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News
Brookfield launches PIF-anchored Middle East-focused fund
9+ hour, 44+ min ago (26+ words) Brookfield raises $2 billion in first close of PIF-anchored Middle East-focused fund. CNBC's Dan Murphy reports. Brookfield launches PIF-anchored Middle East-focused fund...
IHG: Globally diversified business mitigating Middle East risk
2+ mon, 1+ week ago (37+ words) Elie Maalouf, CEO of IHG discusses the impact of the Middle East conflict and rising costs on the luxury travel industry, and explains how AI is shaping the business. IHG: Globally diversified business mitigating Middle East risk...
European defense startups eye commercial deals and hiring push in the Middle East amid the Iran war
3+ mon, 4+ week ago (799+ words) European defense tech startups are ramping up commercial discussions with Middle East governments since the Iran war, company execs told CNBC. Another CEO said interest from Gulf states was "skyrocketing" as they race to bolster measures to counter drone and…...
Dollar rebounds as Middle East tensions reignite, Hormuz closed
3+ mon, 1+ week ago (284+ words) The dollar headed for its highest level in a week at the start of Asian trading on Monday as renewed tensions in the Middle East sent investors scurrying for safe havens. The dollar index, which measures the greenback's strength against…...
Gold jumps over 3% on dip-buying as investors track Middle East tensions
4+ mon, 1+ day ago (316+ words) Gold prices surged more than 3% on Friday on dip-buying after a pullback earlier this week, while investors looked for signs of de-escalation in the Middle East conflict. Spot gold rose 3.6% to $4,536.29 per ounce. U.S. gold futures for April delivery…...
Oil rises 3% after Iran strikes Middle East energy facilities
4+ mon, 1+ week ago (372+ words) Oil prices rose as much as 3% on Thursday after Iran attacked several energy facilities across the Middle East following a strike on its South Pars gas field, a major escalation in Tehran’s war with the U.S. and Israel. Brent futures…...
Gold firms as investors assess Middle East fallout ahead of policy decisions
4+ mon, 1+ week ago (276+ words) Gold prices edged higher on Tuesday, buoyed by easing fears of prolonged disruptions to oil shipments, while investors assessed the economic impact of the Middle East conflict ahead of a slew of central bank policy decisions this week. Spot gold…...