Muscat: Oman’s Civil Aviation Authority has approved Saudi Airlines to operate three direct weekly flights between Muscat and Riyadh, starting October 27,...
On the afternoon of July 25, the Greek-owned supertanker Kiku docked at Qatar’s Mesaieed oil export terminal, a massive, 30-berth port on the country’s west coast, 25 miles south of Doha. Four days la
Global bond yields climbed back to the highest level in almost two decades as rising oil prices fuel inflation concerns and investors ramp up expectations that the Federal Reserve will raise interest
New Zealand’s central bank is poised to raise its key interest rate for a second straight meeting as it aims to head off emerging inflationary pressures.
Indian Prime Minister Narendra Modi (L) holds a bilateral meeting with Iranian President Masoud Pezeshkian (R) on the sidelines of the Shanghai Cooperation Organization (SCO) Summit in Bishkek, Kyrgyz
The UAE Central Bank is investigating the local branches of Egypt’s Banque Misr after the US accused the lender of funnelling nearly $2 billion for Iran since 2024. The US Treasury Department proposed
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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