Canadian consumer confidence showed little sign of improvement in late September, as uncertainty over oil prices and a riskier interest rate outlook continued to weigh on households that were already
The Governor of the Central Bank of Bahrain (CBB), HE Khalid Humaidan, received Mr. Faisal Aljalahma, CEO for the Kingdom of Bahrain and Board Member of Tanami, and Dr. Nawaf Almaskati, CEO for Saudi
Yemeni Information Minister Moammar al-Eryani warned civil aviation authorities and international airlines of the Huthi group’s use of Iranian air defense weapons that have been converted into cruise
Zimbabwe’s central bank reduced its interest rate for a second time in a row, bucking a global trend toward keeping borrowing costs higher for longer as the US-Iran standoff keeps energy prices elevat
Rising bond yields will curb economic expansion and limit the transfer of elevated energy costs to inflation, European Central Bank President Christine Lagarde said.
Oil prices rebounded from their recent slide on fears of U.S.-Iran escalation after attempts at diplomacy yielded mixed results, with speeches by leaders on both sides laced with threats and belligere
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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