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Jack Dutton

Jack Dutton

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Starbucks, McDonald's, KFC continue to feel effects of Gaza war boycotts

US coffee and fast-food outlets Starbucks, McDonald's and KFC continue to see the boycotts over the Gaza war affect their businesses, with lower than...

yesterday 1

Al Monitor

Jack Dutton

Blinken presses for Gaza aid on Jordan visit

US Secretary of State Antony Blinken on Tuesday called for the redoubling of efforts to bring aid into Gaza as he held talks in Jordan on...

previous day 4

Al Monitor

Jack Dutton

UAE-backed RedBird IMI pulls out of Telegraph deal, will sell UK newspaper

LONDON — RedBird IMI has withdrawn its offer to buy the UK newspaper conglomerate Telegraph Media Group, which includes the eponymous broadsheet...

previous day 5

Al Monitor

Jack Dutton

UAE, Ukraine conclude trade deal talks, Emirates to help post-war reconstruction

The United Arab Emirates and Ukraine have concluded negotiations for a bilateral trade deal, the two countries said in a joint statement Monday....

monday 1

Al Monitor

Jack Dutton

Bahrain's Investcorp, China's CIC launch $1B Sino-Gulf investment platform

Bahrain-headquartered investment firm Investcorp and sovereign wealth fund China Investment Corporation (CIC) have launched a $1 billion platform to...

24.04.2024 10

Al Monitor

Jack Dutton

What does EU visa relaxation for Saudi, Bahraini, Omani citizens mean?

This week, the European Union (EU) announced a relaxation of Schengen visa rules for the citizens of Bahrain, Oman and Saudi Arabia, making it much...

23.04.2024 10

Al Monitor

Jack Dutton

Oman LNG deal spree continues with France's TotalEnergies

France’s TotalEnergies has become the latest energy company to tap into Oman’s bountiful liquified natural gas (LNG) supplies, after Turkey’s...

22.04.2024 10

Al Monitor

Jack Dutton

Global calls for calm after reported Israeli strike on Iran

World leaders appealed for calm Friday after reported Israeli retaliation against Iran added to months of tense spillover from the war in Gaza, with...

19.04.2024 9

Al Monitor

Jack Dutton

Emirates suspends check-in as Dubai airport grapples with flood backlog

The Emirates airline suspended check-ins again for all of Friday, impacting thousands more vacationers, following devastating floods across the United...

19.04.2024 9

Al Monitor

Jack Dutton

Google fires 28 staffers after protesting Israel cloud contract

Tech giant Google fired 28 of its employees on Wednesday after they staged a sit-in protest over Israel's Google Cloud contract. The news comes after...

18.04.2024 4

Al Monitor

Jack Dutton

Dubai floods bring travel to halt after heaviest UAE rainfall on record

Heavy thunderstorms hit the United Arab Emirates and the wider Gulf region on Monday and Tuesday as the desert city of Dubai was drenched in more than...

17.04.2024 6

Al Monitor

Jack Dutton

UK’s easyJet suspends Israel flights through October after Iran attack

LONDON — Britain’s biggest low-cost airline easyJet on Tuesday suspended all flights to Israel for the next six months, citing the “situation in...

16.04.2024 5

Al Monitor

Jack Dutton

UK’s easyJet suspends Israel flights until October after Iran attack

LONDON — Britain’s biggest low-cost airline easyJet on Tuesday suspended all flights to Israel for the next six months, citing the “situation in...

16.04.2024 10

Al Monitor

Jack Dutton

Microsoft pumps $1.5B into UAE's G42 amid US-China tech power struggle

Microsoft’s $1.5 billion investment into the UAE-based artificial intelligence company G42 was the byproduct of closed-door negotiations between the...

16.04.2024 6

Al Monitor

Jack Dutton

How Iran's attack on Israel is disrupting air traffic

Commercial flights across the Middle East remained severely disrupted on Monday after Iran launched an unprecedented drone and missile attack on...

15.04.2024 7

Al Monitor

Jack Dutton

EU releases another $1.06B to Egypt to boost fragile economy

The European Union has mobilized another €1 billion ($1.06 billion) in aid to Egypt, to help the country’s struggling economy recover. This latest...

12.04.2024 5

Al Monitor

Jack Dutton

Lufthansa extends Tehran flights ban as Iran-Israel tensions flare

Germany's flagship airline on Thursday extended its suspension of flights to Tehran amid escalating security concerns in the Middle East driven by an...

