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Arabian Gulf Business Insight on MSN15h
Etihad expands network as passenger numbers rise
Etihad Airways will soon be flying to seven new destinations, capitalising on a strong surge in passenger traffic in the first half of 2025. The new routes include Almaty, Kazakhstan; Baku, Azerbaijan ...
A surge in violent crimes, including targeted killings, has raised concerns about law and order in Bihar. Police attribute ...
Arabian Gulf Business Insight on MSN15h
Egypt settles $1bn dues to foreign oil companies
Egypt has paid $1 billion in outstanding dues to foreign oil companies in the first week of July, a government official has said. The remaining debt stands at nearly $2.5 billion, the official told ...
Arabian Gulf Business Insight on MSN1d
Webuild adds fresh Diriyah contract to Saudi projects
Italian construction company Webuild has won another contract for Diriyah Square, bringing its total value of projects in Saudi Arabia to $2 billion. The $600 million agreement includes a mechanical, ...
The share of renewables in Oman’s electricity production more than doubled in the first five months of 2025 as the sultanate rolled out new solar and wind projects. Solar and wind projects contributed ...
Arabian Gulf Business Insight on MSN1d
China’s BYD plans Saudi expansion in EV race
Chinese automaker BYD plans to add more showrooms in Saudi Arabia next year as competition in the electric vehicle market intensifies following Tesla’s arrival in the country. The company plans to add ...
Arabian Gulf Business Insight on MSN1d
Lucid CEO says Trump’s tariffs will increase car costs
Tariffs imposed by US president Donald Trump will drive up the cost of automobile manufacturing, Lucid Group’s interim CEO Marc Winterhoff has said. The US electric vehicle maker is majority-owned by ...
Arabian Gulf Business Insight on MSN1d
Mubadala-linked group to acquire Techem for nearly $8bn
A consortium including Abu Dhabi’s Mubadala Investment Company has agreed to buy German energy company Techem for AED29 billion ($7.9 billion). The transaction is expected to close in the second half ...
Arabian Gulf Business Insight on MSN2d
Adnoc Gas signs $400m LNG deal with Germany’s Sefe
Adnoc Gas has signed an agreement with Germany’s Securing Energy For Europe (Sefe) to supply liquefied natural gas for three years. The UAE’s state-owned oil and gas company will sell more than ...
Arabian Gulf Business Insight on MSN5d
Oman debt ratios to improve even if oil prices soften
Credit rating agency Moody’s expects Oman’s debt burden will continue to ease, albeit at a more modest pace than over the past four years, even if oil prices rise less steeply or fall. “The government ...
Arabian Gulf Business Insight on MSN2d
Egypt tourist inflow rises by a quarter
Visitor numbers in Egypt have reportedly risen by almost a quarter in the first half of this year. Tourists increased by 24 percent to 8.7 million between January through to June 2025, Ashraq Business ...