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Oil Updates — Crude down; Russia China’s top oil supplier in July; Petrobras begins selling refining assets

Oil Updates — Crude down; Russia China’s top oil supplier in July; Petrobras begins selling refining assets

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Egypt In-Focus — Central bank reluctant to hike interest rates; beverage industry by 30%

Egypt In-Focus — Central bank reluctant to hike interest rates; beverage industry by 30%

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Saudi banks shut down 42 branches in 12 months, increase digital presence

Saudi banks shut down 42 branches in 12 months, increase digital presence

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Saudi annual inflation rate rises to 2.7% in July driven by high food prices

Saudi annual inflation rate rises to 2.7% in July driven by high food prices

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MENA’s 10 most funded fintech startups

MENA’s 10 most funded fintech startups

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Oil demand rises as gas prices surge: IEA

Oil demand rises as gas prices surge: IEA

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French utility giant EDF gets to the forefront of the Saudi energy market

French utility giant EDF gets to the forefront of the Saudi energy market

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GAC approves Zamil Development Co.’s acquisition of Itqan Capital

GAC approves Zamil Development Co.’s acquisition of Itqan Capital

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Alkhair Capital among Kingdom’s top 10 financial firms with $3.6bn assets

Alkhair Capital among Kingdom’s top 10 financial firms with $3.6bn assets

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Dubai received 7.12m international overnight visitors in H1 20

Dubai received 7.12m international overnight visitors in H1 20

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Saudi Central Bank grants licenses to 2 new fintech firms 

Saudi Central Bank grants licenses to 2 new fintech firms 

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Aramco, Saudia’s real estate arm sign MoU to develop fuel service stations

Aramco, Saudia’s real estate arm sign MoU to develop fuel service stations

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UAE In-Focus — DFM to include Tecom in its general index; Khalifa Fund offers $30m to support Kenyan SMEs

UAE In-Focus — DFM to include Tecom in its general index; Khalifa Fund offers $30m to support Kenyan SMEs

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China In-Focus — Crude imports near 4-year low; Copper imports rise; Snickers maker apologizes for Taiwan advert 

China In-Focus — Crude imports near 4-year low; Copper imports rise; Snickers maker apologizes for Taiwan advert 

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Oil Updates — Crude at multi-month low; US oil rig count falls; US to talk with Indonesia on Russia oil price cap

Oil Updates — Crude at multi-month low; US oil rig count falls; US to talk with Indonesia on Russia oil price cap

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MENA Project Tracker — NEOM receives bids for water transmission project; EDO assigned BB- rating

MENA Project Tracker — NEOM receives bids for water transmission project; EDO assigned BB- rating

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Oil prices rebound after dropping to lowest in months on weak US demand

Oil prices rebound after dropping to lowest in months on weak US demand

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Oil falls 4%, pressured by surprise US crude, gasoline build

Oil falls 4%, pressured by surprise US crude, gasoline build

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Americana Restaurants brings US-based Peet’s Coffee to GCC through franchise deal

Americana Restaurants brings US-based Peet’s Coffee to GCC through franchise deal

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King Abdullah Port records 7% growth in shipping operations in H1 

King Abdullah Port records 7% growth in shipping operations in H1 

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