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
The European Central Bank can no longer look through the inflationary impact of the war in Iran as price pressures spread beyond energy and the risk of unanchored inflation expectations rises, accordi
US artificial intelligence company Anthropic has raised $65 billion in a funding round that trebles the startup’s valuation to almost $1 trillion, leapfrogging rival OpenAI as the world’s most valuabl
Federal Reserve Bank of Kansas City President Jeffrey Schmid has warned that the current global energy shock cannot simply be dismissed as transitory, given already-elevated baseline inflation. Speaki
The European Central Bank can no longer look through the inflationary impact of the war in Iran as price pressures spread beyond energy and the risk of unanchored inflation expectations rises, accordi
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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