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Oil slips below $60 on Russia-Ukraine peace deal talks, weak China data.

  • December 16, 2025
  • Stella
  • Finance
Oil prices fell more than $1 on Tuesday to below $60 a barrel – ‍the ‌lowest since May this year – as prospects for a Russia-Ukraine peace deal appeared...
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World Bank, Vakifbank to mobilise up to $1.7 billion for Turkey’s small businesses.

  • December 16, 2025
  • Stella
  • Finance
The World Bank ‍is ‌partnering with Turkey’s Vakifbank to mobilise up ⁠to 1.5 ‌billion euros ($1.76 billion) to expand access to finance for the country’s micro, small ⁠and medium...
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Citi investment head joins BlackRock to run $80 billion wealth assets portfolio.

  • December 16, 2025
  • Stella
  • Finance
BlackRock said on Monday the head of Citi’s investment management arm has joined the firm to lead a new initiative, which will oversee about $80 billion of the bank’s...
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Saudi IsDB approves $1.37bn in financing to support development projects in 12 countries.

  • December 15, 2025
  • Stella
  • Finance
Saudi Arabia’s Islamic Development Bank has approved a new package of projects with a total value of approximately $1.37 billion, allocated to support 12 member countries.  The approval was...
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Egypt signs $200 million deal with Qatar to produce aviation fuel from used cooking oil.

  • December 15, 2025
  • Stella
  • Finance
Egypt has signed a contract with Qatar’s Al Mana Holding for a first-phase investment of $200 million to produce sustainable aviation fuel from used cooking oil in the Suez...
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Mali finally returns $400 million in gold to Australian operator amid settlement.

  • December 15, 2025
  • Stella
  • Finance
The order comes as Mali’s military-led government, headed by General Assimi Goïta, pursues a five-year presidential mandate amid persistent political instability and efforts to position the country as more...
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UAE gold prices edge higher as global rates surpass $4,376 on weaker dollar ahead of key U.S. jobs report

  • December 15, 2025
  • Stella
  • Finance
Gold continued to rise on Monday, bolstered by a declining dollar and lower U.S. Treasury yields. Investors are anticipating important U.S. jobs data for insights into the Federal Reserve‘s...
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China urges Gulf nations to seal free trade agreement.

  • December 15, 2025
  • Stella
  • Development
China’s Foreign Minister has recently urged the GCC region to conclude talks on a free trade deal with China, noting that negotiations on the China-GCC Free Trade Agreement have...
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US regulator grants crypto firms initial approval to launch trust banks.

  • December 12, 2025
  • Stella
  • Finance
Crypto giants including Ripple and Circle on Friday received preliminary approval from a top ​banking regulator to establish national trust banks, in a ‌major move that could further integrate...
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India secures $135 billion in FDI commitments in 2025 amid global investment surge.

  • December 12, 2025
  • Stella
  • Finance
India is witnessing an unprecedented surge in foreign direct investment commitments in 2025, with global corporations, from technology titans to semiconductor makers, automobile firms, financial services players and energy...
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Recent Posts

  • Goldman says Hormuz oil flows may recover to only 70% after war
  • Argus: U.S-Iran Deal Won’t Lead to One-Way Traffic to Plunging Oil Prices
  • Saudi Aramco Eyes $7 Billion Sulfur Asset Sale as Demand Soars
  • American oil giant joins South Africa’s first LNG import hub as coal-dependent economy races to secure future power supplies
  • Zimbabwe to expand gold processing capacity with new refinery amid record production surge.

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Goldman says Hormuz oil flows may recover to only 70% after war June 18, 2026
Argus: U.S-Iran Deal Won’t Lead to One-Way Traffic to Plunging Oil Prices June 18, 2026
Saudi Aramco Eyes $7 Billion Sulfur Asset Sale as Demand Soars June 18, 2026
American oil giant joins South Africa’s first LNG import hub as coal-dependent economy races to secure future power supplies June 18, 2026
Zimbabwe to expand gold processing capacity with new refinery amid record production surge. June 18, 2026

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Goldman says Hormuz oil flows may recover to only 70% after war June 18, 2026
Argus: U.S-Iran Deal Won’t Lead to One-Way Traffic to Plunging Oil Prices June 18, 2026
Saudi Aramco Eyes $7 Billion Sulfur Asset Sale as Demand Soars June 18, 2026

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