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The Iran war is spurring record borrowing by Gulf states looking to harden their infrastructure and build trade routes that do not rely on the Strait of Hormuz.

The number of active businesses at the Dubai International Financial Centre has increased 30% over the past year to 10,018.

Brookfield raised $2 billion for a Middle East-focused private equity vehicle backed by Saudi Arabia’s Public Investment Fund.

The longer route adds about $2.5 million in shipping costs per journey to Asia, stretching a typical voyage to Taiwan from 19 to 48 days, Reuters estimated.

Lower land costs and new statewide housing reforms have made Colorado an outlier.

The billionaire recently transferred some of his personal stock in the media giant to his foundation, and company executives have had informal talks with investment bankers about a possible IPO or stake sale.

In many years of paying taxes, I’ve never had a problem with the IRS. So, I was surprised to receive a letter dated May 25 informing us that my husband and I owe lots more money than we had paid for our 2025 taxes—and of course interest and fines. After reviewing the somewhat cryptic letter, […]

Insilico Medicine has found success in Abu Dhabi thanks to available talent and cheap computing power in the UAE capital.

Beijing’s pharmaceutical firms are cutting-edge, but remain years away from challenging global heavyweights like AstraZeneca, the company’s CFO said.