Egypt Distressed Bonds Attract Yield Hunters on Asset-Sale Bets
Investors are looking anew at Egypt’s bonds after signs of progress in its plans to sell state assets.
2023-06-06 16:47
Real Madrid’s Karim Benzema to Receive Reported $300 Million for Saudi Move
Saudi Arabia’s $700 billion wealth fund and state oil firm Aramco are set to take control of several
2023-06-06 14:18
Pakistan Narrows Funding Gap, Hopes for IMF Loan This Week
Pakistan is pursuing efforts to secure the remaining $2 billion in external funding gap out of a $6
2023-06-06 13:16
Oil Dips as Optimism Over Saudi-Led Production Cut Fades Fast
Oil edged lower as traders weighed the outlook for supply and demand after Saudi Arabia’s surprise pledge for
2023-06-06 08:24
Asian Stocks Set for Mixed Open as US Rally Pauses: Markets Wrap
Asian equities looked poised for mixed open Tuesday after US stocks pulled back short of entering a bull
2023-06-06 07:47
PIF’s AviLease Nears Deal for Standared Chartered Jet Leasing Arm
AviLease, a jet lessor owned by Saudi Arabia’s Public Investment Fund, is in advanced talks to acquire an
2023-06-05 23:58
European Natural Gas Prices Jump as LNG Market Shows Signs of Tightening
European gas futures jumped 20%, the biggest jump since March amid signs of a tighter liquefied natural gas
2023-06-05 21:16
Erdogan’s Gas Giveway Helps Cool Inflation Before Policy Reboot
Turkey’s inflation decelerated to the slowest since 2021 as President Recep Tayyip Erdogan made good on a promise
2023-06-05 16:54
Swiss Underlying Inflation Gauge Slows Below SNB 2% Ceiling
A measure of underlying inflation in Switzerland slowed more than expected to below the central bank’s ceiling, giving
2023-06-05 16:15
IATA Latest: Profit May Hit $10 Billion, Twin Aisle Jet Crunch
The airline industry’s main lobby body is doubling its estimate for global net profit in 2023 as a
2023-06-05 15:23
Here’s What Morgan Stanley to Goldman Say About Saudi Output Cut
Saudi Arabia pledged an additional production cut in July to stabilize the oil market, ceding ground to two
2023-06-05 10:52
Oil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ Meet
Oil advanced at the week’s open after Saudi Arabia said it will make an extra 1 million barrel-a-day
2023-06-05 06:56