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Bloomberg

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Morgan Stanley raises oil forecasts by $10 citing market deficit

Tesla

Tesla notches record profit, sees big 2022 production gain

Saudi wealth fund weighs stake in Thyssenkrupp’s hydrogen unit

Dubai-Internet-City Tecom Group

Dubai business park operator Tecom plans book-build IPO

insurance

Ford announces Lincoln Star electric SUV concept

Bahrain seizes on oil windfall to rebuild funds hit by pandemic

Saudi Arabia’s growth outlook boosted by IMF on oil surge

Citi, HSBC set to share up to $97m in fees from DEWA IPO

Oil

Oil edges lower as traders weigh China lockdowns, Libyan strife

Qatar brings global photography app Explorest to the Middle East

Mannai surges after plan to sell Inetum at $2bn valuation

Bitcoin falls to lowest in a month as risk aversion takes oll

Elon Musk

Twitter board’s interest not aligned with holders, Musk says

Abu Dhabi’s Mubadala, BlackRock Real Assets invest in Tata renewable unit

Gold rises to five-week high with growing risks boosting havens

Getty Images

Bahrain’s InvestCorp in exclusive talks to buy AC Milan

Prince Alwaleed

Key Twitter investor Prince Alwaleed rejects Elon Musk’s bid

Standard Chartered closes transition trade facility

StanChart plans to exit seven markets in Africa, Middle East

Twitter

Musk says he’s ‘not sure’ he’ll succeed with Twitter acquisition

First Abu Dhabi Bank

UAE lender First Abu Dhabi Bank pulls bid for Egypt’s EFG-Hermes

Bitcoin surpasses $41,000 as technical analysts predict bounce

IEA cuts oil demand forecast as China reimposes lockdowns

Abu Dhabi invests in Egyptian firms to help shore up economy

Honda CEO bets $40bn to reach goal of going fully electric

Oil edges lower as market tightness eases, pipeline restarts

Oil extends advance above $100 as Ukraine crisis continues

Dubai utility surges after pulling off year’s second-biggest IPO

OPEC tells EU that Russia oil crisis is beyond its control

Mideast asset manager Investcorp seeks cash for blockchain fund

EFG Hermes hires Saud Altassan as CEO for Saudi business

Bitcoin mining giants eye Middle East, Europe for expansion

Joe & The Juice enters Middle East market ahead of IPO, CEO says