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Bloomberg

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Apple

Apple cuts outlook for iPhone shipments on China lockdowns

Kuwait starts commercial operations at new Al-Zour mega-refinery

Kuwait starts commercial operations at new Al-Zour mega-refinery

This is the memo Twitter sent telling staff offices were closed

Twitter rolls out new $8 subscriptions, promises half the ads

Twitter q2 earnings - e1662094593581

Twitter sued for mass layoffs by Musk without enough notice

Investcorp, Fung Capital to start $500m Greater Bay fund

Oil drops as more rate hikes overshadow tightening fuel market

Saudi Aramco makes second highest profit on surging oil prices

Saudi Aramco makes second highest profit on surging oil prices

OPEC+

OPEC says supply surplus was main reason for oil production cut

Middle East KFC operator set for Abu Dhabi, Riyadh dual listing

Saudi Arabia

Saudi net reserves surge near $449bn, highest since 2020

Lebanon-Beirut

Qatar in talks with TotalEnergies for stake in Lebanon gas block

Empower reports robust growth of 41.3%

Dubai seeks to raise $362m from district cooling firm IPO

Musk completes $44bn Twitter deal

Oil heads for weekly advance as dollar eases, US exports boom

Crypto

Bitcoin breakout stalls with daily trading volume also tumbling

Saudi finance chief says economy more resilient to global shocks

Samsung

Samsung heir Lee formally takes helm of technology empire

Apple will comply with iPhone USB-C charger law, executive says

Credit Suisse

Credit Suisse to raise $4bn to fund a sweeping overhaul

Meta gives tepid revenue forecast as ad weakness persists

Global cybersecurity Forum

Saudi Telecom doubles down on Ex-Google executive’s tech firm

Oil slips as industry report points to jump in US stockpiles

Saudi Arabia sets up carbon market firm to support net-zero goal

Saudi Stock Exchange CEO Sees Strong IPO Pipeline in Busy Year

Saudi stock exchange CEO sees strong IPO pipeline in busy year

Saudi Telecom

Saudi’s PIF offers to buy stake in $5.8bn STC towers unit

JPMorgan set to hire 20 more bankers in Saudi Arabia expansion

JPMorgan set to hire 20 more bankers in Saudi Arabia expansion

Dubai district cooling firm Empower to sell 10% stake in IPO

Shell takes 9% stake in Qatari liquefied gas project

Rishi Sunak announces his bid to be UK’s next Prime Minister

Twitter

Twitter tells staff there aren’t plans for companywide layoffs