Oil prices rose for a fifth straight session in early trading on Thursday after US President Donald Trump warned of “economic consequences” for any country that supports or provides a lifeline to Iran
South Korea’s exports maintained their strong growth in early August, offering further evidence that artificial intelligence-driven demand is powering the economy and supporting the case for further i
New Zealand’s trade deficit ballooned to the biggest in almost two years in July as soaring oil prices pushed imports to a record high.
A senior Iranian commander said Saudi Arabia will be unable to the defeat the Yemeni group as the conflict intensifies.
By Jana Choukeir and Susan HeaveyDUBAI/WASHINGTON, Aug 21 (Reuters) - U.S. Treasury chief Scott Bessent said the United States will impose "the toughest sanctions in history" on Iran, a move he sugges
By Daphne Psaledakis and Michael MartinaWASHINGTON, Aug 20 (Reuters) - The United States on Thursday issued fresh sanctions targeting Lebanon's Hezbollah, including re-designating it over actions on b
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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