Bloomberg

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Tesla shares give up gains on renewed prospect of Musk buying Twitter

Musk says Tesla may have ‘Optimus’ robot prototype within months

Bitcoin retreats to consolidate below $30,000

Kindle

Amazon to shut Kindle store in China

Middle East IPOs

Middle East IPOs on track for best ever first half as oil surges

Borouge

Borouge’s $2bn Abu Dhabi IPO draws $83bn of orders

Bitcoin

Bitcoin seen at risk of resuming slide if $29,000 support fails

Dubai-based ride sharing firm Swvl to slash headcount by a third

Oil powers to sixth monthly gain as EU set to curb Russian flows

Gold

Gold holds weekly gain as dollar extends drop on risk sentiment

Dubai-Skyline-e1650964799688

UAE’s Utico hires banks to advise on potential IPO

Bitcoin may still be primed for a further drop from range

Qatar exports surge as demand for gas climbs on Ukraine crisis

Vmware

Broadcom to acquire cloud services firm VMware in $61bn deal

Qatar

Qatar world cup shuttle flights set to buoy Gulf tourism

Oil extends gain as US stockpiles tighten before driving season

Etihad Airways becomes first airline to participate in World Energy’s net-zero program

Etihad CEO says India sales higher, optimistic on China rebound

Tesla shares give up gains on renewed prospect of Musk buying Twitter

Musk boosts equity component of Twitter bid to $33.5bn

Chelsea

UK approves sale of Chelsea FC to US investor Todd Boehly

Airbnb is shutting China business to focus on outbound Asia travel

Oil

Oil eases as investors focus on EU’s embargo impasse, gasoline

Saudi Arabia

Saudi Arabia to use oil windfall to boost private sector

Bitcoin

Bitcoin recovers to $30,000 area after shedding weekend weakness

Prince Alwaleed

Saudi Arabia buys $1.5bn stake in Prince Alwaleed’s firm

Markets

Oil drops as traders weigh tight gasoline markets, weak growth

Why tomorrow’s central bankers need to think like MBA students

Mercedes

Mercedes to swing to top-end models in luxury-car profit race

Saudi food delivery firm Jahez seeks to acquire rival Chefz

Oil pump

Oil rebounds after two-day drop as traders weigh products, China

Lucid’s Saudi EV factory to receive $3.4bn in incentives