Oil prices fell in early Friday trade, following a five-day streak of gains, after the US said it would unveil its latest economic sanctions on Iran on Monday. Brent crude futures lost 34 cents, or 0.
Saudi Arabia has boosted its crude oil exports from Egypt’s Mediterranean port of Sidi Kerir by about 33% in the month since the Houthis threatened Saudi oil shipments in the southern Red Sea and the
Canadian Prime Minister Mark Carney is on the brink of a trade pact with the US. His next challenge will be convincing his country that swallowing some tariffs is worth the greater economic certainty
China's energy strategy has largely shielded it from the fallout of the war in Iran and the resultant closure of the Strait of Hormuz, a vital artery for global oil and gas trade. However, the country
A key measure of euro-area pay growth eased, offering further relief to the European Central Bank as it assesses inflation risks from the Iran war.
By Menna AlaaElDin and Kanishka SinghCAIRO/WASHINGTON, Aug 22 (Reuters) - The United States and Iran exchanged defiant messages ahead of Monday's scheduled announcement of new U.S. economic sanctions
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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