UAE logistics company Gulftainer has accelerated the expansion of Khor Fakkan Port in Sharjah after the Iran conflict triggered a surge in container traffic. Group chief executive Farid Belbouab said
A Qatari liquefied natural gas carrier was hit and a laden Saudi oil tanker suffered damage as they exited the Strait of Hormuz, heightening unease among shipowners and testing a US-Iran agreement to
Iraq can leapfrog from cash to mobile-first banking if it builds the trust and infrastructure needed to make digital finance part of daily life, a fintech executive has told AGBI. First Iraqi Ban
Adnoc Distribution is considering further acquisitions in Africa and Southeast Asia following a deal to buy Shell’s South African fuel retail business, a senior executive told AGBI. The group, a subsi
Kuwait’s stock market retreated in the first half of 2026 as the regional conflict, weaker liquidity and softer oil prices curbed investor appetite. The market lost nearly $4 billion in value in the f
Oil prices surged over 7% to a two-week high on Wednesday after U.S. President Donald Trump declared that the interim ceasefire agreement with Iran is officially over and dismissed the recently signed
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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