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    Simeon Kerr

    Gulf Correspondent

    Email Simeon Kerr @simeonkerr  on Twitter (link opens in a new browser window)

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    • Monday, 27 March, 2023
      Saudi National Bank
      Saudi National Bank chair resigns following Credit Suisse comments

      Swiss lender’s shares fell this month after Ammar Alkhudairy’s remarks

    • Wednesday, 15 March, 2023
      Iran
      Iran’s top security official to visit UAE as regional relations thaw

      Trip by Ali Shamkhani follows China-brokered deal between the Islamic republic and Saudi Arabia

    • Monday, 13 March, 2023
      News in-depthSilicon Valley Bank
      Project Yeti: How HSBC bought Silicon Valley Bank UK for £1

      Prime Minister Rishi Sunak and Bank of England raced to orchestrate a sale

    • Friday, 10 March, 2023
      International Holding Company
      Sheikh Tahnoon’s IHC reports another year of stellar growth

      Abu Dhabi conglomerate’s profits almost triple as emirate’s new regime consolidates power

    • Thursday, 9 March, 2023
      Abu Dhabi Investment Authority
      Sheikh Tahnoon named chair of $790bn Abu Dhabi sovereign wealth fund

      UAE founder’s son — who is both national security adviser and a prominent private sector figure — extends influence

    • Wednesday, 8 March, 2023
      Arif Naqvi
      Abraaj founder fails in final attempt to prevent extradition to the US

      Lawyers for Arif Naqvi claimed he risked being subject to intimidation if he was extradited

    • Monday, 6 March, 2023
      Financial services
      General Atlantic, IHC and Abu Dhabi fund team up on investment firm

      Proposed firm will manage assets for two state-backed funds and International Holding Company

    • Saturday, 4 March, 2023
      Saudi Arabia
      Saudi Arabia looks at tax relief for multinationals relocating HQs

      Lack of clarity on regulatory details from Riyadh creates ‘fear and panic’ among executives

    • Wednesday, 1 March, 2023
      War in Ukraine
      West presses UAE to clamp down on suspected Russia sanctions busting

      Ukraine’s allies visit Gulf state to raise concerns after jump in exports of critical goods

    • Monday, 27 February, 2023
      1Malaysia Development Bhd
      Two Abu Dhabi state funds agree $1.8bn 1MDB settlement

      Agreement draws line under longstanding dispute launched five years ago by Malaysia

    • Friday, 24 February, 2023
      Mergers & Acquisitions
      The low-profile Qatari heir bidding to own Manchester United

      Sheikh Jassim bin Hamad al-Thani comes from huge wealth and has vowed to bring success back to the club

    • Saturday, 11 February, 2023
      P&O Ferries
      P&O launches next restructuring phase after crew sackings

      Shipping group aims to share operations with rival DFDS to keep unprofitable routes running

    • Wednesday, 8 February, 2023
      United Arab Emirates
      UAE grants Russian lender rare banking licence

      Move would meet growing demand for financial services from Russian expatriates in the Gulf state

    • Sunday, 5 February, 2023
      International Holding Company
      The sheikh’s empire driving Abu Dhabi’s meteoric stock market rise

      The once marginal bourse has been transformed by a conglomerate whose growth bankers and analysts say is hard to explain

    • Wednesday, 1 February, 2023
      News in-depthFirst Abu Dhabi Bank
      How First Abu Dhabi Bank pursued Standard Chartered and ‘opened Pandora’s box’

      UAE’s biggest lender could yet revive the deal and its interest might flush out other suitors

    • Friday, 27 January, 2023
      Adani Group
      Adani to launch key share sale in face of fraud allegations

      Fundraising is test of demand from international investors days after report from short seller Hindenburg

    • Saturday, 14 January, 2023
      Climate change
      New COP28 president wants renewable energy generation to triple by 2030

      Sultan al-Jaber says world is ‘way off track’ in meeting its climate goals

    • Friday, 13 January, 2023
      UK inward investment
      UK on course for £10bn of UAE investment after relationship reset

      Minister admits last year’s political chaos potentially slowed pace of inward commitments from the Gulf state

    • Friday, 13 January, 2023
      News in-depthGlobal migration
      How the law finally caught up with notorious human trafficker Kidane

      People smuggler who escaped from an Ethiopian courthouse is recaptured in Sudan and extradited to UAE

    • Thursday, 12 January, 2023
      Climate change
      Abu Dhabi oil chief appointed president of COP28 climate summit

      Sultan al-Jaber’s pivotal role in upcoming Dubai conference sparks concern among green campaigners

    • Sunday, 8 January, 2023
      Middle Eastern companies
      The UAE business that went from obscurity to a $240bn valuation in 3 years

      In 2019, International Holding Company was a little-known company involved in fish farms, food and real estate

    • Friday, 6 January, 2023
      Qatar
      Qatari royals in London court battle over coveted ‘Idol’s Eye’ diamond

      The 70 carat gemstone once owned by an Ottoman sultan is at centre of dispute between members of the al-Thani family

    • Wednesday, 4 January, 2023
      The Big Read
      The new Gulf sovereign wealth fund boom

      Companies are flocking to the Middle East to raise capital just as they did in 2008. But funds say they are being more strategic about investments

    • Sunday, 1 January, 2023
      Dubai
      Dubai suspends 30% tax on alcohol sales to boost tourism

      Emirate seeks to consolidate its position as the Gulf’s travel hotspot

    • Saturday, 24 December, 2022
      News in-depthDubai
      New generation of rich spurs boom in Dubai’s luxurious homes market

      Demand soars since pandemic with owners inundated with requests to sell homes with swimming pools and terraces

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