Reuters

Reuters

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OPEC

OPEC switches to ‘call on OPEC+’ in global oil demand outlook

US energy secretary to visit the GCC next week

US energy secretary to visit Saudi Arabia, UAE next week, officials say

Oil August 1

Saudi crude oil supply to China ‘to fall’ by almost 6 million barrels

Egypt

Egypt: Foreign debt up $3.5bn in Q4 2023; inflation slows to 32.5% in April

Mubadala’s Fortress bid secures US regulatory approval

Mubadala Capital’s $3bn Fortress bid clears key US regulatory hurdle: FT reports

Ipad-Pro-Apple

All you need to know about Apple’s newest iPad Pro

Hong Kong and Saudi Arabia explore funds to track Hong Kong stock indices

Hong Kong, Saudi Arabia explore funds to track Hong Kong stock indices

Nigeria-Emirates not happy with Boeing delays in fixing 777X

Emirates chair Sheikh Ahmed “not happy” with Boeing 777X repair delays

Aramco keeps $31.1bn payout despite lower Q1 net income

Saudi Aramco maintains dividend despite lower net income in Q1

Etihad Airways plans to double passengers, fleet size by 2030

Etihad CEO considers buying small number of Airbus, Boeing jets

Red Sea - MAERSK

Shipping giant Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%

Lucid Group secures $1bn from Saudi PIF affiliate

EV maker Lucid reports quarterly revenue above estimates as price cuts boost sales

Saudi Arabia posts SAR12.4bn deficit Q1 2024

Saudi Arabia posts budget deficit of SAR12.4bn in Q1 2024

Egypt-GettyImages-520265584-e1703142282632

Egypt braces for second summer of power cuts as gas supplies dwindle

Oil hovers near 3-week high on Middle East tensions

Oil nudges higher after Saudi Arabia hikes prices

Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., plays bridge at an event on the sidelines of the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska, U.S., on Sunday, May 6, 2018. Buffett said he doesn't want Berkshire Hathaway Inc. being a leader on cyber insurance because neither he nor others in the industry really know the risk. Photographer: David Williams/Bloomberg

Warren Buffett talks succession and Berkshire’s future at annual meeting

oil

India’s Reliance starts trading US oil setting Brent oil benchmark

Middle East and tackling food prices

World food prices up in April for second month, says UN agency

oil

OPEC+ likely to extend oil production cuts in June: Insight

Egypt

Egypt’s outlook upgraded to positive on reduced external financing risks: Fitch

Etihad significantly expands codeshare with Air France-KLM (Image: Supplied by Etihad)

Air France KLM adds flights to North Africa amid Middle East tensions

ADNOC boosts oil production capacity to 4.85 million bpd

Abu Dhabi’s ADNOC says oil production capacity hits 4.85 million bpd

NBK sells alternative investment unit to Janus Henderson

Janus Henderson buys alternative investment unit of Kuwait’s NBK

Apple Iphone 15

Apple unveils record $110bn buyback as results beat low expectations

Qatar

Qatar’s economy grew 1.2% year-on-year in Q3 2023

Saudi Arabia acquires stake in critical metals mining company Vale SA

Saudi mining update: Vale transfers 10% to Manara while Mosaic to sell stake to Ma’aden

Apple shelves electric car plans after decadelong odyssey

Apple set for big sales drop as investors await AI in iPhones

SABIC to build $6.4bn China petrochemical plant

Saudi petrochemical group SABIC reports 62% plunge in profits

RedBird - A logo of The Daily Telegraph newspaper on a newsstand in London, UK, on Tuesday, March 12, 2024. Rupert Murdoch’s News Corp. and the publisher of the UK’s Daily Mail tabloid are weighing an offer for the company that owns the Telegraph newspaper and Spectator magazine, alongside United Arab Emirates-backed investment fund RedBird IMI, people familiar with the matter said. Photographer: Jose Sarmento Matos/Bloomberg

Abu Dhabi-backed RedBird IMI withdraws from Telegraph deal

Pakistan

IMF approves $1.1bn funding tranche to help Pakistan’s economy