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Oil and gas
Markets
Oil prices steady amid caution over rate decision and inflation despite significant inventory decline
Brent oil futures for July delivery held steady at $83.61 per barrel
Markets
Oil prices climb on demand optimism, OPEC+ cuts eyed
Brent crude futures for July delivery rose 0.3 percent to $84.51 per barrel
Markets
Oil prices maintain stability following recovery from 3-month low, investors await inflation data
Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel
Industry
Make it in the Emirates: UAE’s ADNOC expands in-country value program, aims for $24.5 billion in local manufacturing by 2030
This is up from the previous target of $19 billion by 2027
Economy
Saudi Arabia maintains ‘A1’ credit rating with positive outlook amid successful economic reforms: Report
The rating reflects the government's significant progress in implementing a broad-based reform agenda since 2016
Bahrain
Bahrain’s credit rating affirmed at ‘B+/B’ with stable outlook: Report
The report forecasts an upgrade for Bahrain if the government substantially lowers net debt-to-GDP via improved budgets
Markets
Oil prices bounce back slightly as traders eye U.S. inflation report, upcoming OPEC+ meeting
Brent oil futures for July delivery gained 0.1 percent to $82.22 per barrel
Saudi Arabia’s E&P investments to reach $7 billion in 2025: Report
By 2025, the Kingdom is expected to account for 67 percent of the MENA region's total E&P expenditure
Markets
Oil prices hover near multi-month lows, poised for weekly decline on rate hike concerns
Brent crude oil futures for July delivery fell 0.1 percent to $81.31 per barrel
Economy
Sharjah’s GDP surges 6.5 percent to $39.5 billion in 2023
Non-oil sectors also saw a significant 7.1 percent increase, reaching $38.79 billion in 2023
Markets
Oil prices dip amid concerns over prolonged high U.S. rates, weaker demand
Brent crude oil futures expiring in July declined 0.7 percent to $81.35 per barrel
Markets
Oil prices continue downward slide amid rising U.S. stockpiles, jitters over interest rate hikes
Brent crude oil futures expiring in July slid 0.6 percent to $82.40 per barrel
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