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Ukraine war and sanctions to shrink Russian economy by 10%

CorporatesRussia/CISCEEMEAMoscow

Putin issues decree requesting ‘unfriendly’ countries pay for gas in roubles

FICCRussia/CISCEEMEAMoscow

UK economy grows faster than first thought but contraction looms

CorporatesEuropeLondon

Russia Will Gradually Transfer Gas Payments to Rubles: Kremlin

FICCRussia/CISCEEMEAMoscow

Saudi Arabia makes $5bn deposit in Egypt Central Bank

CorporatesSaudi ArabiaMENA/GCCCairoRiyadh

Prominent UAE businessman, Easa Saleh Al Gurg, passes away

MENA/GCCCEODubai

First Abu Dhabi Bank gives initial price guidance on green bonds

CorporatesMENA/GCCAbu Dhabi

Spotting an opportunity: Nigeria exploits anti-Moscow sentiment as oil giant offers to replace Russian gas in UK and Europe

FICCEuropeRussia/CISSub-Saharan Africa

Russia-Ukraine war has made it nearly impossible for BoE to forecast UK economy, warns governor Bailey

FICCEuropeRussia/CIS

Stocks Fall as 10-Year Yield Drops; Dollar Gains: Markets Wrap

EquitiesAsia

Smart mobility company Barq EV launches in the UAE

Venture CapitalFICCMENA/GCC

Consumer confidence in Saudi Arabia rises on economic incentives, oil prices surge

FICCAsset ManagementSaudi ArabiaRiyadh

Dubai receives 57% of MENA scaleup funding

Asset ManagementMENA/GCCDubai

Barclays expects £450mn hit from ETN trading error

Investment Banking

Joe Biden proposes increased US military spending in $5.8tn budget

Asset ManagementUS

Germany vows to end dependence on Russian gas by 2024 as US offers extra shipments

FICCEuropeRussia/CISFrankfurtMoscow

‘Wall of worry’ knocks UK consumer confidence

Russia/CISEuropeMoscowKiev

Tech Drags Stocks Lower as Treasury Yields Soar: Markets Wrap

Investment BankingUSNew York

Business24-7 expands services to online traders in the MENA region

Investment BankingMENA/GCC

Dubai to get new entity to protect consumer rights, ensure fair trade

FICCLegalMENA/GCCDubai

Mideast Stocks: Dubai ends 1% higher while Abu Dhabi gains 0.3%

Investment BankingMENA/GCCDubaiAbu Dhabi

GCC luxury market to reach $11bln in 2023: Dubai’s Chalhoub Group

MENA/GCCDubai

Worsening war and weak sales data hamstring FTSE

Investment BankingRussia/CISEuropeMoscowKiev

FCA scraps ‘misleading’ fund performance disclosure rules

Asset ManagementPortfolio Manager