Could UAE tap US currency swap line as Iran war strains Gulf economies? The Gulf country apparently wanted reassurances from Washington in case its economy is severely damaged by the Iran war. United Arab Emirates
Why are Wall Street banks posting record profits amid Iran war? The US-Israel-Iran war has roiled the global economy since Feb. 28, but the resulting market volatility has boosted trading profits for some. Iran
Analysis Ceasefire without relief: How Iranians are grappling with post-war repression Despite the ceasefire, pressure is mounting inside Iran: arrests are rising, the internet remains largely shut down, and millions face deep economic uncertainty. By A correspondent in Tehran In Tehran, reporting on politics
Iran names US tech, finance firms in new Middle East threat list Firms listed as potential targets included Oracle, Microsoft, Apple, Google, Meta, IBM, Palantir and Nvidia, while banking giant JPMorgan and UAE-based AI firm G42 were also listed. Iran
Analysis Iran war tests Gulf dealmaking as foreign investors assess risks By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis How long can markets hold their bet on Gulf resilience as war drags on? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Group of 32 states to release 400M barrels of oil reserves: What to know By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Middle East markets rally after Donald Trump's election victory Saudi Arabia’s benchmark index, the TASI, gained 0.9%, while Dubai's main share index gained 0.5%. The Abu Dhabi Securities Exchange, a key player in the region’s stock markets, gained 0.4%. United States
Saudi Aramco in 'advanced' talks on hydrogen offtake as Q3 income drops 15.3% Aramco's Q3 net income fell 15.3% to $27.6 billion on low oil prices. Aramco is looking to expand into new business areas such as renewables and hydrogen. Saudi Arabia
China to issue up to $2B in bonds in Saudi Arabia as business ties deepen The two countries have been deepening economic and trade ties to help each other meet strategic initiatives such as China’s Belt and Road Initiative with Saudi Arabia’s Vision 2030 plan. Saudi Arabia
Saudi Arabia's PIF signs $51B in MoUs with Japanese banks amid Asia push The signings come amid the Future Investment Initiative this week in Riyadh, which attracted hundreds of international companies and investors to the kingdom. Saudi Arabia
Saudi Arabia's NEOM attracts $16B in private financing over 2 years Saudi Arabia's flagship sustainability project has attracted substantial private investments and is looking for more. Saudi Arabia
Analysis What to make of Iran's 200% defense budget increase amid Israel tensions The planned increase comes despite a widening deficit and record inflation rates, and after reports suggesting severe damage to Iran's air defense installations and missile production centers in the recent Israeli strike. By A correspondent in Tehran In Tehran, reporting on politics
In first, Saudi Arabia to begin trading China-focused ETF: What we know The ETF, which will begin trading on the Saudi Stock Exchange, has raised more than $1.2 billion. China
Saudi's PIF downsizes foreign investment, turns to AI, domestic priorities Saudi Arabia's sovereign wealth fund is looking to invest in tourism, real estate and sustainability as its Vision 2030 deadline draws closer. Saudi Arabia
Saudi Arabia pushes for Africa debt relief as private investments set to reach $25B Saudi Arabia is pushing for debt relief for African nations burdened with more than $1 trillion in liabilities. Saudi Arabia
What to expect at Saudi Arabia's eighth Davos in the Desert This year's Future Investment Initiative focuses on tech, energy and investment as Saudi Arabia steps up efforts to diversify its economy away from hydrocarbons. Saudi Arabia
What to make of Saudi Arabia's $96B in foreign direct investment in 2023 Driving foreign investment into key sectors is part of Saudi Arabia's efforts to diversify away from an oil-dependent revenue model. Saudi Arabia
Starbucks sales see 7% drop, largest since pandemic, amid Gaza boycotts The company has been grappling with protests and boycott campaigns on social media due to the Israel-Gaza war and the union fight in the United States. Palestine
