The UAE Foreign Affairs Ministry said it has suspended all trade activities, commercial exchanges and financial transactions with Iran until further notice. It said in a statement that it was due to “
Saudi Arabia has opened another luxury resort on its Red Sea coast, pressing ahead with a major tourism expansion even as the Iran conflict weighs on regional travel. Red Sea Global (RSG), the giga-pr
Saudi Aramco will supply full contractual crude volumes to at least three European refiners in September, offering deliveries from Egypt, Saudi Arabia and through ship-to-ship transfers off Malta as t
India’s policymakers opted to wait for more clarity on inflation before changing interest rates even as one of them saw a case for a hike later in the year, minutes of the central bank’s Aug. 3-5 meet
Qatar is planning to establish its first electric vehicle manufacturing plant, as it looks to join Saudi Arabia and the UAE in developing a domestic automotive industry. Qatar-based JTA International
The United Arab Emirates (UAE) is halting all trade, financial, and commercial ties with Iran until further notice, after saying Tehran had fired ballistic missiles targeting its territory. Late on Tu
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.
Upgrade to Premium — $25/mo
✓ Executive Summary ✓ Deep Analysis & Trade Implications ✓ Premium Alerts ✓ 24/7 AI Analyst via WhatsApp ✓ Sector Deep-Dives