Middle East
New openings to bolster its position as a leading hospitality brand in the region
Innovative offers – from jet to yacht experience – continue to excite guests from around the world
The company is behind the innovative and immersive experiences on Yas and Saadiyat Islands
Middle Eastern destinations, including Dubai, Abu Dhabi, and emerging hotspots like Riyadh and Ras Al Khaimah, saw significant tourist inflows in 2023
In April, SCZONE laid the foundation stone of the Xinxing Ductile Iron Pipes Corporation’s factory
OPEC+ is likely to extend its voluntary oil output cuts of 2.2 million barrels per day beyond June
Diminishing geopolitical concerns and a reevaluation of interest rate expectations impact bullion
Surprise increase in U.S. crude inventories and prospects of a ceasefire in the Middle East add downward pressure on prices
U.S. crude production escalates to 13.15 million barrels per day in February
Market expectations for any rate cuts have been pushed out, which could boost the U.S. dollar and potentially dampen oil demand and prices
Gold lost 2.2 percent last week amidst easing tensions in the Middle East
