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
Egyptian Minister of Electricity and Renewable Energy Mahmoud Esmat and the CEO of the UAE’s Abu Dhabi Future Energy Company (Masdar), Mohamed Jameel Al Ramahi, reviewed the progress of large-scale wi
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
Saudi Arabia’s New Murabba has replaced its chief executive, at a time when the kingdom is reassessing its spending and priorities across its portfolio of giga-projects. Sabah Barakat, a senior execut
Oil holds near $90 despite sweeping Iran sanctions as uncertainty over Hormuz transits keeps markets on edge. Friday, August 28, 2026 The US announcement of ‘toughest sanctions in history’ against Ira
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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