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Angola is considering selling bonds in China or tapping Islamic debt markets in the Middle East as the oil-producing nation seeks to diversify its sources of financing, according to a senior finance official.
The Houthis launched a deadly missile attack on Thursday on the presidential palace in the Yemeni government’s interim capital of Aden, as Saudi Arabia blamed Iran for the recent dramatic escalation in the long-running war. Saudi Arabia and the internationally recognised government it backs in Yemen have come under sustained Houthi attack of late, shifting the focus of the wider Middle East war that erupted with US-Israeli strikes on Iran in February. The Iran-backed Houthis have seized swathes...
Rising fuel prices are having a negative impact on household budgets and sectors including transport, agriculture, and construction.
Bangkok, Oct. 15 (Jiji Press)--Finance ministers and central bank chiefs from the Group of 20 major economies met in Bangkok on Thursday to discuss ways to address rising inflation as crude oil prices remain high amid turmoil in the Middle East. Participants also discussed coordinating their policies to stabilize financial markets in light of a global rise in long-term interest rates, fuele...
Oil fell as concerns about the supply disruptions caused by the conflict in the Middle East eased and the International Energy Agency raised its forecast for the war’s impact on supply. Bloomberg's Stuart Livingstone-Wallace reports. (Source: Bloomberg)
Lorelai Jacinto had worked as a domestic helper in Riyadh for two and a half years before she flew home to the Philippines on September 19, increasingly worried that the conflict in the Middle East was making it unsafe to stay. “When the conflict with Iran happened, I started feeling like it wasn’t safe there any more because I was right there in Riyadh myself, so the bombing, the missiles, were closer to us,” Jacinto told This Week in Asia. “I got worried, I got scared that maybe I wouldn’t be...
Oil held a gain as a flare-up in attacks from Russia to the Middle East threatened supply that only recently recovered to near pre-war levels.
Oil gained Wednesday as hostilities intensified from Russia to the Middle East, threatening supply flows that only recently recovered to near pre-war levels. Brent traded above $106 after Iran-backed Houthi rebels launched missile and drone strikes across Saudi Arabia, including a hit that damaged Saudi Aramco’s headquarters. That added to an escalation in Iranian attacks on tankers in the Strait of Hormuz that’s threatening a rebound in Gulf supply. We discuss the latest energy headlines with Rob Barnett, Senior Energy Analyst for Bloomberg Intelligence. (Source: Bloomberg)
There has been a huge popular success for the IPO of the Dangote Refinery now ending on October 27th, 2026, after a 2-week extension. With the escalation of the conflict in the Middle East, the closure of the Strait of Hormuz has caused a surge in global crude prices and, in turn, supply shortages – pushing African and European countries to turn in mass to the Dangote refinery. The leading African producer of crude oil seeks to transform its status to a regional hub for refining and petrochemicals. FRANCE 24's Chinwe Ossundu reports.
Energy companies are poised to lead European earnings growth for a third straight quarter, as elevated energy prices stemming from the conflicts in the Middle East and Ukraine bolster profits across the sector.
Oil rose as a flare-up in attacks in the Middle East increased uncertainty over a recovery in energy flows from the Persian Gulf.
Egypt’s state-owned Banque du Caire is seeing strong interest in its sale of a 30% stake this month, as the Middle East’s most populous nation shrugs off turmoil elsewhere in the region to host two major initial public offerings.
Iraq, Bahrain, Kuwait and Qatar face double-digit declines in GDP amid the fallout from the US-Israel war on Iran.
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)
Analysts say opposition win in polls may bring only marginal change and no fundamental shift on Gaza, West Bank.
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Oil slipped as traders weigh a potential energy ceasefire between Ukraine and Russia while the IEA urged members to speed up pledged diesel releases. This comes after hostilities escalated across the Middle East, with strikes by Houthis on Saudi Arabia’s Riyadh airport. Angela Wilkinson, Secretary General at the World Energy Council spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa to discuss the pressures on the energy markets. (Source: Bloomberg)
Gold edged higher as traders assessed US President Donald Trump’s claim of an “energy ceasefire” between Russia and Ukraine, even as risks of a widening conflict in the Middle East raised inflation concerns.
Former White House Middle East Coordinator Brett McGurk tells Bloomberg This Weekend that the deadly attack on Riyadh's international airport underscores the growing threat from Iran-backed Houthi militants, while hardline leadership in Tehran complicates efforts to negotiate an end to the broader regional conflict. Speaking with hosts David Gura and Christina Ruffini, McGurk discusses his new book, Brink, which recounts negotiations to free the October 7 hostages, and warns that the Trump administration's Russian diesel agreement could undermine efforts to end the war in Ukraine. (Source: Bloomberg)
Bloomberg Reporters Alex Koccharov and Abeer Abu Omar join hosts David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the deadly attack on Riyadh's international airport and the growing risks to Gulf shipping, energy infrastructure and Saudi Arabia's investment ambitions. They also examine Ukraine's opposition to President Donald Trump's Russian diesel agreement, which Kyiv says could help finance Moscow's war, and the challenges facing negotiations to end the conflict. (Source: Bloomberg)