The European Central Bank is in a “good position” following an interest-rate hike last month and data showing inflation has eased with the slump in oil prices, Governing Council member Emmanuel Moulin
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
Muscat: India's External Affairs Minister Dr S. Jaishankar will undertake an official visit to Qatar, Bahrain, Kuwait and Oman from July 5 to 10, during...
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.
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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