U.S. airlines stand to save billions in dollars on jet fuel costs after the US-Iran peace deal sent oil prices sharply lower. Brent crude was trading at $79.22 per barrel at 6.05 am ET on Monday, near
The European Central Bank doesn’t need to react more forcefully to the fallout from the Middle East conflict because inflation is set to return to target over the medium term, President Christine Laga
US footwear company Skechers will build its first African factory in Algeria under an agreement it signed with a local partner. The plant will produce 300,000 pairs of shoes a year in the first phase,
In an exclusive thought leadership article ahead of NOG Energy Week, His Excellency Haitham Al Ghais, OPEC Secretary General, highlights six high-level takeaways on the need to maintain a long-term fo
Rubio to visit UAE, Kuwait, Bahrain to discuss Iran deal
Qatar said an incident during the startup of the Ras Laffan industrial complex resulted in a blast that has injured dozens, underscoring the risks to Middle East energy facilities as they ramp up prod
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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