ADNOC Logistics and Services (L&S), a subsidiary of ADNOC, has signed a contract worth approximately $900m (Dh3.3bn) with Jiangnan Shipyard for the construction of four new liquefied natural gas (LNG)
Oil prices jumped more than 8% on Monday after U.S. President Donald Trump announced the United States would reinstate its blockade on Iran, forcing traders to once again price in the risk of prolonge
Abu Dhabi future energy company Masdar has secured funding for its $6 billion solar and battery storage project, designed to deliver renewable electricity around the clock. Masdar said the $
Re-exports helped Oman to maintain its trade surplus during the first four months of 2026, despite the disruption arising from the US-Israeli war with Iran. A surge of 67 percent for re-exports, to OM
Oil prices climbed by more than 3% on 13 July, Monday, following renewed military exchanges between the US and Iran, prompting concerns over the security of global energy shipments through the Strait
Oman is seeking billions of dollars in foreign investment to develop a series of new cities and urban regeneration projects worth more than $16 billion, as the sultanate accelerates efforts to diversi
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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