10+ hour, 34+ min ago   (559+ words) The UAE’s EUR 40 bn Germany pledge is starting to get an industrial backbone: Abu Dhabi state energy giant Adnoc, its international energy investment arm XRG, and UAE renewables developer Masdar signed agreements that could enable more than EUR 5 bn of…...

1+ day, 10+ hour ago   (330+ words) Why it matters for the Gulf: Brics accounts for roughly a quarter of global nominal GDP — nearer 40% on a purchasing-power basis — and about half the world's population, spread across 10 full members after last year's addition of Indonesia and 2024's intake…...

1+ day, 10+ hour ago   (444+ words) The war had already dented the oil economy. S&P already expects real GDP to contract 0.9% this year, with the 2Q reading showing a 4.7% y-o-y fall, the steepest since Covid, on a 24.8% drop in oil activity and output tumbling to an…...

1+ day, 10+ hour ago   (303+ words) The pressure on Saudi Arabia’s oil export routes increased over the weekend, with a Houthi advance up Yemen’s Red Sea coast and drones from Iraq striking the country’s main oil pipeline. This comes as the Kingdom’s crude output is already…...

5+ day, 10+ hour ago   (1693+ words) Wednesday, 9 Sep 2026 Good morning, friends. Every headline number in today’s issue is a good one, but not one of them means what it looks like on the surface. The question we’ll carry through the rest of the issue is what…...

1+ week, 4+ hour ago   (145+ words) SOUND SMART- The two are routinely confused. PCH is entirely state-run and subsidizes loans written by commercial banks. BDH is a bank in its own right, 80% owned by private banks and insurers and 20% by the state. Gulf money is still…...

1+ week, 4+ hour ago   (122+ words) Syria closed its Damascus International Fair with more than 10x the booked value of agreements compared to last year — from a crowd nearly 40% smaller. Organizers put preliminary output at SYP 150 bn (c. USD 1 bn), against SYP 935 bn (c. USD 95 mn) at…...