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FeaturedReal Estate
Saudi construction cost growth stays moderate in May, says GASTAT
The Construction Cost Index was 2.65 higher than 2025, driven by increased equipment rental, labour, and energy costs in the property sect
AviationFeatured
Backed by former easyJet veteran, Castlelake launches fourth bid for airline
Castlelake's 6.25-pound-per-share proposal represents a premium of about 57% to easyJet's share price of 3.94 pounds on May 29
EconomyFeatured
Alan Greenspan, pioneer behind ‘Greenspan Put’, passes away at 100
Greenspan served five consecutive terms as chairman of the Federal Reserve between 1987 and 2006 under four American presidents
FeaturedIslamic Banking
Islamic Development Bank approves USD 746.2 million loan for Uganda’s railway project
Uganda is raising funds for the 2.7-billion-euro project, which has already won backing from lenders including the World Bank and the African Development Bank
FeaturedMacroeconomy
Oman posts USD 31.5 million budget deficit in 2025, says report
As per the ministry, the deficit was 26% lower than the budgeted deficit of OMR 620 million (USD 1.61 billion), primarily due to higher energy revenues
FeaturedTransport
Maserati revamps lineup as reset looms for struggling luxury car manufacturer
As per Stellantis CEO Antonio Filosa, the automaker has planned "to strengthen Maserati's future as a pure luxury brand"
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