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Economy

Houthi Blockade Threatens Saudi Oil Lifeline, Raises Risk of Wider War

1- Two tankers carrying Saudi crude altered course in the Red Sea after Houthi threats...

Trump Imposes 50% Tariffs on Canadian Goods, Escalating Trade War!

1. President Donald Trump imposed 50% tariffs on a broad range of Canadian goods, sharply...

Adnoc Invests $6.2 Billion to Strengthen UAE Gas Security

1- Adnoc approved the $6.2 billion Umm Shaif Gas Cap project to increase domestic gas...

Houthis Pull Saudi Arabia Back Into the Red Sea War

1- The Houthis declared a maritime blockade of Saudi ports, threatening a route carrying about...

U.S. Gas Prices Return to $4 a Gallon as Iran Conflict Drives Oil Higher!

1. U.S. average gasoline prices have climbed back to $4 per gallon as renewed conflict...

Moonshot Redraws the AI Trade’s Winners and Losers

1- China’s Moonshot AI released Kimi K3, a model approaching the performance of advanced U.S....

Bank of England to Reject Coal-Linked Bonds as Loan Collateral!

1. The Bank of England will stop accepting corporate bonds linked to thermal coal mining...

Chip Rout Drags Wall Street to Weekly Losses

1- U.S. stocks ended the week lower as chipmakers sold off following the debut of...

Roshn Turns to Private Investors to Fund World Cup Stadium

1- Saudi Arabia's Roshn is seeking private investors to finance Aramco Stadium, one of the...

UAE Bets on AI to Build a Post-Oil Economy

1- Abu Dhabi has integrated AI into everyday government services through the widely adopted TAMM...