Oil prices edged lower in early Friday trade after Qatar and Iran discussed ways to de-escalate the regional conflict and restart Washington-Tehran peace talks. Brent crude futures fell 0.4 percent to
Six months after the US-Iran war began, the Gulf economy is operating on a reshaped economic landscape. The conflict has disrupted energy exports, shipping, aviation, real estate, tourism and the stoc
WTI crude oil futures were trading at $83.51 late Thursday, down $3.13, or 3.61%, for the week. The market opened near the weekly high at $86.57, then broke to $79.62 as traders sold on reports that I
The Central Bank of Egypt confirmed that recent United States measures imposed on Banque Misr’s branch in the United Arab Emirates, in connection with economic restrictions on Iran, will not impact th
By Eman Abouhassira and Yasmine Ghania DUBAI/CAIRO, Aug 29 (Reuters) - Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader calling on the governm
The Qatar Investment Authority (QIA) has invested in the latest funding round of US-based Gatik as the autonomous trucking and delivery company scales its freight operations across North America. The
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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