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07.08.2025 9:16
Cheap Stocks and Market Reforms Draw Foreigners to Saudi A rush of reforms is making it easier for foreigners to invest in Saudi Arabia, boosting confidence among investors that the country’s stock market will one day compete with global rivals even as equities currently underperform and trading volumes decline.

07.08.2025 11:10
Sanctioned Ship Sale to India Scrapyard Show Dark Fleet Pain The sale of a US-sanctioned tanker being pulled apart in India includes extended payment terms and measures to shield the identity of the owner, unusual clauses that point to growing pressure on older dark fleet vessels as sanctions enforcement tightens.

07.08.2025 11:10
07.08.2025 11:10
Adnoc Distribution CFO: Fuel Growth Driving Bottom Line Adnoc Distribution has reported double-digit profit growth for the first half of 2025. Net income grew 12.2% year on year to $358 million. The UAE-based fuel retailer is continuing to focus on its strategic network expansion, adding 47 new service stations. Adnoc Distribution CFO Ali Siddiqi spoke to Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg)

07.08.2025 11:24
BOE Set to Cut Rates to Two-Year Low: Decision Preview The Bank of England is set to cut interest rates to the lowest level in over two years, as its policymakers contend with a slowing economy and a jobs market rattled by higher taxes. Markets and economists expect the UK central bank to lower the benchmark rate by 25 basis points to 4%, sticking to its once-a-quarter pace of easing. It will announce the decision at 12 p.m. in London, followed by a press conference led by Governor Andrew Bailey half an hour later. Bloomberg’s Lizzy Burden reports.

07.08.2025 11:30
TPG-Backed SK Finance Set to Launch Scaled-Down IPO in India SK Finance Ltd., the Indian financing company backed by TPG Inc., is likely to begin taking investor orders its initial public offering by as early as next week after reducing the size of the deal, according to people familiar with the matter.

07.08.2025 13:05
Sanctioned Refiner Nayara Asks New Delhi for Shipping Help EU-sanctioned refiner Nayara Energy, part-owned by Russian oil major Rosneft PJSC, has asked the Indian government for help securing vessels to transport products locally after domestic shipowners stopped working with the company, according to a senior government official.


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