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
Oil prices edge higher as Hormuz diplomacy, soaring freight costs and diesel market fears drive a widening Brent-WTI spread. Oil prices are set for a slight 2% weekly gain, despite rumours that this w
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
Iranian news agency ISNA reported on Thursday that all flights by Iranian airlines heading to the United Arab Emirates have been canceled effective midnight last night. This development follows a new
Asset World Corp Pcl’s new Thai Real Estate Investment Trust aims to raise at least $1 billion through a listing as it seeks funds to expand its hotel and commercial property business, according to a
Egypt stressed Friday the need to resume negotiations between the US and Iran and halt escalation in the straits of Hormuz and Bab el-Mandeb during separate meetings between Egyptian Foreign Minister
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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