Middle East ETP News
you are currently viewing::RMB adoption in the Middle East is reshaping regional economies and trade flowsMarch 11, 2026--A new study by Standard Chartered pegs the primary drivers behind RMB's growth in the region to energy settlements in the Middle East The primary driver behind Renminbi's growth in the Middle East is the energy settlements in the region with Chinese buyers who are increasingly favouring RMB denomination, the global bank said in a study. Infrastructure finance, linked to China-backed projects and contractors, along with strategic diversification, further adds RMB optionality alongside the US dollar. Source: zawya.com |
UAE non-oil business activity expands to 12-month high in February
March 4, 2026--PMI points to growth in sectors such as construction, real estate, logistics and technology
The UAE's non-oil private sector expanded at the fastest pace in a year in February as business activity strengthened, according to new survey data released on Wednesday.
LNG shutdown sinks Qatar stocks but Tadawul rebounds
March 3, 2026-- Bourse dives as global markets reel on Middle East tensions.
Qatar LNG production still halted
Doha bourse lowest since June 2025
Saudi market up as Aramco advances
