Weakest level in a month for the U.S. dollar after Iran ceasefire deal
Weakest level in a month for the U.S. dollar followed a fast change in market mood. Investors had prepared for deeper conflict, higher oil prices, and wider pressure across global trade. Once ceasefire headlines appeared, many funds cut defensive positions and moved back toward risk assets. The dollar had gained support earlier because traders saw […]
GCC banking sector revenues reach records as lending stays strong in Q4
The quarterly rise reached 1.7 percent, showing banks still expanded income despite softer fee generation. Net interest income did most of the work as lending volumes increased across major Gulf markets. Non-interest income slipped after seven rising quarters, trimming part of the gain from core banking activity. At the same time, impairments climbed to their […]
THE ALGORITHM OF A CITY
For forty years, the blueprint for economic dominance in the Middle East was forged in concrete and steel. The metric of success was vertical—how high the towers reached, how massive the man-made islands spread. Capital was visible. It cast long shadows across Sheikh Zayed Road. But a silent, profound pivot is currently underway inside the […]
THE ALGORITHM OF A CITY
For forty years, the blueprint for economic dominance in the Middle East was forged in concrete and steel. The metric of success was vertical—how high the towers reached, how massive the man-made islands spread. Capital was visible. It cast long shadows across Sheikh Zayed Road. But a silent, profound pivot is currently underway inside the […]