Oil prices remain stuck in a tight range as traders look past geopolitical headlines and wait for clarity on the fragile U.S.-Iran ceasefire. Friday, July 03, 2026 Following weeks of extremely volatil
New levies on multinational companies and a “sin tax” on harmful products are forecast to earn Kuwait record high non-oil revenues in the next fiscal year, helping to reduce the Gulf state
Egypt is seeking more investment into its oil and gas sector from UAE oil major Adnoc. The country is trying to revive exploration and lift domestic production and officials have highlighted opportuni
SGE SA, a developer of small nuclear plants backed by Polish billionaire Michal Solowow, is planning a £35 billion ($46 billion) fleet in the UK with the first units expected to start up in 2034.
The European Central Bank is in a comfortable situation after last month’s interest-rate increase as the falling oil price eases price pressures in the euro zone, Governing Council member Emmanuel Mou
Trans Mountain Corp., a pipeline operator owned by the Canadian government, has been tapped to build a new export conduit connecting Alberta’s oil sands to a Vancouver-area port, Prime Minister Mark C
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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