Dubaiβs DP World has secured funding from the European Bank for Reconstruction and Development (EBRD) and the European Union for a green initiative to cut emissions at Romaniaβs ConstanΘa Port on the
A narrow majority of economists expect Bank Indonesia to raise interest rates again to support the rupiah and contain inflation, even as the economy slows.
Oil prices continued to climb in early Asian trade on Wednesday as the renewed hostilities between the United States and Iran showed no signs of slowing.Β At the time of writing, Brent crude was tradi
Shipping disruption:Β Houthi threats forced two Saudi oil tankers to turn around in the Red Sea as Hormuz traffic slowed sharply after more tanker attacks. Escalation in Gulf:Β Iran claimed strikes on i
Sri Lankaβs central bank kept its benchmark interest rate unchanged, balancing the need to bring inflation back to target while supporting economic growth as renewed conflict between the US and Iran c
Russia halted auctions of domestic government bonds after a series of failed sales amid speculation the central bank may pause a year-long monetary easing cycle.
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 β 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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