UAE joins Oman, Iraq, Azerbaijan, Georgia and Turkmenistan in restricting access to Iranian airlines.
Egyptian Foreign Minister Badr Abdelatty called for continued diplomatic efforts to contain escalation over Iran’s nuclear programme, while separately discussing increased British investment, trade, S
Ghana’s central bank maintained its key interest rate for a third straight meeting as the wars in Ukraine and Iran keep grain and energy prices elevated, threatening to push inflation higher.
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold its sixth scheduled meeting of the year on Thursday to decide on its key policy rates, a major indicator of the near-term di
Mexico’s central bank kept interest rates unchanged for a third straight meeting as it assesses whether a recent slowdown in inflation will continue.
Vitol has bought at least 25 million barrels of Iraqi crude for September loading, making the world’s largest independent oil trader Iraq’s second-biggest buyer behind ADNOC as Baghdad pays steep disc
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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