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Jack Dutton

Jack Dutton

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Spain, Morocco dismantle drone network flying hashish across border

Spain, Morocco dismantle drone network flying hashish across border

Spanish authorities seized more than 150 kilograms of hashish and more than 320,000 euros ($371,820) in cash in searches across southern Spain.

13.11.2025 3

Al Monitor

Jack Dutton

Dubai, Abu Dhabi make world’s top 5 destinations for wealthy: What to know

Dubai, Abu Dhabi make world’s top 5 destinations for wealthy: What to know

In Savills’ Spotlight on Wealth Trends 2025 report, Dubai topped the charts while Abu Dhabi ranked fifth.

12.11.2025 4

Al Monitor

Jack Dutton

Saudi goes on trial for deadly German Christmas market attack

Saudi goes on trial for deadly German Christmas market attack

A Saudi doctor went on trial in Germany Monday accused of driving an SUV through a Christmas market, killing six people and wounding more than 300 in...

10.11.2025 2

Al Monitor

Jack Dutton

Egypt's foreign reserves exceed $50B mark for first time: What to know

Egypt's foreign reserves exceed $50B mark for first time: What to know

The stronger reserve position signals that Egypt has largely emerged from its worst economic crunch in decades.

10.11.2025 5

Al Monitor

Jack Dutton

With new pact, Israel and India boost defense ties, eye $905M aircraft deal: What to know

With new pact, Israel and India boost defense ties, eye $905M aircraft deal: What to know

The new defense pact and potential defense deal come as Israeli Foreign Minister Gideon Saar visits Delhi this week.

05.11.2025 1

Al Monitor

Jack Dutton

Egypt courts investors, signs new gas deals at Abu Dhabi ADIPEC summit

Minister Karim Badawi met with executives from companies including Abu Dhabi sovereign wealth fund Mubadala, UAE state energy holding company...

04.11.2025 2

Al Monitor

Jack Dutton

French cement giant Lafarge on trial for ‘funding terrorism’ in Syria: What to know

The French company is accused of funneling millions of dollars via its subsidiary Lafarge Cement Syria to jihadi groups and intermediaries to...

04.11.2025 2

Al Monitor

Jack Dutton

Microsoft to invest $7.9 billion in UAE to scale AI with new Nvidia chips

Microsoft plans to spend over $5.5 billion on cloud and AI infrastructure and another $2.4 billion on operational expenses and local hiring in...

03.11.2025 3

Al Monitor

Jack Dutton

Saudi chases AI ambitions with homegrown firm pitched to global investors

Powered by its sovereign wealth fund of nearly $1 trillion, Saudi Arabia is backing its new AI firm Humain, entering a highly competitive sector some...

30.10.2025 3

Al Monitor

Jack Dutton

UAE’s DP World to invest $5B in India's infrastructure: What to know

The Dubai-headquartered logistics firm has already invested $3 billion into the South Asian nation over three decades.

30.10.2025 3

Al Monitor

Jack Dutton

In Saudi Arabia, Sharaa hails 'historic opportunity' for Syria investment

Syrian President Ahmed al-Sharaa touted investment opportunities in his country as he addressed business leaders and officials at the 9th Future...

29.10.2025 1

Al Monitor

Jack Dutton

Delta to launch first direct US-Saudi flight as business ties deepen

Beginning in October 2026, Delta will fly from its Atlanta hub to the Saudi capital three times a week on an Airbus A350-900 — a route that...

27.10.2025 2

Al Monitor

Jack Dutton

Algeria's Sonatrach latest foreign oil major to resume Libya drilling

Libya has Africa’s largest proven oil reserves, with approximately 48.4 billion barrels, but political instability had led international...

24.10.2025 4

Al Monitor

Jack Dutton

At least $216B needed to rebuild postwar Syria, says World Bank

Reconstruction costs of damaged physical assets are projected at between $140 billion and $345 billion, with a conservative best estimate of $216...

21.10.2025 3

Al Monitor

Jack Dutton

Singapore's DBS Group, Banque Saudi Fransi ink Asia-Gulf trade deal

Trade between Southeast Asia and the GCC reached about $130.7 billion in 2023 and is expected to grow by another $50 billion by 2027, according...

