Saturday , 7 February 2026

Recent Posts

Opec, allies meet in Abu Dhabi with deeper cuts off agenda

Bloomberg Ministers from Opec+ are gathering in Abu Dhabi with deeper production cuts off the agenda for now, but with a backdrop of growing concern about strength of oil demand as the global economy slows. Crude lurked in the low $60s for most of the summer as escalating tensions between the US and China and increasing fears of a looming …

Read More »

Deals worth $26 billion signed at fourth China-Arab states expo

BEIJING / WAM A total of 362 deals worth valued at $26 billion have been signed at the fourth China-Arab States Expo, reported the People’s Daily. The expos was held in northwest China’s Ningxia Hui Autonomous Region, with Chinese President Xi Jinping relaying a congratulatory message during the opening ceremony of the event. According to People’s Daily, “Over 2,900 regional …

Read More »

Aramco picks top banks for mega IPO

Bloomberg Saudi Aramco has picked a slew of banks to work on its planned initial public offering following intense lobbying by some of the world’s top dealmakers, people with knowledge of matter said. Aramco selected firms including Bank of America Corp., Citigroup Inc., Credit Suisse Group AG, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley for top …

Read More »