Abu Dhabi sovereign wealth fund Mubadala Investment Company has raised nearly $2 billion from the sale of 22 million shares in chipmaker GlobalFoundries. The sale took place in a block trade on M
stc Bahrain and Ithmaar Bank Forge Strategic Partnership to Streamline Cloud Financial Management
Beyon Signs Agreement for Kuwait’s Fixed Telecom Network Development Project
Mexico’s central bank cut its estimate for 2026 growth to 1.1% from a previous 1.6%, as investment disappoints amid trade uncertainty and supply-chain disruptions.
Florida Governor Ron DeSantis unveiled a much-awaited proposal to gradually eliminate property taxes on the vast majority of primary homes in the state, a measure that would transform the way the stat
The Trump administration is removing some tariffs on imports from Taiwan to implement parts of a previously agreed trade deal with the US.
Brent holding $80-85 range. OPEC+ discipline intact through Q3. Non-OPEC supply growth slowing. Asian demand forecast revised up 0.4% by IEA.
GCC bank profits up 18% YoY. NIMs stabilizing. Loan growth strongest in Saudi (22%) and UAE (16%). DIFC: 47 new fintech licenses Q1.
Dubai residential transactions hit AED 42B in April — monthly record. Saudi giga-project awards reached $18B Q1.
Gulf VC: $1.2B across 84 deals Q1. Saudi startups 37% of total. Fintech and logistics lead. 3 deals above $50M in Riyadh.
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