ADNOC is buying tens of millions of barrels of deeply discounted Iraqi crude, processing much of it at home and freeing more of its own barrels for export through a route that avoids the Strait of Hor
Egyptian President Abdel Fattah Al-Sisi received Saudi Crown Prince and Prime Minister Mohammed bin Salman in Cairo on Tuesday during a working visit focused on bilateral relations, regional security,
Syrian President Ahmad al-Sharaa stated on Tuesday that Syria was “born again” after sanctions against the country were lifted, saying their removal opened the way for economic recovery, foreign inves
Back in late June, after the United States and Iran agreed to cease hostilities in the Persian Gulf for 60 days, oil prices took a dive. Two months later, Brent is trading at over $107 per barrel, and
As part of the Kingdom of Bahrain’s Presidency of the 46th Session of the Gulf Cooperation Council, the Sixth Meeting of the Preparatory Committee of the GCC Central Bank Governors’ Committee was held
US military says 103 commercial ships redirected in Iran blockade US Central Command said it has redirected 103 commercial vessels since the US enforced a naval blockade against Iran. Centcom added th
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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