India’s central bank is emerging as one of Asia’s monetary policy holdouts, confident the latest oil shock won’t derail economic growth or fuel the kind of persistent inflation that would warrant high
Mobility fintech Moove has raised $250 million through a funding round led by Abu Dhabi’s Mubadala, aiming to drive an expansion of the company’s autonomous vehicle business. The Series C fundin
Federal Reserve Bank of San Francisco President Mary Daly said she supported the central bank’s decision to keep interest rates on hold last week, but warned of the possibility that high inflation is
Capital Letter is Frank Kane’s weekly series on Abu Dhabi’s money, power and ambition In Abu Dhabi’s corridors of power this week, a big topic of conversation has been Adnoc’s announcement that it wil
Argentina secured a key source of reserves through the 2027 presidential election after the central bank renewed its roughly $19 billion currency swap with the People’s Bank of China for five years.
Several Indian refiners have recently bought crude from Oman and West Africa via tenders, trade sources told Reuters on Wednesday, as term supplies from the Middle East remain choked by the shipping c
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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