Reuters

Reuters

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Boubyan Bank mulls merger with Gulf Bank

Kuwaiti lenders Boubyan Bank and Gulf Bank weigh merger

Mubadala-owned Porto Sudeste

Mubadala, Trafigura hire banks to sell Brazil port: Reports

Gautam Adani

Abu Dhabi, Qatar wealth funds back Adani Energy’s share sale: Reports

ADNOC

Covestro says ADNOC deal closer as ‘talks continue in a constructive manner’

Saudi Arabia eyes lithium investment in Chile

Saudi Arabia sees lithium investment options in Chile

IMF approves release of $820m for Egypt

IMF approves release of $820m for Egypt, calls for more reforms

e& Group & offers concessions after EU alleges subsidies

UAE’s e& offers concessions after EU alleges subsidies in PPF deal

Masdar’s Endesa deal heralds more Euro investments

Masdar’s Spanish solar farm deal heralds more European investments

Turkey’s deputy governor says no rate cuts for now

Turkey not considering rate cuts now, says deputy cenbank governor

Egypt’s central bank committed to a flexible exchange rate

Egypt says it cut foreign debt by $14bn

Moody’s upgrades Turkey’s ratings to B1 on tight monetary policy

Turkey announces $30bn incentives package for high tech areas

Oil prices surge after OPEC + extends output cuts

Oil falls 1.5%, ends week lower on China demand fears

Petrobras

Petrobras wrapping up due diligence to buy back refinery from Mubadala, sources say

Sam Altman of OpenAI search

OpenAI enters Google-dominated search market with SearchGPT

UAE EU trade talks Middle east

Europe welcomes Middle East money but some deals face headwinds

India’s duty cut halts silver, platinum imports from UAE

India’s duty cut halts concessionary silver, platinum imports from UAE

G20 - X

G20 agree to work on Brazil’s ‘billionaire tax’ idea

Farnborough-Airshow - Boeing

We want them to return to their former glory: flydubai CEO Ghaith Al Ghaith on Boeing

Egypt hikes fuel prices by up to 15% ahead of IMF review

Egypt hikes fuel prices by up to 15% ahead of IMF review

Elon musk - Tesla

Tesla shares tank on back of dismal results

UAE EU trade talks Middle east

UAE hopes to reactivate trade talks with EU this year

PIF

Saudi’s PIF appoints Fahad Al Saif as new head of investment strategy

Flydubai-Cairo

Flydubai in early talks for largest ever airplane order

Moody’s upgrades Turkey’s ratings to B1 on tight monetary policy

Moody’s upgrades Turkey’s ratings to B1 on tight monetary policy

Boeing delays impede flydubai’s expansion plans

Dubai’s flydubai says expansion plans hindered by Boeing delays

India further tighthens rice shipments -Getty Images-653903198

GCC food market to benefit as India plans to ease rice export curbs

OPEC

OPEC+ unlikely to change oil output policy at upcoming meet, sources say

CrowdStrike outage sparks investor, customer rethink

CrowdStrike chaos could prompt rethink among investors, customers

Flynas becomes first Saudi carrier to join UNWTO (Image: Supplied by flynas)

Airbus nears deal to sell 30 A330neos to Flynas: Reports

Naim Yazbeck

8.5 million Microsoft devices were hit by CrowdStrike outage