|
|
|
|
|
|
|
29.01.26 - 13:48
|
Tech′s AI Spending Boosts Stocks; Oil Rises on Trump Iran Threats | Bloomberg Brief 1/29/2026 (Bloomberg)
|
|
|
US equity futures gain as large tech firms including Meta announce plans to spend more on AI. SAP and Microsoft lag as their cloud businesses disappoint. The dollar weakens amid debasement fears while gold extends its record rally. Oil prices rise as President Trump warns Iran of military strikes if a nuclear deal is not reached soon. Marija Veitmane of State Street and Joel Kulina of Wedbush discuss this earnings season. (Source: Bloomberg)...
|
|
|
29.01.26 - 12:48
|
Explained: Visa′s dual-hub strategy in Dubai and Riyadh as Saudi Arabia tightens the rules (Times of India)
|
|
|
Global payments giant Visa is restructuring its Middle East operations, creating dual hubs in Dubai and Riyadh. This strategic shift acknowledges Saudi Arabia's new 'regional headquarters' policy, which mandates local HQs for government contracts. The move reflects intensifying competition among Gulf states for foreign investment and economic influence, with Riyadh emerging as a significant corporate center....
|
|
|
29.01.26 - 08:54
|
Fed Holds Rates; Saudi Arabia′s Giga Spending | Horizons Middle East & Africa 1/29/2026 (Bloomberg)
|
|
|
The Fed holds rates, with chair Jerome Powell pointing to an improving US outlook as the labor market steadies. Also on the show: a massive day of tech earnings, from Meta and Microsoft in the US to Samsung and SK Hynix in Asia; gold, copper and silver hit all-time highs on a weaker dollar and rising geopolitical tensions; Saudi Arabia is ordering sweeping changes across its most ambitious projects; African central banks are kicking off a busy month of interest-rate decisions. Guests include: Parisha Saimbi, BNP Paribas, EM Asia FXLM Strategist; Monica Malik, Abu Dhabi Commercial Bank, Chief Economist. (Source: Bloomberg)...
|
|
|
|
|
|
|
28.01.26 - 12:12
|
Trump Downplays Weak Dollar; US ′Armada′ Headed To Iran | Horizons Middle East & Africa 28/1/2026 (Bloomberg)
|
|
|
he US dollar plunges to its lowest level in nearly 4 years after President Donald Trump says he isn't concerned about its decline. Also on the show: investors gear up for a Fed rate decision; President Trump says the US has a big 'armada' headed to the Middle East because of Iran; Cameroon raises $750M in a dollar bond sale; Saudi Arabia looks to tap wealthy families in new quest for cash; a travel association in Turkey files a lawsuit seeking to block access to several major foreign booking platforms; Middle East businesses watching tensions between Saudi Arabia and the UAE with increasing nervousness. Guests include: Bhanu Baweja, UBS Investment Bank, Chief Strategist; Richard Windsor, Radio Free Mobile, Founder. (Source: Bloomberg)...
|
|
|
|
|
|
|
|
|
|
|
|
|
24.01.26 - 15:01
|
US Pledges To ′Starve′ Iraq Of Oil Revenue If Pro-Iran Parties Join New Government (ZeroHedge)
|
|
|
US Pledges To 'Starve' Iraq Of Oil Revenue If Pro-Iran Parties Join New Government
Via The Cradle
Washington has threatened to block Iraq's access to its own oil revenue held in the Federal Reserve Bank of New York if representatives of Shia armed parties enjoying support from Iran are included in the next government, Reuters reported Friday.
"The US warning was delivered repeatedly over the past two months by the US Charges d'Affaires in Baghdad, Joshua Harris, in conversations with Iraqi officials and influential Shi'ite leaders," Reuters reported, citing three Iraqi officials and one source familiar with the matter.
via AFP
The threat is part of US President Donald Trump's effort to weaken Iran through a "maximum pressure" campaign of economic sanctions, including on the Islamic Republic's oil exports. Trump also bombed Iran's nuclear sites as part of Israel's unprovoked 12-day war on Iran in June.
Because of US sanctions, few countries can trade with Iran...
|
|
|
|
|
|
|
|
|
|
|
|
|
20.01.26 - 11:24
|
Oman′s new auto insurance rules: Insurers to pay drivers for delayed car repairs (Times of India)
|
|
|
Oman's motor insurance sector is undergoing a major reform, mandating insurers to compensate drivers for delayed car repairs beyond a 30-day deadline. This groundbreaking move, a first in the Gulf, also introduces staged payments for workshops and expanded coverage for natural disasters. Policyholders now have more protection and flexibility, potentially setting a new regional standard....
|
|