Digital banking group Revolut is going all-in on the UAE after receiving regulatory approval to offer accounts, cards and international money transfers, alongside preliminary approval for cryptocurren
Oil prices continued to trend lower in early Asian trade on Tuesday as a fourth night passed without any attacks from either Iran or the United States. At the time of writing, WTI crude was trading at
Crude oil prices are retreating after Brent hit $100 again last week as the United States and Iran took a break from hostilities over the weekend. Yet with the outcome of the war still highly uncertai
Qatar's new diamond exchange is an effort to diversify from the country's main exports, LNG and petroleum products, which have been severely cut as a result of the Iran war and the Strait of
Oil prices dropped on Monday despite a Houthi attack on Saudi oil installations after the US and Iran paused fighting in the Arabian Gulf over the weekend, raising hopes the countries will return to t
Saudi Tadawul Group, which owns and operates the kingdom’s stock exchange, reported higher second-quarter profit as the regional war failed to dent operating revenue. Net profit rose 66 percent to SAR
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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