16.10.2025 3

Al Monitor

Jack Dutton

Saudi Arabia grants citizenship to Uber co-founder, Red Sea Global CEO

Uber co-founder Travis Kalanick and Red Sea Global CEO John Pagano have been granted Saudi citizenship.

10.10.2025 4

Al Monitor

Jack Dutton

Saudi investment minister visits Morocco, Senegal on Africa trade drive

Saudi Arabia has pledged more than $41 billion in investment in sub-Saharan Africa over the next decade.

08.10.2025 2

Al Monitor

Jack Dutton

World Bank ups Middle East 2025 economic outlook as oil, tourism rebound

The lender expects gross domestic product growth in the region to average 2.8% this year, up from its April forecast of 2.6%.

07.10.2025 3

Al Monitor

Jack Dutton

Blackstone, Abu Dhabi's Lunate set up $5B GCC logistics investment platform

The new platform will capitalize on the growing logistics sector in the Gulf.

06.10.2025 4

Al Monitor

Jack Dutton

PayPal, UAE's DP World sign MoU to speed digital payments

Under the agreement, international transactions are expected to be executed in minutes rather than take up to a week.

03.10.2025 3

Al Monitor

Jack Dutton

Nvidia, UAE's TII launch Mideast's first joint AI, robotics lab in Abu Dhabi

Abu Dhabi’s Technology Innovation Institute said the new lab would be a “first-of-its-kind hub in the region for developing next-generation...

22.09.2025 4

Al Monitor

Jack Dutton

As EU tries to wean off Russian gas, pipeline imports via Turkey rise

The European Union is importing more Russian gas via Turkey despite efforts to end imports from Russia.

18.09.2025 4

Al Monitor

Jack Dutton

Saudi Arabia's PIF buys $2B majority stake in entertainment giant MBC

The deal highlights the PIF’s continued expansion into the regional media and entertainment sector in accordance with Saudi Arabia's Vision...

18.09.2025 4

Al Monitor

Jack Dutton

Gaza woman recalls broken dream after UN inquiry calls attack on IVF clinic genocide

By Bassam Masoud and Saleh SalemDOHA (Reuters) -Najwa Abu Hamada felt no sense of justice when a U.N. Commission of Inquiry cited the destruction of a...

17.09.2025 3

Al Monitor

Jack Dutton

ADNOC’s XRG abandons $18.7B takeover bid for Australia’s Santos

The consortium led by XRG made an $18.7 billion nonbinding indicative proposal in June to acquire Santos in an all-cash deal worth 8.89...

17.09.2025 8

Al Monitor

Jack Dutton

Google Pay, China’s Alipay+ launch in Saudi Arabia amid cashless push

Both payment platforms will use mada, the kingdom’s national payment system.

15.09.2025 7

Al Monitor

Jack Dutton

Saudi firm to pump $700M into economic zone developer in Africa

The kingdom's Vision Invest will invest in pan-African developer Arise Integrated Industrial Platforms, which will use the funds to expand across the...

10.09.2025 4

Al Monitor

Jack Dutton

Turkey's trade deficit falls to lowest level in nearly four years: What to know

Turkey’s trade deficit in August shrank to $4.17 billion, its lowest level in 46 months, Trade Minister Omer Bolat said.

03.09.2025 4

Al Monitor

Jack Dutton

Syria exports first oil in 14 years after sanctions lifted: What to know

The shipment marks a major step forward for Syria, which has been embroiled in a civil war for 14 years and under Western sanctions for more than four...

02.09.2025 3

Al Monitor

Jack Dutton

Egypt, Turkey ink investment deals with China on SCO Summit sidelines

Egyptian Prime Minister Mostafa Madbouly and Turkish President Recep Tayyip Erdogan were in China for the two-day summit.

01.09.2025 7

Al Monitor

Jack Dutton

ACWA Power, TAQA among Saudi firms backing Syria's energy comeback

Some 14 years of civil war have wiped at least $800 billion from the country’s gross domestic product, according to UN figures.

28.08.2025 4

Al Monitor

Jack Dutton

From Kuwait to Turkey, why are countries cracking down on Roblox?

The fast-growing gaming platform has been banned in countries including China, Iran, Oman, Qatar, and Turkey.

22.08.2025 3

Al Monitor

Jack Dutton

Serbia, Slovenia still buying Israeli arms despite embargo: What to know

The Elbit Systems deal with Serbia is one of the largest in the company’s history, second only to a $1.7 billion agreement to modernize the Hellenic...