11.04.2024 4

Al Monitor

Jack Dutton

Iraqi government to reopen Kurdish pipeline as talks to open KRG rival stall

The Iraqi government is planning to repair and reopen a pipeline in the Kurdistan Region that could allow it to export 350,000 barrels per day to...

08.04.2024 5

Al Monitor

Jack Dutton

Battles near Gaza hospital as US says Israel talks back on

Street battles raged Thursday near a hospital in besieged Gaza, where the dire humanitarian crisis and surging death toll have caused tensions between...

28.03.2024 2

Al Monitor

Jack Dutton

Saudi private equity investment peaked at $4B in 2023 amid rising buyouts

Saudi Arabian private equity investment hit an all-time high of $4 billion in 2023 amid a trend in rising company buyouts by investors in the kingdom....

28.03.2024 5

Al Monitor

Jack Dutton

Switzerland reports violation by Lebanon’s Audi bank in Riad Salameh probe

The Swiss financial regulator found that Banque Audi (Suisse) SA, a Switzerland-based subsidiary of a Lebanese banking group, breached its obligations...

25.03.2024 7

Al Monitor

Jack Dutton

Middle East sees 23% drop in VC funding: Qatar, Bahrain, UAE hardest hit

The Middle East and North Africa (MENA) saw a 23% drop in venture capital (VC) funding deployed in 2023, according to a new report, with Bahrain,...

23.03.2024 9

Al Monitor

Jack Dutton

UAE eyes Zambia mine as minerals race heats up against Saudi Arabia, China

The United Arab Emirates is increasing its push to acquire African mineral resources, scrambling against China, Saudi Arabia and others to secure...

22.03.2024 10

Al Monitor

Jack Dutton

With $40B fund, Saudi Arabia looks to become world leader in AI

Saudi Arabia is to create a $40 billion fund to invest in artificial intelligence (AI), according to a report published Tuesday, as the kingdom looks...

20.03.2024 7

Al Monitor

Jack Dutton

Saudi Arabia offers $182M package, other incentives for mining investors

Saudi Arabia has launched an incentive package worth 685 million Saudi riyals ($182 million) for mining investors in the kingdom, along with several...

19.03.2024 8

Al Monitor

Jack Dutton

Turkey, UK to begin trade deal talks in June

LONDON/ANKARA — Turkey and the United Kingdom announced Thursday they will kick off official talks in June for a new free trade deal, following a...

15.03.2024 5

Al Monitor

Jack Dutton

Turkey, UK to begin official trade deal talks in June

LONDON/ANKARA — Turkey and the United Kingdom announced Thursday they will kick off official talks in June for a new free trade deal, following a...

14.03.2024 4

Al Monitor

Jack Dutton

Hungary signs $5.5B deal with UAE firm to develop Budapest neighborhood

The UAE has signed a €5 billion ($5.5 billion) deal with the Hungarian government to redevelop a Budapest neighborhood, weeks after the Gulf state...

14.03.2024 3

Al Monitor

Jack Dutton

EU readies $8B aid package for Egypt to help economy, stem immigration

The European Union is preparing a €7.4 billion ($8.08 billion) aid package to help Egypt’s economy amid fears that conflicts in neighboring Gaza...

13.03.2024 10

Al Monitor

Jack Dutton

No Ramadan relief as Israel-Hamas war rages in Gaza

The first day of Ramadan on Monday arrived like others for Palestinians in war-ravaged Gaza: stalked by famine and disease, shivering in tents and...

11.03.2024 4

Al Monitor

Jack Dutton

Saudi Aramco turns to China for future oil demand as profits fall 25%

Saudi Aramco reported a decline in profits Sunday while saying that it intends to invest more in China, where it sees much of the future oil demand. ...

11.03.2024 6

Al Monitor

Jack Dutton

AI and cloud investments dominate Saudi Arabia's LEAP tech summit

LEAP, Saudi Arabia’s international technology conference, witnessed $11.9 billion of investment deals across different sectors over its four days...

08.03.2024 30

Al Monitor

Jack Dutton

Could Etihad Airways become first Gulf airline to launch IPO?

The boss of Abu Dhabi-based Etihad Airways has signaled a potential initial public offering as early as this year, a move that would make it the...

06.03.2024 6

Al Monitor

Jack Dutton

Pro-Palestine protesters block UK arms fair sponsored by Israel’s Elbit Systems

BRISTOL, UK — Scores of pro-Palestinian protesters blocked two entrances to a military arms conference in Bristol, West England, on Tuesday, where...

