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Middle East Markets Retreat as Investors Steer Clear of Most-at-Risk Region

(Bloomberg) --Middle Eastern markets can hardly be accused of complacency over the latest surge in regional tensions, even if global investors are taking a...

Over 50 Dead, Hundreds Injured in Deadly Stampede at Soleimani’s Funeral in Iran

(Bloomberg) --Iran said it is evaluating 13 possible ways to inflict a “historic nightmare’ on the U.S. for killing a powerful Iranian general, whose...

Middle East startup ecosystem raises record $704 million in 2019, FinTech on top

The year 2019 saw a record 564 startup investments across Middle East and North Africa (MENA) region, amounting to $704M in total funding, excluding...

Oil Steadies While Traders Watch For Middle East Supply Disruptions

(Bloomberg) --Oil rose on Monday but pared most of its earlier gains as investors took stock of the fact that there hasn’t been a...

Oil Set for Bumpy Week as US Says Iran May Strike Saudi Again

(Bloomberg) --Oil is set for a bumpy week as the U.S. warned Iran may attack Saudi Arabia again following the American assassination of one...

Gulf States Move to Prevent Escalation After Soleimani’s Killing

(Bloomberg) --Gulf Arab states, potential targets for retaliation after the U.S. assassinated Iran’s top general, are working on multiple tracks to try to...

Middle East Stocks Get a Mauling as As Geopolitical Risks Flare

(Bloomberg) --The U.S. killing of Iran’s most senior military commander reverberated through Middle Eastern markets, sending stocks into retreat and setting the tone for...

Saudi Aramco Undergoes Stern First Test Within a Month of Historic IPO

(Bloomberg) --Saudi Aramco’s status as an oil-producing behemoth located in one of the world’s most turbulent regions always marked it as likely to suffer...

Saudi Deputy Defense Minister to Visit Washington, London Amid Simmering Tensions

(Bloomberg) --Saudi Arabia’s Crown Prince Mohammed bin Salman instructed Deputy Defense Minister Khalid bin Salman to head to Washington and London in the next...

World Economy’s Prospects for Stable 2020 Tested by US-Iran Tension

(Bloomberg) --Just as the world economy was stabilizing after its worst performance in a decade, a U.S. airstrike in Iraq that killed one of...