Turkey Deploys $6 Billion FX Defense After Opposition Ruling Triggers Market Shock
The intervention marks one of the largest single-day currency defense operations since March, when Turkey’s foreign reserves suffered a record monthly
GCC Equities Advance as Saudi Arabia, Kuwait and Dubai Lead Regional Market Gains
The positive regional close comes as Gulf markets continue absorbing shifting oil price dynamics, global interest-rate expectations
Dubai Expands Economic Support to AED 2.5 Billion to Reinforce Trade, Tourism and Business Growth
A new package incentives worth AED 1.5 billion, raising the total value of support measures introduced over the past two months to AED 2.5 billion
Masadir Signals Show Mixed Inflation Picture as Energy Markets Stabilize and Gold Demand Softens
Masadir Economics signals show mixed macro conditions as energy price pressure firms while gold demand eases and GCC liquidity remains stable.
ADNOC Deploys Industry-First Heavy-Duty Robot as UAE Accelerates AI-Driven Energy Operations
Taurob heavy-duty robot is now conducting on-site autonomous inspections inside hazardous industrial environments, acting as the first
Nvidia Beats Expectations as AI Revenue Surge Continues Despite Rising Competition
The company posted fiscal first-quarter earnings per share of $1.87 on revenue of $81.62 billion, surpassing Wall Street expectations of $1.77 EPS
Fed Officials Signal US Interest Rates May Need to Rise Again as Inflation Pressures Persist
Many participants indicated that they would have preferred removing the language from the post-meeting statement that suggested an easing bias regard
Fujairah Terminals Signs Three Strategic Land Lease Agreements with Airport, Free Zone and Agricultural Trading Partner to Strengthen Regional Trade Hub
Fujairah Terminals Signs Three Strategic Agreements Covering 130,000 sqm to Expand Logistics and Trade Capacity
Al Jaber Warns Energy Security, AI Infrastructure and Hormuz Navigation Are Now Defining Global Economic Stability
Al Jaber said disruptions linked to the conflict have exposed deep fragilities across global supply chains, extending far beyond oil markets
Dollar Holds Near 6-Week Highs on Inflation Concerns While US Equities Rebound Ahead of Nvidia Earnings
Hormuz-Driven Inflation Fears Keep Dollar Near 6-Week Highs as Wall Street Rebounds Ahead of Nvidia Results
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