UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
2023-05-10 21:59
Citigroup to Hire JPMorgan Banker Al-Deweesh as Saudi CEO
Citigroup Inc. is set to hire one of JPMorgan Chase & Co.’s top bankers in Saudi Arabia as
2023-05-10 21:00
Premiums Commanded by Dirty Crude Are Surprising Oil Traders
Asian and European oil buyers are having to pay hefty prices for lower-quality, dirtier crudes as sanctions on
2023-05-10 19:46
Egypt Cuts Subsidized Food Allocations to Battle Economic Crisis
Egypt is reducing the amount millions of people can claim under a subsidized food program, part of an
2023-05-10 18:19
Aramco Weighs LNG Exports as Hydrogen Talks Prove Tough
Saudi Aramco is weighing exports of liquefied natural gas instead of blue hydrogen, as talks with potential buyers
2023-05-10 17:23
Ireland’s Offshore Wind Ambitions Founder in a Sea of Red Tape
On the morning of October 19, a storm swept across the Irish Sea. Intense rains battered the country
2023-05-10 15:20
Egypt’s Inflation Ends Nine-Month Surge by Taking Short Breather
Inflation in urban parts of Egypt eased for the first time since June 2022, providing a reprieve that
2023-05-10 13:29
Adnoc to Sell 15% Stake in Logistics Unit in Abu Dhabi IPO
Abu Dhabi’s main energy company will sell a 15% stake in its logistics and shipping unit in an
2023-05-10 10:50
Oil Holds Three-Day Surge on SPR Refill Plan, Canada Disruption
Oil held a three-day rally as the US updated plans to replenish strategic reserves and Canadian supplies were
2023-05-10 08:19
Erdogan Teeters Before a Turkish Vote That’s Got the World Watching
Recep Tayyip Erdogan was halfway through a well-choreographed TV interview on April 25 when the cameras unexpectedly cut
2023-05-10 07:21
OPEC+ Curbs Spark 85% Rout in Oil Tanker Rates After Boom
Benchmark rates for oil-carrying supertankers have collapsed as OPEC+ follows through on a surprise vow to slash supply
2023-05-10 00:27
OCI Considers US, Middle East as Alternative Listing Venues
OCI NV is considering the Middle East and US as possible alternative listing venues, as the Dutch chemical
2023-05-09 21:26