Egypt and China issued a comprehensive joint statement reaffirming their shared commitment to stability in the Middle East, calling for a permanent ceasefire in the Gaza Strip, and urging the unhinder
South Africa’s central bank chief Lesetja Kganyago said policymakers can afford to respond cautiously to the aftereffects of inflation shocks such as higher oil prices caused by the Iran war and a loo
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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.