Egyptian workers abroad sent home around $43 billion in the first 11 months of the 2025-2026 fiscal year, the highest level in the country’s history. The elimination of the currency black market and a
Federal Reserve policymakers again vowed to deliver price stability even as inflation remains well above the central bank’s 2% target, making the pledge in the central bank’s semiannual Monetary Polic
Qatar looks set to lose its newly regained title as the world’s second-largest exporter of liquefied natural gas (LNG) following Iranian attacks on its infrastructure. The Gulf state shipped nearly a
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
Turkey’s central bank wants to see more evidence of slowing inflation and clarity on the Iran conflict before resuming monetary easing, Governor Fatih Karahan has told investors.
Europeans are showing a durable shift in savings habits toward products such as investment funds that might one day help support greater spending, ING economists said.
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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