China soaks up the crude oil glut, but only if the price is right
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
HSBC launches UAE asset management business to tap into wealth influx
DUBAI, Jan 12 (Reuters) – HSBC (HSBA.L), opens new tab is opening an asset management business in the…
US draws bulk of state-owned investment in 2025 as assets hit record $60 trillion
US receives 48% of state-owned investments (SOI) in 2025 Gulf countries have pledged billions to US investments SOI…
Qatar bets on cheap power to catch up in Gulf AI race
Qatar seeks to catch up with Saudi Arabia, UAE in Gulf AI race Qatar’s cheaper energy, deep pockets…
New OPEC+ production mechanism will help stabilise markets, Saudi energy minister says
Item 1 of 2 Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman attends a session of the St.…
Oman signs agreement with Airbus for its first communications satellite
CAIRO, Nov 23 (Reuters) – Oman signed an agreement with Airbus on Sunday to design, manufacture and launch…
UAE announces $1 billion initiative to expand AI in Africa
JOHANNESBURG, Nov 22 (Reuters) – The United Arab Emirates said on Saturday it will invest $1 billion to…
Elon Musk, Jensen Huang to talk AI at US-Saudi investment forum
Item 1 of 2 Elon Musk, Chief Executive Officer of SpaceX and Tesla, gestures as he attends the…
On tiny Christmas Island, Google spurs renewable energy push for Indian Ocean data hub
Google and miner want switch to renewables for island’s energy Data hub will be part of new cable…
Saudi crown prince visits US with defence, AI and nuclear on the agenda
Saudi leader wants security guarantees AI, civilian nuclear energy also top Saudi priorities Trump focused on Saudi pledge…
Israel economy powered to 12.4% gain in Q3 after end of Iran conflict
JERUSALEM, Nov 16 (Reuters) – Israel’s economy rebounded sharply in the third quarter, putting in a stronger-than-expected performance…
More oil demand expected in 2026 thanks to data centres, UAE minister says
Item 1 of 2 UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO…