Saudi Arabia inflation eases to 1.7% in April as housing pressures soften despite higher transport and food costs
Restaurant and accommodation inflation slowed sharply to 1.0% from 2.2% in March
China’s fuel demand slowdown deepens as high oil prices accelerate EV transition and refinery pressure
China’s gasoline consumption decline 5.5% this year, marking the second-largest contraction on record after the collapse triggered by Covid lockdown
Gulf sovereign capital shifts toward strategic infrastructure control through $30 billion Abu Dhabi-led partnership
The partnership will target investments across energy, transportation, logistics, digital infrastructure, water and waste management
ADNOC Logistics & Services approves Q1 2026 dividend as Abu Dhabi maritime energy demand supports cash-flow visibility
The company stated that its board approved the first-quarter 2026 financial statements alongside the cash distribution plan
Agentic AI Rewrites the Data Center Equation
At AMD, we have been tracking this shift closely. We previously projected server CPU market growth at 18% annually.
Kuwait Central Bank Issues KD 50M in 7-Year Treasury Bonds and Tawarruq
The announcement follows a previous issuance on April 29, in which the Central Bank issued treasury bonds and Tawarruq
Turkey’s Foreign Reserves Suffer Record $43.4 Billion Drop as Iran War and Energy Shock Pressure Economy
Turkey’s current-account deficit widened sharply to $9.7 billion in March compared with $7.3 billion in February,
AD Ports Group Reports 41% Surge in Q1 Net Profit to AED 653 Million as Revenue Climbs to AED 5.75 Billion
EBITDA rose 33% year-on-year to AED 1.52 billion, while EBITDA margin improved to 26.4% compared with 24.7% during the same period last year.
ADNOC Distribution Reports $210 Million Q1 Profit as Fuel Sales and Non-Fuel Retail Growth Accelerate
The Abu Dhabi-listed fuel and convenience retail company reported EBITDA of $307 million during the first quarter
Presight Reports Strong Double-Digit Revenue and Profit Growth in Q1 2026 as International AI Expansion Accelerates
EBITDA increased 12.7% to AED 159 million, with an EBITDA margin of 23.1%, while net profit rose 11.5% to AED 133.8 million during the quarter.
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