Oil prices fell by more than 2% in early Asian trade on Monday as traders took profits and markets awaited details of a new U.S. sanctions package against Iran. At the time of writing, WTI futures wer
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.
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
By Yasmine Ghania and Kanishka Singh CAIRO/WASHINGTON, Aug 24 (Reuters) - The U.S. threatened Iran with what it called "the greatest financial offensive ever marshalled" as it prepared to roll out eco
International investors have lowered their assessment of investment risk in Egypt to its lowest level since 2014 in response to recent economic reforms, Finance Minister Ahmed Kouchouk said. Speaking
Iranian President Masoud Pezeshkian has defended a new memorandum of understanding with the United States as the “best way” for the country to overcome a state of “no war, no peace,” citing the urgent
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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