2024-09-01 11:02:19 +0300

Coinbase-Backed Crypto Firm Rain Financial Cuts Jobs

Bloomberg

By Ben Bartenstein

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.

Rain Financial Inc., one of the Middle East’s largest crypto exchanges, reduced staff amid a recent downturn in digital assets.

#recentdownturn #eastnewsletter #rain #cryptoexchanges

Continue read on bloomberg.com

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Saudi Central Bank Hires Crypto Chief to Boost Digital Ambitions

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MarketsBy Kerim Karakaya2024-09-01 17:05:30 +0300

Gas Firm’s Hunt for Dollars Boosts Turkish Coffers to a Record

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MarketsBy Archana Narayanan2024-08-22 12:13:52 +0300

UAE Exchange Firm Al Ansari Picks Banks for Dubai Listing

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Al Ansari Exchange has picked EFG-Hermes and Emirates NBD Bank PJSC...

#eastnewsletter #emirate

MarketsBy Matthew Martin2024-09-07 07:00:00 +0300

Investcorp, Mubadala Back TruKKer Fundraise Ahead of Planned IPO

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Middle Eastern logistics startup TruKKer raised $100 million from...

#logistics #startup #investment #eastnewsletter #ipo

MarketsBy Gwen Ackerman2024-09-14 09:19:38 +0300

Israeli Army Officer Killed in West Bank Amid Surge in Violence

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. An Israeli army officer was killed overnight in the West Bank during...

#armyofficer #WestBank #eastnewsletter

MarketsBy Dina Khrennikova2024-09-05 15:01:01 +0300

OPEC+ Agrees to Make Token Supply Cut to Steady Oil Market

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. OPEC+ agreed to make a token oil supply cut for October, seeking to...

#oil #eastnewsletter #economicbackdrop #rout

MarketsBy Salma El Wardany2024-09-05 11:35:37 +0300

OPEC+ to Discuss Potential Supply Cut Amid Oil Demand Concerns

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. OPEC+ will discuss options including an output cut of 100,000...

#weakeningeconomy #eastnewsletter #slowingdemand #oil #fore

MarketsBy Tugce Ozsoy2024-09-15 15:11:35 +0300

Boom in Turkish Bank Stocks Is Halted by $5.1 Billion Rout

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkish bank stocks headed for their steepest three-day drop on...

#bankstocks #Turkish #eastnewsletter #hugegains

MarketsBy Anthony Di Paola2024-08-23 08:30:00 +0300

Aluminum Rally Pushes Top Gulf Producer EGA to Record Profit

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Emirates Global Aluminium PJSC, whose shareholders are considering...

#eastnewsletter #aluminium #emirate #beer #profit

MarketsBy Grant Smith2024-09-05 18:05:04 +0300

Saudis Say OPEC+ Will Remain Proactive After Agreeing Output Cut

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. The first OPEC+ oil supply cut in more than a year shows the group...

#oil #yearshows #eastnewsletter

TechnologyBy Kerim Karakaya2024-08-30 13:58:37 +0300

Turkey Says Fugitive Crypto CEO Arrested in Albania Over Fraud

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey said Albanian police have arrested Fatih Ozer, the founder...

#ceo #police #cryptocurrency #eastnewsletter

MarketsBy Sharon Cho2024-08-23 10:12:18 +0300

Saudi Arabia’s Possible Oil Supply Cut Rattles Refiners in Asia

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. A suggestion from Saudi Arabia that OPEC+ may cut oil output has...

#refiner #eastnewsletter #oiloutput #processor #suggestion

MarketsBy Sharon Cho2024-08-22 08:22:11 +0300

Oil From Faraway Makes Inroads in Asia in Hurdle for Middle East

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. The physical crude market in Asia is softening as oil from as far...

#oil #crudemarket #eastnewsletter

MarketsBy Grant Smith2024-09-01 15:02:21 +0300

OPEC-Watchers Expect Steady Output as Oil Outlook Tightens

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. OPEC+ is expected to keep output steady when it meets next week,...

#eastnewsletter #OilMarkets #output #rout

MarketsBy Nicolas Parasie2024-09-15 11:55:30 +0300

Citi Saudi Arabia CEO Al Khatib Resigns a Year After Joining Bank

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Citigroup Inc.’s chief executive officer for Saudi Arabia, Wassim Al...

#eastnewsletter #ceo

PoliticsBy Sylvia Westall2024-08-22 09:46:36 +0300

Biden Discusses Nuclear Talks With Europeans: Iran Snapshot

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Here is a snapshot of what’s happening with Iran, its nuclear talks...

#nucleartalks #eastnewsletter #snapshot

MarketsBy Selcan Hacaoglu2024-09-16 14:56:56 +0300

Erdogan Seeks Out Russian Help for Economy Under Pressure

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey’s President Recep Tayyip Erdogan is seeking even closer...

#economy #president #election #turkishofficials

MarketsBy Beril Akman2024-09-12 10:22:39 +0300

Turkey Current Account Deficit Widens More Than Expected in July

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey’s current account deficit widened more than expected, driven...

#accountdeficit #eastnewsletter

PoliticsBy Shaji Mathew2024-08-21 17:18:35 +0300

UAE Reinstates Ambassador to Iran as It Seeks to Rebuild Ties

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. The United Arab Emirates will reinstate its ambassador to Iran as...

#eastnewsletter #diplomaticties #ambassador

TechnologyBy Monique Vanek2024-09-06 10:57:00 +0300

UAE Fintech Optasia Steps Up Global Expansion to Target Unbanked

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. United Arab Emirates-based Optasia plans to grow its...

#business #largermarket #eastnewsletter #fintech