Oil prices fell in early Friday trade, driven by hopes for a possible extension of the US-Iran ceasefire. Brent crude futures were down 1.2 percent at $92.57 a barrel by 02:30 GMT, while US West Texas
Oil prices surged nearly 4 percent early on Thursday after the US attacked an Iranian military site late the previous day and Iran retaliated with strikes on an American airbase, despite a fragile cea
Hopes that a ceasefire deal could pave the way for an end to the Iran conflict drove stocks to a historic streak of weekly gains, with the market also buoyed by the artificial-intelligence trade.
Inflation stayed well above 2% in the euro zone’s four top economies, backing the case for the European Central Bank to raise interest rates for the first time since 2023.
Brent crude is heading for its biggest weekly drop in two months as markets bet on a 60-day ceasefire extension and partial reopening of the Strait of Hormuz. ICE Brent is set to post its largest week
India's economy remains resilient to the external shocks, but the oil price surge amid the global supply disruption poses near-term downside risks to economic growth and upside risks to inflation
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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