The International Monetary Fund has revised its 2025 growth projection for the Middle East and North Africa down to 2.6% (from 4%), citing trade disruptions, lower oil prices, and geopolitical volatility as key headwinds. Gulf economies, however, are expected to weather the storm better, buoyed by Vision 2030-style diversification efforts Source: reuters.com
IMF Cuts MENA Growth Forecast to 2.6% Amid Rising Risk Read More »
Gold edged down, approaching a weekly decline, following U.S. leadership delaying deeper involvement in the conflict. Traders expect U.S. Federal Reserve rate cuts could further suppress prices toward $3,250/oz unless geopolitical volatility resurfaces. Source: reuters.com
Gold Prices Poised to Fall as Fed Decision Looms Read More »
Radware reports a surge in cyberattacks, hacktivism, and disinformation tied to the Israel–Iran conflict—with nearly 100 hacktivist groups now active. Experts warn these threats may extend globally, targeting vital infrastructure. Source: thenationalnews.com
Cyber Threats Escalate in Middle East Conflict Read More »
Stock exchanges across the Gulf rose despite initial conflict-related jitters. Saudi Arabia’s index gained 1.3%, Dubai jumped 1.1%, and Abu Dhabi and Qatar saw modest gains, reflecting investor optimism as geopolitical fears eased. Source: reuters.com
Gulf Stock Markets Advance Amid Regional Calm Read More »
🔻 Tensions between Israel and Iran have eased following a new ceasefire brokered with Qatar’s help, prompting Brent crude prices to drop more than 2%—falling below $70 per barrel for the first time in over a week. The decline boosts India’s trade balance and supports the rupee’s rally. Source: reuters.com
Oil Prices Fall Below $70 on Mideast De-escalation Read More »