Brent Falls to $89.66, Lowest Since August, as Trump Calls Iran War Over
Brent crude fell nearly 3% to $89.66, the lowest since 31 August, after Trump said the Iran war was 'effectively over'. Airlines rallied while BP and Shell slid.
Topic
Middle East
Topic
Middle East
Five PE Firms Open Abu Dhabi Offices in Six Weeks Despite War
Advent, EQT, Eurazeo, Pantheon and New Mountain have all opened ADGM offices since late September, betting Gulf sovereign wealth…
Goldman Sachs sees oil averaging $130 a barrel next year
Goldman Sachs says Brent could average $130 a barrel next year and hit $140 in 2027 if Middle East supply stays 3.5 million barre…
Oil Flows Through Hormuz Now Top Prewar Levels, Kpler Data Shows
Hormuz oil flows exceed prewar levels at 24 million barrels a day, Kpler says, as markets price a 'forever conflict' capped by mu…
Hub71 and Key Capital Deepen Tie to Widen Startup Investor Access
Hub71 and Key Capital have expanded their partnership to widen global investor access for Abu Dhabi startups. No financial terms,…
A Bay Area VC Just Broke Rank and Opened Its First Foreign Office in Doha
A Bay Area-headquartered US venture firm has chosen Doha for its first office outside its home market, Semafor reports — a break…
Missiles Over Riyadh Raise the Price of Doing Business in Saudi Arabia
A Houthi strike on Aramco HQ and four attacks on Riyadh's airport have revived a security premium: Delta delays its Riyadh route…
Dubai's Oraseya Capital Doubles Venture Fund to $272 Million
Dubai-based Oraseya Capital has doubled its venture fund to $272 million, Dealroom reports, expanding its capacity to back startu…
Oraseya Capital Doubles Dubai Venture Fund to $272 Million
Dubai's Oraseya Capital has doubled its venture fund to $272 million and broadened its global mandate, per FWDStart, expanding it…
Jordan Veterans Program Spawns New Wave of Small Businesses
A Veterans Entrepreneurship Program in Jordan is producing a new wave of small businesses, regional outlet Zawya reported. The in…
Paymob Leads Africa and Middle East Startup Funding With $35M Round
Startups across Africa, the Middle East and Israel raised $133.8M this week, led by Paymob's $35M growth round from Mubadala and…