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Oil Updates — US crude below $95; Libya to increase oil production; Drillers add more oil and gas rigs; EU considering Nigerian gas options

Oil Updates — US crude below $95; Libya to increase oil production; Drillers add more oil and gas rigs; EU considering Nigerian gas options

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Saudi Arabia to cut airport charges by 35% amid continuing privatization

Saudi Arabia to cut airport charges by 35% amid continuing privatization

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Saudi Tourism Development Fund, Ennismore to establish $400m hospitality investment fund 

Saudi Tourism Development Fund, Ennismore to establish $400m hospitality investment fund 

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Documents dispute Lebanon central bank chief’s ‘audit’ claim

Documents dispute Lebanon central bank chief’s ‘audit’ claim

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Oil rises on prospects of less aggressive US rate hike

Oil rises on prospects of less aggressive US rate hike

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Dubai PMI climbs to three-year high driven by upswing in travel and tourism: S&P Global

Dubai PMI climbs to three-year high driven by upswing in travel and tourism: S&P Global

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Oil slides 4.5% on fears of global economic slowdown 

Oil slides 4.5% on fears of global economic slowdown 

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OPEC forecasts slower oil demand growth in 2023

OPEC forecasts slower oil demand growth in 2023

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Kuwait Lender KFH to acquire Bahrain's Ahli United for $12bn

Kuwait Lender KFH to acquire Bahrain's Ahli United for $12bn

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US food company Tyson to buy Tanmiah subsidiaries’ stakes for $70m

US food company Tyson to buy Tanmiah subsidiaries’ stakes for $70m

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Gas consumption set to contract due to Russia: IEA

Gas consumption set to contract due to Russia: IEA

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NRG Matters: QatarEnergy signs deal with Shell for $30bn North Field East project; Germany’s renewable energy consumption up

NRG Matters: QatarEnergy signs deal with Shell for $30bn North Field East project; Germany’s renewable energy consumption up

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Saudi authorities taking steps to prevent artificial price hike, says minister

Saudi authorities taking steps to prevent artificial price hike, says minister

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Aramco sets for $44bn profit amid mixed Q2 earnings of Saudi firms: Al-Rajhi Capital 

Aramco sets for $44bn profit amid mixed Q2 earnings of Saudi firms: Al-Rajhi Capital 

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TRSDC signs first JV worth $400m with Al Mutlaq Group

TRSDC signs first JV worth $400m with Al Mutlaq Group

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NRG Matters — UAE emerges as important renewables investor; Germany’s capital region to use hydrogen-powered trains

NRG Matters — UAE emerges as important renewables investor; Germany’s capital region to use hydrogen-powered trains

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Italian oilfield engineering firm Saipem gets Middle East contracts worth $1.25bn

Italian oilfield engineering firm Saipem gets Middle East contracts worth $1.25bn

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Luxury hotel brand JW Marriott makes Saudi debut with Riyad Capital   

Luxury hotel brand JW Marriott makes Saudi debut with Riyad Capital   

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Egypt In-Focus — New $3bn investments from Qatar negotiated; Egypt mulls Panda bonds

Egypt In-Focus — New $3bn investments from Qatar negotiated; Egypt mulls Panda bonds

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NEOM awards London-based Keller major piling contract for ‘The Line’

NEOM awards London-based Keller major piling contract for ‘The Line’

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