Qatari Diar, the real estate arm of Doha’s sovereign wealth fund, has appointed the US architecture firm behind Dubai’s Burj Khalifa to design the masterplan of a smart city project on Egypt’s Mediter
Euro-area firms were confronted with higher interest rates and tighter lending conditions in the second quarter when the Iran war clouded the region’s economic outlook, according to a survey published
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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.