05.03.2024 2

Al Monitor

Jack Dutton

UK-Saudi deal allows kingdom to tap into Britain’s $1T tech market

LONDON — Ministers from Britain and Saudi Arabia signed a memorandum of understanding Monday to strengthen the two countries’ science and...

04.03.2024 5

Al Monitor

Jack Dutton

Qatar to pump nearly $11B into French start-ups, funds until 2030

Qatar agreed to invest €10 billion ($10.83 billion) in French start-ups and various funds between now and 2030, during an official state visit to...

29.02.2024 5

Al Monitor

Jack Dutton

Qatar’s first VC fund of $1B expected to 'fuel startup ecosystem in region'

Qatar’s first venture capital (VC) “Fund of Funds,” worth $1 billion, is expected to “fuel the startup ecosystem in the region,” according...

27.02.2024 5

Al Monitor

Jack Dutton

Qatar places major bet on gas as Saudi Aramco scores new find in Jafurah

Two of the Middle East's major state-owned energy companies made significant gas announcements over the weekend despite a dip in the price of the...

26.02.2024 5

Al Monitor

Jack Dutton

UAE dropped from global watchdog’s illicit finance list in quick turnaround

The United Arab Emirates (UAE) on Friday was removed from a global financial watchdog’s “grey list” for countries that had not done enough to...

23.02.2024 4

Al Monitor

Jack Dutton

How Red Sea crisis is battering Egypt's manufacturing, textile industries

The Suez Canal is a cornerstone of the Egytian economy, providing a vital source of foreign currency for the cash-strapped country.

22.02.2024 8

Al Monitor

Jack Dutton

WHO says aid agencies can’t fill 'critical gaps' in Gaza left by UNRWA cuts

No international agency can fill “the critical gaps” in the Middle East left by the United Nations' relief agency for Palestinian refugees not...

22.02.2024 10

Al Monitor

Jack Dutton

Brazil condemns 'paralysis' on Gaza, Ukraine at tense G20 meeting

Brazil's foreign minister criticized the "paralysis" of the UN Security Council on the wars in Gaza and Ukraine as he opened a G20 meeting Wednesday...

21.02.2024 7

Al Monitor

Jack Dutton

Saudi Arabia reports oil export slump after OPEC cuts

Saudi Arabia’s crude oil exports slumped 17.8% year-on-year in the fourth quarter of 2023 to $60.5 billion, figures revealed Wednesday, with non-oil...

21.02.2024 10

Al Monitor

Jack Dutton

Saudi tech firm Alat invests in manufacturing, AI as part of $100 B plans

Saudi Arabia’s new $100 billion investment firm, Alat, announced several deals Tuesday aimed at transforming the Gulf country into a global leader...

21.02.2024 6

Al Monitor

Jack Dutton

Turkey to play 'important role' in sukuk market despite paused UAE deal

Although Turkey has reportedly suspended plans to go through with a $8.5 billion sukuk deal with the United Arab Emirates, the sector head at S&P...

19.02.2024 6

Al Monitor

Jack Dutton

ADNOC, BP form natural gas joint venture in Egypt

Abu Dhabi National Oil Company (ADNOC) and BP will form a new joint venture (JV) in Egypt in the second half of this year focusing on natural gas, the...

14.02.2024 4

Al Monitor

Jack Dutton

Who are the four Israeli settlers sanctioned by UK for West Bank violence?

Britain sanctioned four Israeli settlers on Monday who it accuses of intimidating and violently attacking Palestinians in the occupied West Bank. The...

12.02.2024 6

Al Monitor

Jack Dutton

Saudi energy minister reveals why Aramco cut oil target by 1m bpd

Saudi Arabia’s minister of energy, Prince Abdulaziz bin Salman Al Saud, revealed Monday why state-oil company Aramco cut its oil output by 1 million...

12.02.2024 9

Al Monitor

Jack Dutton

Israel PM orders army to prepare to evacuate civilians from Gaza's Rafah

Israeli Prime Minister Benjamin Netanyahu has ordered the army to prepare to "evacuate" hundreds of thousands of Palestinians from Gaza's Rafah, his...

09.02.2024 7

Al Monitor

Jack Dutton

US sanctions UAE entities for allegedly violating Russian oil price cap

The United States has sanctioned three entities in the United Arab Emirates and one Liberian-registered crude tanker for allegedly violating a price...

09.02.2024 10

Al Monitor

Jack Dutton

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