Russia’s central bank said policymakers may pause an easing cycle that’s lasted a year as fiscal uncertainty and fuel-market pressures counter the inflation relief from a stronger ruble spurred by the
Altérra, the UAE’s $30 billion climate investment fund, has bought into Inkia Energy, Peru’s largest independent power producer, as the Gulf entity seeks to expand its global portfolio. This is Altérr
Oil prices tumble as markets bet on a Hormuz reopening despite slow tanker movements following the U.S.-Iran ceasefire. Friday, June 19, 2026 The signing of the US-Iran ceasefire agreement might pro
Uber co-founder Travis Kalanick has told AGBI that his latest Middle Eastern venture is ready to list on the Saudi stock market. Kalanick, the CEO and founder of AI and robotics company Atoms, said th
August WTI crude oil futures posted a steep decline during the week ending June 19 as traders aggressively removed geopolitical risk premium from the market following a breakthrough agreement between
The Czech prime minister heightened his public criticism of the central bank’s tight monetary policy, saying its latest move to raise interest rates will hurt the economy.
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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