Saudi Arabia’s Public Investment Fund increased its share of the kingdom’s non-oil economy last year by nearly $100 billion, as the sovereign wealth fund continued to invest heavily at home and expand
Flydubai has resumed flying over Iranian airspace for the first time since the outbreak of the Iran conflict – although Dubai-based Emirates continues to avoid the country. The UAE low-cost carrier is
The proposed Libya–Egypt crude oil pipeline has, surprisingly quickly, entered a phase in which Cairo and Tripoli are actively discussing it. The pipeline, expected to be 800 kilometers long, will con
Amman: Jordan looks forward to expanding cooperation with China into areas such as green energy, scientific innovation, tourism and civil aviation, said...
Nigeria’s inflation rate fell in July, raising expectations that the central bank may resume cutting interest rates from as early as next month.
Oil prices held gains on Monday as the stalemate over the Strait of Hormuz continued, while US President Donald Trump urged Americans to brace for higher fuel costs. Brent crude futures were up 92 cen
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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