Agbi

Agbi

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Ooredoo Oman’s job restructuring will cost $40m

Ooredoo Oman’s job restructuring will cost $40m

The organisational restructuring at Ooredoo Oman will cost about OR15 million ($40 million) after the listed telecom became the latest major company in the sultanate

EBRD lends $235m for Egypt’s green transition drive

EBRD lends $235m for Egypt’s green transition drive

The European Bank for Reconstruction and Development (EBRD) will provide €200 million ($235 million) to support Egypt’s plans to transition to a green economy.

World Bank backs Turkish youth and women with SME funding

World Bank backs Turkish youth and women with SME funding

The World Bank is to fund a new scheme to promote employment and economic empowerment for Turkish small enterprises, with an emphasis on loans to women and youth

Iraq’s wheat independence dashed by water crisis

Iraq’s wheat independence dashed by water crisis

Iraqi wheat farmer Ma’an al-Fatlawi has long depended on the nearby Euphrates River to feed his fields near the city of Najaf. But this year, those waters, which

Saudi non-oil exports hit $82bn in first half of 2025

Saudi non-oil exports hit $82bn in first half of 2025

Saudi Arabia’s non-oil exports rose to a record SAR307 billion ($82 billion) in the first half of 2025, the minister of industry and mineral resources Bandar Alkhorayef

Turkish recycling plan to generate $600m per year

Turkish recycling plan to generate $600m per year

Turkey plans to recycle more than 25 billion beverage packages per year, adding around $600 million to its economy. Plastic, glass and aluminium packaging with

EGA seeks equity partner for US aluminium smelter

EGA seeks equity partner for US aluminium smelter

Emirates Global Aluminium (EGA) is reportedly seeking an investment partner for its aluminium recycling plant in the US. The company is in talks with potential

Oil jumps over 1% on Venezuela oil blockade

Oil jumps over 1% on Venezuela oil blockade

Oil prices rose more than 1 percent on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering

Masdar confirms leaving ReNew buyout consortium

Masdar confirms leaving ReNew buyout consortium

Abu Dhabi Future Energy Company, better known as Masdar, has withdrawn from the investor consortium that planned to take Indian clean energy company ReNew Energy

Austria’s Bitpanda targets UAE growth after RAK Bank deal

Austria’s Bitpanda targets UAE growth after RAK Bank deal

Austrian cryptocurrency trading company Bitpanda is in talks with banks across the UAE to offer crypto brokerage services, building on an earlier deal with Ras