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Iraq has warned that it may be forced to explore every available course of action if its oil production quota within OPEC is not substantially increased, according to a senior official from the country's…
The easing of geopolitical tensions and a shifting energy landscape are creating a more constructive environment for investors across the UAE and the broader Middle East, according to Standard Chartered. The bank believes that…
Most major stock markets across the Gulf traded lower on Thursday morning as investors weighed falling crude prices against growing expectations that the U.S. Federal Reserve could tighten monetary policy further before the end…
Türkiye has launched a new six-year US dollar sukuk transaction, marking another step in its international funding programme as the sovereign taps demand for Shariah-compliant debt. The planned benchmark-sized issuance is structured as a…
Abu Dhabi-based healthcare operator Burjeel Holdings has successfully entered the international Islamic debt market, raising $500 million through its first-ever five-year sukuk, a deal that drew strong investor appetite and exceeded initial expectations. The…
Kuwait has stepped up its domestic fundraising efforts, issuing KWD550 million ($1.77 billion) in Treasury bonds and public debt tawarruq instruments across a range of maturities through the Central Bank of Kuwait on behalf…
Google-owned YouTube has reached a confidential settlement in a lawsuit brought by a teenager who alleged the platform contributed to serious mental health problems, stepping out of a closely watched California case just weeks…
Indian industrialist Gautam Adani has asked a U.S. federal court to formally close the criminal case that accused him of participating in a bribery scheme tied to a major solar energy project in India,…
Pfizer has secured a significant legal victory after a federal judge in Connecticut removed the pharmaceutical giant from a sprawling antitrust lawsuit accusing dozens of drugmakers of manipulating generic drug prices across the United…
As the U.S. Supreme Court moves toward the close of its annual term, a cluster of unresolved cases is placing the scope of presidential authority under an intense spotlight. Several of the most closely…
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