Oil prices surged again in early Asian trade on Thursday after Iran declared the Strait of Hormuz closed following a fresh round of U.S. strikes on the country. At the time of writing, Brent crude had
The Bank of Canada held its key interest rate but reiterated that US trade uncertainty and the Iran war may mean it needs to either cut or deliver consecutive hikes to keep inflation stable.
As the conflict in the Middle East crosses 100 days, the current boil-up brings two major risks: collateral damage to the region’s energy infrastructure and the derailment of the ceasefire and ongoing
Bahrain and UAE Central Bank Governors Discuss Enhancing Financial and Monetary Cooperation
Manama: Sayyid Badr bin Hamad Al Busaidi, Foreign Minister held a bilateral meeting with Anita Anand, Canadian Minister of Foreign Affairs on the sidelines...
Iran war latest: Iran's IRGC claims counter-attacks on US military sites in Bahrain, Jordan and Kuwait
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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