Brazil-UAE Trade Pact Expected by Year-End
Brazil anticipates finalizing a trade agreement with the UAE (under the Mercosur umbrella) by the end of 2025. Key components of the agreement include lowering
U.S. Penalizes Iranian Financiers over Crypto-linked Oil Deals
The United States sanctioned several Iranian individuals (including Alireza Derakhshan and Arash Estaki Alivand) as well as firms in the UAE and Hong Kong. These
Most Gulf Bourses Gain on Rate Cut Optimism, Oil Stability
Across the Gulf, stock exchanges largely saw gains, underpinned by hopes that the U.S. Fed will reduce interest rates soon, plus relatively stable oil markets.
U.S. Sanctions Iranian Actors Over Crypto-Oil Dealings
The U.S. imposed sanctions on two Iranian financiers (Alireza Derakhshan and Arash Estaki Alivand), plus several companies in Hong Kong and the UAE. They are
UAE Stocks Climb on Oil & Rate-Cut Optimism
Stocks in the UAE rose significantly, especially in Dubai, as rising oil prices coupled with expectations of a U.S. Federal Reserve interest rate cut later
Saudi Aramco Raises $3 Billion via Sukuk (Islamic Bonds)
Saudi Arabia’s Aramco raised $3 billion through a sukuk issuance — split evenly between 5-year and 10-year tranches, offering yields of about 4.125% and 4.625% respectively. Despite regional geopolitical tensions, demand
Middle East Equities Upbeat; Saudi Nears Two-Year Low
Regional stock markets in the Middle East saw modest gains driven by bargain-hunting, amid softer U.S. labor data that bolstered hopes for interest rate cuts.
UAE’s ALEC Holdings to Float 20% Stake via IPO
ALEC Holdings, a large Dubai engineering & construction company, plans to offer 20% of its shares (1 billion shares) in an IPO. The share sale will run
Qatar Faces Risks to Its Business and Investment Image amid Security Incidents
Qatar, which has built a reputation as a regional business hub and diplomatic mediator, is now under pressure following repeated security breaches (Israeli and Iranian