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Bloomberg

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China

Elon Musk brings Tesla’s China chief to Texas to run gigafactory

Oman gets interest from hydrogen investors for mega-blocks

World Cup fans on pace for record spending at tournament venues

Saudi Arabia's non-oil exports rise 4% to $6.6bln in October

Saudi Arabia sees 2023 budget surplus bump

UAE has the world’s best passport in a top ten dominated by Europe

Oversight Board

Meta’s Oversight Board criticises ‘shortcomings’ in protection of VIP accounts

Apple

Apple scales back self-driving car and delays debut till 2026

Markets

Oil steadies after three-day drop as demand concerns multiply

Intel

Intel says it’s on course to regain chip production leadership

Bitcoin

Bitcoin’s bearish futures are signalling a slowdown into 2023

Gold

Gold climbs to four-month high as reopening bets weaken dollar

Saudi

Saudi Aramco refiner Luberef’s IPO to raise up to $1.32bn

OPEC+ pauses as volatility, China Covid rules roil crude markets

Kuwait

Kuwait says oil buyers don’t want to boost imports next year

Saudi Arabia launches three initiatives to boost climate action

Saudi Arabia weighs World Cup 2030 bid with Egypt, Greece

Oil

Oil poised for weekly gain with China softening virus curbs

Solar

Dutch startup begins production of world’s first solar car

Renault

Renault, Airbus to develop battery tech for cars and airplanes

Saudi

Saudi Arabia wealth fund raises $17bn loan for refinancing

Amazon

Amazon vows to replenish all the water it uses for data centres

saudi arabia

Saudi PIF-backed EV firm secures site for Foxconn project

India

India to test retail version of digital rupee

Qatar

Qatar wealth fund hires ex-JPMorgan exec Niall Byrne as CFO

Meta

Meta fined $277m for leak of half a billion users

OPEC+ seen considering deeper output cuts as oil market falters

AWS

Amazon’s new chip moves AWS into high-performance computing

ADNOC awards $4bn agreements for integrated drilling fluids services

UAE plans global energy push with Adnoc’s $150bn spending

Kuwait exports first shipment of jet fuel from new Zour refinery

Saudi Aramco

Aramco unit hires HSBC, Citigroup for Riyadh share sale

Manama Bahrain

S&P turns more positive on Bahrain as oil prices surge