The UAE’s crude oil and condensate exports climbed to a record high in June, as production recovered from recent regional disruptions ADNOC increased shipments to customers across Asia, Europe, and Af
Bank of Baroda, one of India’s largest lenders, has agreed a $600 million out-of-court settlement in the NMC Health fraud case. The India-listed bank was one of three defendants in the $5.4 billion cl
Siemens and IFS have formed a partnership to help manufacturers adopt AI for improved productivity and optimised operations.
Oil prices declined for a third consecutive day on 2 July, Thursday, as indirect negotiations between the US and Iran concluded in Doha, Qatar, without progress towards a lasting peace agreement.
“KNDS and its shareholders will continue to monitor the capital markets conditions closely and stand ready to resume the IPO process," the company said.
The European Central Bank was correct to raise interest rates when it did last month, President Christine Lagarde told Les Echos.
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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