19.08.2025 4

Al Monitor

Jack Dutton

Egypt to open four new free trade zones by end 2026: What to know

The zones will be in 10th of Ramadan City, New October City, New Borg El Arab City, and New El Alamein City.

18.08.2025 4

Al Monitor

Jack Dutton

China expands auto investment in Egypt with $1B Suez tire plant

Egyptian Prime Minister Mostafa Madbouly said the project aligned with his country’s strategy to localize the automotive industry and manufacturing...

13.08.2025 10

Al Monitor

Jack Dutton

Norway's wealth fund vows to stay invested in Israel after selling shares in 11 firms

In a press conference on Tuesday, the fund said it had sold the stake in Bet Shemesh Engines Ltd, a group that provides services to the Israeli...

12.08.2025 3

Al Monitor

Jack Dutton

Landmark $18.7B Santos-ADNOC takeover delayed: What to know

Santos said in a statement that the due diligence period, initially set for six weeks, has been extended until Aug. 22.

11.08.2025 6

Al Monitor

Jack Dutton

Aramco's Q2 profits fall 22% as lower oil prices weigh on earnings

Saudi Arabian crude exports have been soaring, hitting a three-month high last month, though oil prices remain low.

05.08.2025 4

Al Monitor

Jack Dutton

Middle Eastern countries face new Trump tariffs: What to know

European and Asian markets fell again on Friday amid a broad selloff due to the economic uncertainty caused by the tariffs.

01.08.2025 4

Al Monitor

Jack Dutton

Mideast airlines see 0.4% dip amid Iran, Gaza wars, as global demand up 2.6%

Conflict-related airspace closures and regional tensions disrupted airlines based in the Middle East.

31.07.2025 8

Al Monitor

Jack Dutton

Saudi Arabia pledges $6B investment, to sign 47 deals with Syria: What to know

The event is a milestone for Syria-Saudi relations and the deals coming out of it are expected to help create 50,000 jobs across the country.

24.07.2025 3

Al Monitor

Jack Dutton

Saudi Arabia to invest $4B in Syria in boost to Sharaa: What to know

The kingdom has been at the forefront of diplomatic and economic efforts to support Syria's recovery.

23.07.2025 4

Al Monitor

Jack Dutton

Saudi Arabia offers travel permits to Syrian businessmen, investors: What to know

Syrian entrepreneurs can now directly apply for travel licenses at the Saudi Embassy in Damascus, while Saudi investors seeking to visit Syria can...

22.07.2025 3

Al Monitor

Jack Dutton

Egypt pitches new investment plan to US firms: What to know

Egypt is hunting foreign investment as part of its Vision 2030 strategy for sustainable development.

21.07.2025 5

Al Monitor

Jack Dutton

Egypt banks on Beijing as premier visit seals yuan, payment deals

The deals were announced during the visit by a senior Chinese delegation led by the country’s premier to Cairo this week.

11.07.2025 6

Al Monitor

Jack Dutton

UAE, Azerbaijan sign trade deal as officials meet in Abu Dhabi for Armenia peace talks

The deal is expected to contribute around $680 million to the UAE’s gross domestic product by 2031, according to UAE Minister of Foreign Trade Thani...

10.07.2025 3

Al Monitor

Jack Dutton

UAE green energy giant Masdar invests in $6B UK wind farm: What to know

A consortium of 24 international banks has raised $4.8 billion in financing for the British energy project.

10.07.2025 3

Al Monitor

Jack Dutton

Gaza civil defence says 22 killed in Israeli strikes

Gaza's civil defence agency said 22 people, including at least six children, were killed in Israeli strikes in the Palestinian territory on ...

09.07.2025 6

Al Monitor

Jack Dutton

Syrian designer Rami Al Ali to make history at Paris Couture Week

As well as being optimistic about the future of his war-ravaged country, Rami Al Ali has other reasons to be upbeat: he is about to become the first...

09.07.2025 4

Al Monitor

Jack Dutton

Six rescued from cargo ship attacked in Red Sea: EU naval force

Six mariners have been rescued after a deadly attack on a cargo ship that sank off rebel-held Yemen, an EU maritime force said Wednesday, as the...

09.07.2025 2

Al Monitor

Jack Dutton