Middle East
SaaS providers dominate region's investment landscape
Concerns arose from attacks on Russian refineries and potential conflict escalation in the Middle East
China and U.S. demand boost prices amid Middle East conflict
The attacks caused potential disruptions to oil capacity, estimated at 900k bpd
Robust M&A activity in the region with economic diversification driving growth
Rising tensions fuel fears of supply disruption
Declining gasoline supply in the U.S. indicates potential slowdown in crude demand
In December 2023, Cenomi Retail acquired 100 percent of the share capital of Innovative Outfit Trading Company
Surging prices fueled by refinery activity, China demand, and Middle East disruptions
Concerns over China's economic weakness continue to impact oil market
Mixed signals from U.S. jobs data impact prices
Federal Reserve signals drive gold to historic highs
The initiative seeks to advance tech sectors in the Middle East and Africa
The collaborative agreement seeks to advance cutting-edge AI research
OPEC+ reiterates commitment to keeping prices above the $80 per barrel mark
GenAI predicted to boost product quality, competitiveness, and workplace efficiency
Chinese demand recovers supporting market outlook
Persistent uncertainties shape precious metal's performance
Potential delay in U.S. interest rate cuts impacts crude market
Fed's cautionary stance weighs on energy markets amid geopolitical tensions
Economic data and Fed policy minutes shape investor sentiment in precious metals market
Egypt is creating favorable opportunities for companies interested in investing in the country
Investors eye U.S. economic data for Insights into Fed's policy outlook
