Expectations are growing that central banks globally will move to raise interest rates to hedge against an inflationary wave triggered by rising energy prices. Expert forecasts for the Central Bank of
The European Central Bank lifted interest rates for the second time since the Iran war broke out, with a renewed advance in oil prices prompting investors to boost bets on further hikes.
Algeria announced Thursday that it will close its airspace to UAE-registered civilian and military aircraft from midnight Sept. 11, following a decision to sever diplomatic relations with the United A
Asian stocks and bonds dropped following a surge in oil prices, as investors awaited key US inflation data on Friday that may determine whether the Federal Reserve raises interest rates this month.
Qatar is holding talks to purchase liquefied natural gas (LNG) from US suppliers under long-term agreements as the Iran war severely disrupts its ability to serve customers, Bloomberg reported Thursda
In coordination with the National Cyber Security Center (NCSC), the Central Bank of Bahrain (CBB) organized a specialized cyber security awareness event for professionals in the financial services sec
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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