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.
Iran’s President Masoud Pezeshkian said the country is in a “full-scale war” and acknowledged the country’s economic difficulties as the US prepares to ramp up sanctions on it. “We are apologetic that
The Central Bank of Egypt (CBE) expects inflation to begin declining gradually from the first quarter (Q1) of 2027 and approach its target of 7% (±2%) during the second half of the year. The CBE said
Alshaya Group, the leading international franchise retail operator in the region, announced the launch of Chipotle Mexican Grill (NYSE: CMG) in the Kingdom of Saudi Arabia with its first restaurant op
Saudi Arabia is yet again being forced to overhaul how its oil gets to customers around the world as Yemen’s Houthis make it harder for Riyadh to use a backup route that’s been vital to the global eco
The United States and Iran have escalated their rhetoric ahead of expected new American economic sanctions, which Washington describes as the “harshest in history”, amid persistent military threats an
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