Latest News

COP28 puts spotlight on state oil giants
COP28 puts spotlight on state oil giants
Economy
by  AFP

Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a less visible lineup of powerful state companies dominates the industry.

After success abroad, Saudi designers hit the runway at home
After success abroad, Saudi designers hit the runway at home
Economy
by  AFP

Couturier Adnan Akbar's past clients included Princess Diana and two French first ladies, but until recently he had never staged a major fashion show in his native Saudi Arabia. Beyond Adnan Akbar and Mohammed Ashi, who has dressed celebrities including Beyonce and Zendaya, the line-up was rounded out by Saudis with much less visibility overseas.

UK to probe of UAE-backed takeover of Telegraph
UK to probe of UAE-backed takeover of Telegraph
Economy
by  AFP

The UK government said on Thursday it had triggered a formal probe on public interest grounds into the proposed sale of the Telegraph Media Group to an Abu Dhabi-backed investment fund. The Telegraph group has been controlled by twin brothers Frederick and David Barclay for nearly two decades but has been put up for sale over unpaid debts.