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Bank of Israel at crossroads in upcoming interest-rate decision
The Bank of Israel is at a crossroads in its upcoming interest-rate decision, as analysts are divided between…
Gulf stock markets surge in early trade on rate cut bets
Gulf stock markets rose on Thursday on optimism about potential US interest rate cuts, despite uncertainty about…
UAE’s Lunate acquires 40% in ADNOC pipelines
Lunate, an Abu Dhabi-based alternative investor, acquired a 40 per cent stake in ADNOC assets from BlackRock and…
Gulf stocks mostly fall amid US rate concerns
Gulf stock markets went mostly down in early trade on Wednesday, as investors assessed the possibility of the US…
UAE’s non-oil private sector sees robust growth in March
UAE's non-oil private sector saw robust growth in March, driven by a surge in new orders, despite challenges like…
ADNOC prioritises Murban over Zakum
UAE's Upper Zakum crude exports dropped significantly as Abu Dhabi National Oil Company (ADNOC) prioritised…
QatarEnergy to expand fleet with extra 19 LNG vessels
State-owned QatarEnergy announced the successful conclusion of several charter contracts with various Asian ship…
Saudi Arabia records SAR13b FDI in Q4 -’23
Saudi Arabia saw a net inflow of foreign direct investment (FDI) totalling more than SAR 13 billion during the…
Saudi Arabia unemployment stands at 7.7% in Q4 -’23
The unemployment rate for Saudis stood at 7.7 per cent in Q4-2023, as reported by the General Authority for…
Gulf stocks fall on Wednesday due to lower oil prices
Gulf stock markets fell on Wednesday due to declining oil prices, influenced by a rise in US crude stockpiles and…