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Artificial intelligence
Microsoft to invest $1.5bn in Abu Dhabi AI group G42
...It also shows how the Gulf, long seen by many in Silicon Valley as an easy source of funding, is increasingly regarded as a credible technology partner....
April 16, 2024
LexUS banks
US capital rules could narrow bank sector’s transatlantic gulf Premium content
...European bank bosses have groaned but generally have followed the lead of the European Central Bank or Bank of England. US banks just see a horror show....
January 25, 2024
FT Live
Africa Summit
Africa in a complex world
Tuesday, 29 OctoberLondon, UK
Oil & Gas industry
World’s most indebted oil group hits out at critics
...However, he said that Pemex would “keep working with private companies,” adding it would soon announce a private partner for a major deepwater gasfield in the Gulf of Mexico called Lakach....
April 18, 2024
News in-depthMiddle East conflict
The Arab balancing act as Iran and Israel raise the stakes
...For Saudi, the calculations have been similar to its Gulf neighbour....
April 15, 2024
The Big Read
How Gulf states are putting their money into mining
...Through such investments, the kingdom hopes to position itself at the centre of a “super region” spanning Africa, central Asia and south Asia....
April 1, 2024
Houthi movement
Three killed in Houthi attack on cargo ship off Yemeni coast
...According to the US military’s central command (Centcom), the anti-ship ballistic missile that hit the vessel was launched at 11.30am local time on Wednesday....
March 7, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
Middle Eastern economy
Big companies heed Saudi Arabia’s demand to set up regional HQs
...are uncomfortable with the regulatory implications of setting up a regional headquarters in the Gulf kingdom....
March 10, 2024
Global migration
Colombian ferry strike halts migration to US via treacherous border crossing
...In response, a group of seven ferry companies announced they would not run migrants across the gulf, and would only offer services to tourists and residents of the region....
February 29, 2024
Middle Eastern politics & society
Vladimir Putin meets leaders of Saudi Arabia and UAE in whistle-stop Gulf tour
...Representatives of the most important Russian energy companies also took part in the talks, according to state news agencies....
December 6, 2023
Houthi movement
Fuel tanker’s crew extinguish fire after hours of struggle
...Earlier on Friday, the Houthis fired an anti-ship ballistic missile at the USS Carney, a US navy vessel in the Gulf of Aden. US Central Command said the Carney had successfully shot the missile down....
January 27, 2024
Aerospace & Defence
Germany lifts objection to sending Eurofighter jets to Saudi Arabia
...The UK fears Saudi Arabia, which is looking to replace its ageing fleet of Tornadoes, might pursue a rival offer of Rafale jets from the French company Dassault....
January 8, 2024
Instant InsightRobin Harding
The big test is yet to come for the BoJ
...Apathy and anticlimax are what a central bank aspires to when the time comes for a momentous policy decision....
March 19, 2024
Corporate bonds
European corporate credit spreads hit two-year low as rate cut hopes shift
...Markets have also been pricing in fewer interest rate cuts on both sides of the Atlantic, with the European Central Bank more likely to cut first....
March 14, 2024
FirstFT
FirstFT: Bank of Japan raises interest rates in historic shift
...Companies: Chinese internet giant Tencent and US semiconductor maker Micron Technology report results. Five more top stories 1....
March 19, 2024
Energy Source
Why Russia is pushing into Africa’s nuclear energy market Premium content
...For decades, Gulf states have built their wealth on plentiful oil and gas reserves, which have powered the global economy....
April 2, 2024
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Houthi movement
Crew abandons ship in most damaging strike yet by Yemen’s Houthis
...Another dry bulk carrier, the Sea Champion, faced two missile attacks on Monday in the Gulf of Aden....
February 19, 2024
Opec
Angola quits Opec after clashes with Saudi Arabia
Africa’s second-biggest oil producer exits cartel amid row over production targets
December 21, 2023
Houthi movement
US launches fresh strikes on Houthis as Red Sea trade disruption spreads
...Figures from Clarksons, the London-based shipping services company, suggested that more classes of ships were beginning to divert: between January 13 and 15, arrivals of dry bulk carriers in the Gulf of...
January 16, 2024
War in Ukraine
US hits Turkish and Chinese companies over Russia trade
...to Russia either directly or through intermediaries in central Asia and eastern Europe....
December 12, 2023
Emerging market investing
Emerging market debt issuance hits record as borrowing costs fall
...Governments and companies in emerging markets have sold a record $50bn in debt in the first days of 2024 as they rush to lock in a recent sharp drop in borrowing costs....
January 10, 2024
News updates from November 27: Israel-Hamas truce extended by two days, Qatar says, Fast-fashion group Shein files confidential IPO paperwork in US
Rockets fired from Houthi territory in Yemen towards US naval ship and Israeli-linked commercial vessel
...The Central Park, a Liberia-flagged oil and chemical products carrier, is owned and managed by a UK-based, Israeli-affiliated company, according to security consultancy Ambrey....
November 27, 2023
Germany
German foreign minister Annalena Baerbock stranded in Gulf after aircraft malfunction
...German foreign minister Annalena Baerbock was left stranded in the Gulf after the latest in a series of plane malfunctions that forced her aircraft to jettison most of its fuel....
August 14, 2023
Houthi movement
US conducts fourth strike on Houthis over trade disruption
...US Central Command forces on Wednesday conducted strikes on 14 Houthi missiles, which it said the rebel group was preparing to fire from areas it controls in Yemen....
January 18, 2024
The World 2024
African leaders gain in confidence despite setbacks
...A trade and investment push by the likes of Turkey, India, Brazil, and the Gulf states is an indication of outsiders courting favour in Africa in order to cement deeper ties....
January 17, 2024
AP Møller-Maersk AS
Maersk reroutes Red Sea ships ‘for foreseeable future’ as container rates shoot higher
...“We have therefore decided that all Maersk vessels due to transit the Red Sea/Gulf of Aden will be diverted south around the Cape of Good Hope for the foreseeable future.”...
January 5, 2024

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