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Economy & Finance

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Rates, inflation, currency, taxes and financial policy, translated into consequences for households and enterprise.

150 published briefs across 9 countries

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Industrial projects bolster Oman investment drive

Hotpack and Sea Pride plan to establish a packaging complex in Khazaen Economic City, with investment expected to exceed RO 30 million over three years, as part of broader industrial partnerships driving…

Source: Oman Observer: Economy

Europe’s LNG Imports Fall 13% in Q3 2026

Europe’s LNG imports declined 13% year-on-year to 21.52 million metric tons in Q3 2026, compared with 24.73 mmt in Q3 2025, according to Attaqa’s energy research unit (report published Oct 16). The decrease…

Source: Egypt Oil & Gas

Aramco JV refinery in China receives first crude shipment

A Saudi Aramco joint venture, Huajin Aramco Petrochemical, located in Panjin, Liaoning, China, has received its first shipment of crude oil as it moves toward commercial operations at a 300,000 bbl/d refinery…

Source: Egypt Oil & Gas

OJK approves merger of two BPR banks in Magelang

Indonesian financial regulator OJK approves the merger of PT Bank Perekonomian Rakyat Mulyo Lumintu into PT BPR ... in Magelang, central Java. Details on the beneficiary parties or final structure were not…

Source: ANTARA Financial News

AI platform targets Oman construction claims

Masin AI has launched an artificial intelligence platform in Muscat to assist project owners, contractors and consultants with construction contracts and claims in Oman, aiming to streamline processes in the…

Source: Oman Observer: Economy

US Treasury urges renaming AI as “super intelligence”

A US Treasury–related call for global partners to rename artificial intelligence as “super intelligence” highlights ongoing framing discussions about the technology. Details on adoption, policy, or criteria…

Source: Oman Observer: Economy

Eni CEO Calls for EU ETS Suspension to Ease Industrial Costs

Claudio Descalzi, CEO of Eni, urged the European Union to suspend its carbon emissions trading system (ETS) to reduce pressures on the bloc’s industrial sector amid ongoing crises in Ukraine and Iran. He said…

Source: Egypt Oil & Gas

France faces higher borrowing costs, says finance minister

France’s finance minister described rising government debt interest rates as an alarm signal. While investors retain confidence in Paris’s bonds, the heightened costs are noted as a warning sign for the…

Source: Daily Sabah: Economy

IMF projects 7.7% UAE growth for 2027

The International Monetary Fund (IMF) forecasts the United Arab Emirates’ economy to grow by 7.7% in 2027, marking it as one of the fastest-expanding and most efficient economies in the Gulf region. The IMF…

Source: Al Khaleej: UAE Markets

Oman Seen Maintaining 2.4% Growth This Year, IMF Says

The IMF projects Oman to be the Gulf’s sole country with positive growth this year, at about 2.4%. Details from the IMF assessment are not provided in the sourced material. Uncertainty remains about broader…

Source: Oman Observer: Economy

Türkiye reports 17 funds settled; eyes Atlas deal this week

Turkey’s Vice President Cevdet Yılmaz said 17 investment funds ordered liquidated after last month’s crisis have settled, with talks on an ordinary liquidation ongoing and potential progress toward an Atlas…

Source: Daily Sabah: Economy

Nobel Prize in Economics Awarded to Hall and Woodford

American-born economists Robert E. Hall and Michael Woodford receive the Nobel Prize in economics for work on microeconomic foundations of macroeconomic stability. The announcement highlights their…

Source: Daily Sabah: Economy

Indonesia warns how to tell if car battery is weakening

An Indonesian automotive article explains signs that indicate a vehicle battery (aki) is weakening, highlighting its importance in supplying electrical power to start the engine. The piece notes practical…

Source: ANTARA Economy

Qatar's Finance Minister Meets Lord Mayor of London

The Minister of Finance of Qatar, Ali bin Ahmed Al Kuwari, met with Dame Susan Langley, the Lord Mayor of the City of London, during her visit to Qatar. Details of discussions or outcomes were not provided in…

Source: Qatar News Agency: Local Economy

Oman’s International Financial Centre targets 2027 launch

The International Financial Centre of Oman (IFC Oman) intends to start registering companies later in the year, with full licensing operations anticipated in 2027, as it progresses its development plans.

Source: Oman Observer: Economy

Bank Liquidity Need Rises in September (Morocco)

Morocco’s central bank reduced overall injections to 152.5 billion MAD as the liquidity need grew to 136.5 billion MAD in September. The injections comprised 57.1 billion MAD of 7-day advances, 47.6 billion…

Source: La Vie Éco

Morocco-Dirham depreciates against the dollar by 2.95%

According to La Vie Éco, official foreign reserves stood at 515.7 billion dirhams on October 2, up 1.8% versus the prior week and 23% year over year. The report notes a 2.95% depreciation of the dirham…

Source: La Vie Éco

Türkiye extends high-speed rail network to EU border

Türkiye opened the Çerkezköy-Kapıkule section of its Halkalı-Kapıkule railway, extending the national high-speed rail network toward the Bulgarian border. The new section measures 153 km, linking domestic…

Source: Daily Sabah: Economy

US, Russia discuss gas sale to Europe amid Ukraine conflict

Russian and US officials reportedly held discussions on involving a US investor in Nord Stream gas flows to Europe, amid ongoing Ukraine war tensions. Details, timelines, and parties involved remain unclear;…

Source: Oman Observer: Economy

BNI updates WOND R features for priority customers

Indonesia’s PT Bank Negara Indonesia (Persero) Tbk (BNI) announced updates to the WOND R digital features available to priority customers, signaling continued enhancement of its digital banking suite.

Source: ANTARA Financial News

Ooredoo Qatar Signs Strategic Agreement with McKinsey & Company

Ooredoo Qatar has signed a strategic agreement with McKinsey & Company to support its next phase of transformation, with a focus on digital technologies and artificial intelligence (AI). The announcement…

Source: Qatar News Agency: Local Economy

QSE Index Opens Higher on Opening Trade

The Qatar Stock Exchange (QSE) opened with a marginal gain, up 0.04% and 3.75 points to 9,263, supported by gains across three sectors. No further details on sectors or drivers beyond the opening move.

Source: Qatar News Agency: Local Economy

Spain approves urgent housing decrees after unrest

Spain’s government approved emergency housing measures following violence in Barcelona tied to housing concerns, with details of the decrees not disclosed. The situation remains uncertain as authorities…

Source: Daily Sabah: Economy

Investors in Morocco’s Critical Minerals Stand Out

A Moroccan surge in critical mineral mining has seen hundreds of millions of dollars invested to develop numerous deposits. A focused look highlights a cluster of investors who are emerging as standout…

Source: La Vie Éco

Es’hailSat Showcases Sovereign Capabilities at CABSAT 2026

Es’hailSat, the Qatar Satellite Company, is exhibiting at CABSAT SATExpo in Dubai, highlighting its sovereign capabilities for the region’s communications, broadcast, and satellite technology sectors.

Source: Qatar News Agency: Local Economy

MRMIA Sets October Deadlines for Gold Exploration Blocks

Egypt’s Mineral Resources and Mining Industries Authority (MRMIA) has announced closing dates in October for bidding on three gold exploration blocks under its Open Blocks System. Details on the blocks…

Source: Egypt Oil & Gas

Global M&A activity cools in Q3 as borrowing costs bite

Global mergers and acquisitions slowed in Q3 to $993 billion, down 41% from the previous quarter, the first quarter below $1 trillion since a prior period. The slowing pace reflects tighter financing…

Source: Daily Sabah: Economy