Oman reveals scope of Al Najd Agricultural City
The International Maritime Organization (IMO) has suspended efforts to evacuate ships through the Strait of Hormuz following an attack on a cargo vessel. The strike sparked a brief increase in oil pri
The International Maritime Organization (IMO) has suspended efforts to evacuate ships through the Strait of Hormuz following an attack on a cargo vessel. The strike sparked a brief increase in oil pri
Crude oil prices are in freefall after the United States and Iran agreed on a ceasefire, set to last 60 days. Traders expect the ceasefire to unleash an avalanche of crude, and indeed, tankers are lea
Chinaβs central bank held its debut overnight operation but didnβt disclose the rate of interest it charged commercial lenders, in a surprise move to traders awaiting guidance on borrowing costs.
Australian central bank Assistant Governor Chris Kent said the institution will be better prepared to respond to the next crisis it faces following a review of alternative monetary policy tools. In a
There are worse ways to escape the anxieties of wartime in Dubai than behind the wheel of a powerful sports car. When I took the Aston Martin Vantage for a weekend test drive, missiles were still occa
The Iran war has changed perceptions of energy markets, according to former US secretary of state John Kerry, with oil and gas viewed as vulnerable to trade choke points while sources like solar and w
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 β 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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