Truce under pressure as Tehran counters US attacks by targeting military installations in Bahrain and Kuwait
Food inflation has fallen to a 15-month low in the UK, according to a trade association of retailers, the latest sign of easing cost pressures that could prevent the Bank of England from raising inter
The UAE and the 12-nation Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are to begin talks on the Gulf state’s proposed entry into the trade bloc. CPTPP officials have
The United States and Iran have stepped back from the brink of all-out war, but the ceasefire that followed nearly four months of fighting is still being tested by flare-ups around the Strait of Hormu
Micron finished the week in the red despite a blockbuster earnings report. But falling oil prices was good news for the fight against inflation.
Oil prices stabilised on 29 June, Monday after the US and Iran reached an agreement to halt their renewed hostilities in the Gulf and committed to resuming negotiations over the Strait of Hormuz.
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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