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Reuters

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IMF on Saudi Arabia economy

IMF cuts Saudi Arabia’s growth forecast for 2023

coal mine

Coal industry faces 1 million job losses from global energy transition: Report

Chinese funds look to the Middle east

China equity funds look to Middle East cash as US investments wane

ADIA optimistic on equities, private credit after turbulent 2022

Sovereign wealth fund ADIA optimistic on equities, private credit after turbulent 2022

stock markets

Israel-Palestinian crisis: Major Gulf stock markets fall

Gold

Israel-Palestine crisis: Gold soars as investors bolt for safety

Abu Dhabi’s oil champion ADNOC bets on global expansion

Insights: Abu Dhabi’s oil champion ADNOC bets on global expansion

Israel crisis hits oil prices

Oil prices jump as Israel-Palestine crisis rattles markets

Afghanistan

Afghanistan earthquakes kill 2,053 as death toll spikes

Iphone 15 UAE

Apple releases software update to resolve iPhone 15 overheating issue

Meta

Meta starts rolling out generative AI tools for all advertisers

AMAZON KUIPER NETWORK

Amazon launches first test satellites for Kuiper internet network

Exxon mobil

Exxon Mobil’s megadeal in Permian Basin to test climate-aware shareholders

Egypt inflation

Egypt banks suspend debit card use in foreign currency

Instagram

Meta’s Instagram, Facebook to charge EU users for ad-free service: Report

oil production cuts

OPEC+ panel holds oil policy steady as Saudi Arabia, Russia keep cuts

FTX founder Sam Bankman-Fried

FTX founder Sam Bankman-Fried heads to trial in the US: A timeline

crypto currency

Cryptoverse: ‘It’s a knife fight’ as traders get tokenised

COP28 - DR SULTAN AL JABER - ADIPEC

COP28: Dr Sultan Al Jaber says oil companies support 2050 net-zero goal

iPhone 15

Apple identifies bugs causing overheating in the iPhone 15

Saudi Arabia

Saudi Arabia forecasts slower growth, budget deficit for 2023

Mubadala Manipal Hospitals talks

Mubadala in talks with Temasek for stake in India’s Manipal Hospitals: Report

Lombard Odier

Swiss bank Lombard Odier plans expansion after getting new Dubai licence

Dubai’s biggest bank Emirates NBD raises foreign ownership limit

New Saudi anti-corruption chief to target public servants

Kuwait Airways to spend $2.5bn on new aircraft

Bahrain instructs citizens to leave Lebanon over security incidents

UAE’s Lulu Group to invest $500m in Egypt’s retail sector

Aramco Trading sells first US West Texas Light crude to Korea’s Hyundai

Kuwait Petroleum to raise $1bn revolving loan