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UAE, Egypt to form joint working group for energy
Talks focused on securing energy resources through regional and international collaboration
THIS MORNING: CBUAE holds rates steady, again + ADGM proposes amendments to expand authority for tighter oversight
Plus: Another UK hedge fund bites the dust and relocates to the UAE
Adnoc’s EUR 14.7 bn takeover of Covestro to face anti-subsidies probe
The commission has until 2 December to approve, block or condition the transaction
THIS MORNING: Abu Dhabi to invest in major tourism project in Oman + EGA Eyes Ghana’s bauxite project
Plus: Banks to increase international credit and debit card transaction fees?
THIS MORNING: Enec eyes US nuclear energy projects + Opec+ to keep oil policy steady today?
Plus: The head of Anthropic is eyeing Gulf money despite holding the region in contempt
Fujairah Port records drop in bunker fuel sales in 1H 2025
Oil sales dropped to a four-month low in June amid regional tensions
MENA fixed income rallies, while equities diverge in 2Q 2025 -Mashreq Capital
The region’s bond supply is expected to reach USD 125 bn by year end
Esyasoft to build USD 480 mn gas network in Azerbaijan
The project comes as the countries strengthen cooperation as part of an economic partnership
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