Middle East

LNG market disrupted by Red Sea crisis, prices fall sharply

Stability attributed to relatively mild winter, robust stockpiles

LEAP 2024: Takamol Holdings launches $53 million investment fund to empower tech startups

The initiative seeks to advance tech sectors in the Middle East and Africa

Investor confidence high, UAE and Saudi Arabia set for gains this year: EFG Hermes official

Dependence on oil, high inflation rates and external debt are some challenges frontier and emerging markets in the MENA regions face

Key takeaways from the 18th EFG Hermes annual one-on-one conference opening session

Exploring the depth of FEM and the inherent potential of the region

Middle East’s commercial aircraft services market to more than double: Report

Airbus forecasts the delivery of 3,120 new passenger and freight aircraft in the Middle East over the next 20 years

Global commercial aircraft fleet to grow 28 percent by 2034, Middle East fleet to surge by 51 percent: Report

The aviation industry is finally out of recovery mode and on a growth trajectory

GCC infrastructure firms to hold up against 2024 refinancing needs: Report

Continued growth expected in both EBITDA and capital expenditure overall

Oil prices increase following OPEC+ decision to extend output cuts

OPEC+ reiterates commitment to keeping prices above the $80 per barrel mark

Sheikh Hamdan highlights Dubai’s role in advancing human progress at Middle Eastern cities talk

Volunteers honored by Sheikh Hamdan for dedication to 'Day for Dubai' initiative

Saudi CEOs’ confidence in Kingdom’s economic growth, AI Impact reaches 89 percent: Report

GenAI predicted to boost product quality, competitiveness, and workplace efficiency

Oil prices increase amidst Red Sea shipping disruption concerns

Chinese demand recovers supporting market outlook

Gold prices decline as stronger dollar curbs appeal

Persistent uncertainties shape precious metal's performance

Oil prices dip amid dollar strength and inflation concerns

Potential delay in U.S. interest rate cuts impacts crude market

Oil prices slip as U.S. Fed signals delay in interest rate cuts

Fed's cautionary stance weighs on energy markets amid geopolitical tensions

Gold prices retreat from recent highs amid Fed rate uncertainty

Economic data and Fed policy minutes shape investor sentiment in precious metals market

Saudi’s TAQA aims to quadruple investments in 3 years, focus on Egypt

Egypt is creating favorable opportunities for companies interested in investing in the country

Saxo Bank CEO in MENA predicts UAE’s economic growth to surpass 5.5 percent in 2024

Tech investments and financial services are driving growth in the country

Chinese EV company XPENG to expand into UAE

Chinese electric vehicle giant sets sights on EMEA market

Gold prices inch up supported by weakening U.S. dollar

Investors eye U.S. economic data for Insights into Fed's policy outlook

Oil prices rise for second day as U.S. demand prospects brighten

Weakening U.S. dollar may enhance short-term appeal of oil

South Korea’s H2O Hospitality establishes regional headquarters in Abu Dhabi

The new headquarters will serve as a catalyst for the company's international expansion beyond Asia

Gold prices hit one-week high ahead of Fed meeting

Market dynamics and global economic developments shape precious metal's outlook

Oil prices rise amidst geopolitical tensions, uncertain Fed policy

Concerns over shipping attacks and Fed interest rate cuts impact crude futures