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  • Gulf states follow U.S. rate rise

    The Gulf’s dollar-pegged economies have followed a U.S. interest rate hike to maintain the value of their currencies but at the risk of denting efforts to...

  • Riyadh hopes purge will help it join FATF

    Saudi Arabia has high hopes that a campaign of arrests to crack down on corruption will improve its chances of joining the Financial Action Task Force, a...

  • Nickelodeon join Spielberg backing VR startup

    A virtual reality company backed by 21st Century Fox Inc. and Warner Bros. completed a $30 million funding round, about 50 percent more than originally planned.

  • Saudi Aramco to seek pitches for IPO coordinators

    Saudi Arabian Oil Co. is asking banks to pitch for roles as coordinators and bookrunners on its initial public offering, people familiar with the matter said,...