Major Saudi companies are planning multi-billion-dollar investments in Syria’s reconstruction and infrastructure, yet face significant obstacles from existing U.S. sanctions. Source: Reuters.
Saudi firms consider billion-dollar investments in Syria but U.S. sanctions pose barrier Read More »
Stock exchanges in the UAE dropped on Oct 31 as weaker oil prices and concerns about global supply weighed on investor sentiment. Source: Reuters.
UAE stock markets slide amid oil supply concerns Read More »
Saudi Arabia is intensifying its investment and strategic push into AI, led by the domestic firm Humain. The kingdom aims to become a top-3 global AI power, building vast data-centres and infrastructure. Source: Anadolu Ajansi.
Saudi Arabia ramps up AI ambitions with domestic firm Humain at the helm Read More »
The governments of Iraq and Turkey signed an agreement for water-infrastructure projects in Iraq, to be carried out by Turkish companies and financed through Iraqi oil sales to Turkey. Source: Reuters.
Iraq and Turkey sign deal on Iraqi water infrastructure projects Read More »
Gulf stock markets fell broadly on 2 November, as investors became cautious about whether the Federal Reserve will cut interest rates before year-end. The uncertainty weighed on Gulf-pegged currencies and equity markets. Source: Reuters.
Most Gulf markets end lower on US rate-cut uncertainty Read More »