Morocco is not planning to let UK-based digital lender Revolut enter its banking market, the head of the North African country’s central bank has said. The services offered by the fintech are al
Oil prices remain headline-driven, taking direction from escalation and de-escalation in the U.S-Iran conflict in the near term. The first round of talks between the United States and Iran in Switzerl
The top priority for the European Central Bank is keeping inflation in check, a task that’s becoming a little easier as oil prices retreat, according to Governing Council member Ante Zigman.
Saudi Arabia has begun accepting applications by non-Saudis to purchase property after the cabinet approved the law and designated geographic areas for ownership. The decision came days after the US a
Oman has established a temporary maritime corridor for all vessels seeking to transit the Strait of Hormuz without paying a fee. The route has been set up in coordination with the International Mariti
The United States and Qatar have once again warned the European Union against doubling down on climate policies seeking to penalize the LNG industry, saying that if it continues on this course, the EU
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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