Oil surges on Tuesday’s opening
Oil surged on Tuesday as China's economy outpaced expectations and tensions escalated in the Middle East.
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middle east
Dollar remains steady, yen declines
The dollar remained stable on Monday, maintaining its largest weekly gain since 2022, supported by expectations of…
Gulf markets mixed following Iran’s attack on Israel
Gulf markets were mixed on Monday following Iran's attack on Israel, raising concerns about a broader regional…
AFC raises $1.16b syndicated loan to close Africa infrastructure gap
AFC, the main provider of infrastructure solutions in Africa, has closed its largest-ever debt facility, a $1.16…
Oil prices up amid tensions, supply concern
Oil prices saw an uptick in early Asian trading on Monday due to worries about a tightening global supply,…
Telecom Egypt, EXA sign pact to boost data traffic – Cabinet statement
Telecom Egypt and EXA Infrastructure signed an agreement to consolidate international data traffic vi "WeConnect",…
Oman plans IPO for state-owned logistics company
The Oman Investment Authority (OIA) is in the process of planning an initial public offering (IPO) for Asyad Group,…
Singapore witnesses 8% increase in middle distillates stockpiles
Singapore witnessed an 8 per cent increase in middle distillates stockpiles, reaching a high not seen since…
Middle East to become sole region boasting $3tn funds
The Middle East, abundant in oil wealth, is on the brink of becoming the sole region boasting three trillion-dollar…
Mercedes forecasts sales drop amid global tensions
Mercedes-Benz predicted a drop in sales returns for its cars and vans division in 2024, according to a Thursday…
