge to facilitate trade and investment flows between the UAE, the wider GCC region, Egypt and Asia

Dubai sees surge in UK bookings after travel corridor started

65 per cent of airlines flying in the beginning of 2020 are back to Dubai Airports