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Saudi Arabia Drops In-Person FII Investment Conference After Houthi Attacks, Reports Say

Saudi Arabia has decided not to hold its Future Investment Initiative conference in person next week, The Wall Street Journal and the Financial Times reported on Monday.

Iraq’s Oil Exports Top 3.4 Million Barrels a Day in October, Oil Minister Says

Iraq's oil exports have averaged more than 3.4 million barrels per day so far in October, up from 3 million bpd in September, Oil Minister Bassem Mohammed Khudair said on Monday.

Qatar’s Snoonu Acquires US Food-Video Startup BiteSight

Qatari delivery and commerce app Snoonu has acquired BiteSight, a US social and video commerce startup backed by Y Combinator. Terms were not disclosed.

Boubyan Bank Nine-Month Profit Rises 4% to KD80.7 Million

Kuwait's Boubyan Bank reported net profit of KD80.7 million for the first nine months of 2026, up 4% from a year earlier.

Kuwait and France Sign Eight Agreements, Including KIA Aviation Pact With Airbus

The Kuwait Investment Authority signed an aviation cooperation declaration with Airbus, one of eight agreements Kuwait and France concluded during President Emmanuel Macron's visit.

Republic of Congo Lists $1.55 Billion of Sovereign Bonds on Nasdaq Dubai

The Republic of the Congo has listed two sovereign bond issues totaling $1.55 billion on Nasdaq Dubai, the first African sovereign issuer to list securities on the exchange.

Emirates NBD to Run OpenAI Models on UAE In-Country Infrastructure

Emirates NBD will become the first bank in the Middle East and North Africa to deploy OpenAI GPT models using in-country inference infrastructure in the UAE, the companies said on Monday.

Saudi Arabia Urges GCC Shared Digital Network and Pooled Computing Power

Saudi Arabia called on Gulf Cooperation Council states to build sustainable digital connectivity and integrate computing capacity while protecting data sovereignty, Communications Minister Abdullah Al-Swaha said.

Saudi Capital Market Authority Proposes Holding-by-Holding Disclosure Rules for Investment Funds

Saudi Arabia's Capital Market Authority (CMA) has proposed requiring investment funds to disclose their 10 largest investments and the sources of the distributions they...

Standard Chartered’s SC Ventures Invests in Saudi Fintech Vrtx as Startup Closes $3.6 Million Pre-Seed Round

SC Ventures, the fintech investment and venture-building arm of Standard Chartered, has invested in Riyadh-based embedded finance startup Vrtx, the companies said on Monday. Vrtx...

Qatar’s Deputy Prime Minister Says Energy Shock From Iran War Has Yet to Peak, Warns Against Hormuz Transit Fees

The economic shock from disrupted Gulf energy supplies has not yet peaked, Qatar's Deputy Prime Minister and Minister of State for Defence Affairs Sheikh...

Saudi Arabia to Decide on Postponing FII Investment Conference After Wall Street Safety Concerns, Semafor Reports

Saudi Arabia is set to make a final decision as soon as Monday on whether to postpone the Future Investment Initiative (FII), its flagship...
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