Iraq has secured $900 million from the World Bank to develop its roads infrastructure, supporting integration with Turkey, Jordan and Syria. The funding falls within the Iraq transport economic corrid
Future Fund Oman (FFO) is to invest OMR570 million ($1.5 billion) in several vital sectors in the sultanate. The package, to be unveiled on Tuesday, will focus on renewable energy, industry and techno
The price of crude oil rose almost 4 percent in early Monday trade after Israel and Iran renewed attacks, jeopardising the possibility of a peace deal and a reopening of the Strait of Hormuz. US crude
Lebanon has officially inaugurated its second international airport, renovated nearly 90 years after it was built by the French colonial army. Prime Minister Nawaf Salam on Saturday flew aboard the fi
Traders worry that new strikes could escalate into a return to all-out conflict in Middle East
Bahrain and UAE Central Bank Governors Discuss Enhancing Financial and Monetary Cooperation
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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