Oil Rises as US Signals It Aims to Refill Oil Reserve After June
Oil rose - following a two-day decline — as the US signaled it may start refilling the Strategic
2023-05-12 08:56
Pakistan’s Abhi Issues First Sukuk Bond for a Fintech in Region
Pakistan’s financial platform Abhi has raised the first-ever Sukuk bond for a fintech firm in the region, opening
2023-05-12 08:53
NYC, Chicago Clash With Biden as Migrant Surge Crushes Cities’ Finances
An expected surge in migration at the border with Mexico is setting off alarm bells in states and
2023-05-12 03:23
Bain, Abu Dhabi Buy Stake in CI Financial’s US Wealth Unit
Canadian asset manager CI Financial Corp. is selling a 20% stake in its US wealth management unit to
2023-05-11 21:53
Saudi Aramco to Postpone Mega IPO of Energy Trading Unit
Saudi Aramco is pushing back a planned Riyadh initial public offering of its energy-trading business, a deal that
2023-05-11 17:51
Egyptian Pound Devaluation Bets Ease as Citi Sees No Short-Term Move
Traders are pushing back expectations for a devaluation in the Egyptian pound, with Citigroup Inc. predicting that the
2023-05-11 15:56
Abu Dhabi Family Plans Middle East’s Second SPAC Listing
An investment firm backed by Abu Dhabi’s Al Maskari family is planning to list a blank-check firm in
2023-05-11 13:28
Oil Edges Higher With Weaker Dollar and Supply Halts in Focus
Oil rose for the fourth time in five sessions as easing US inflation weakened the dollar and traders
2023-05-11 08:17
Dollar Dips on CPI; Asia Stocks Outlook Mixed: Markets Wrap
Asian equity futures were mixed and the dollar held losses Thursday after Treasury yields fell on signs of
2023-05-11 06:57
MTN in Advanced Talks to Sell Some West African Assets
MTN Group Ltd. is in advanced talks with Axian Group Ltd. to sell some of its West African
2023-05-11 00:20
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 21:49
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 20:58