Lebanon's political confusion has caused the Lebanese pound to drop even further on the black market, now trading at 90,000 pounds to the dollar. This latest drop means the exchange rate is over 60 times…

Liquidity Group, an Israeli credit-oriented FinTech platform, has reportedly joined the unicorn club following a $40m funding round that brought the company's valuation to $1.4bn. The funding round was led by Japanese banking giant MUFG…

Oman and the UAE's joint venture company, the Etihad Rail Company, have signed a partnership agreement with Abu Dhabi’s Mubadala Investment Company to aid the development of a 303-kilometre railway network connecting Oman's Sohar Port…

General Motors Middle East has reported a 20% increase in sales in 2022 compared to the previous year, driven by the success of its three brands, Chevrolet, GMC, and Cadillac, which outperformed their segments and…

Dubai International Airport is anticipating 78 million passengers to travel through its terminals in 2023, following a year in which passenger traffic more than doubled. DXB handled 66 million passengers in 2022, experiencing year-on-year growth…