Middle East

Oil prices slide on stronger dollar, potential Middle East tensions alleviation

Declining gasoline supply in the U.S. indicates potential slowdown in crude demand

42 percent of UAE companies adopt AI in business operations: Study

Insights highlight impact of AI in driving efficiency and enhancing consumer experiences

EFG Hermes concludes advisory on Cenomi retail’s sale of a portfolio of fashion brands to Abdullah Al-Othaim Fashion

In December 2023, Cenomi Retail acquired 100 percent of the share capital of Innovative Outfit Trading Company

Oil prices hold near four-and-a-half month high on reduced exports, market caution

Surging prices fueled by refinery activity, China demand, and Middle East disruptions

ADNEC to organize Bitcoin MENA Conference 2024: Uniting global industry leaders in Abu Dhabi

The event will discuss the potential, challenges, and innovations within the evolving Bitcoin ecosystem

Oil surges as U.S. inventory draw exceeds expectations, OPEC forecasts strong demand

Concerns over China's economic weakness continue to impact oil market

Gold prices set for largest weekly jump in 5 months

Federal Reserve signals drive gold to historic highs

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