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UAE President travels Eastern Europe, meets Hungary’s Orbán

Dubai developer Mohamed Alabbar joins entourage in Serbia and Albania, works with Jared Kushner to build a Trump Tower and hotel in Belgrade

Neom’s mega-city The Line comes under scrutiny for soaring costs

The Saudi Public Investment Fund has asked consulting firms to conduct a review and suggest possible changes amid declining world oil prices

Wizz Air leaves Abu Dhabi, blaming costs, regional tension

Wizz Air Abu Dhabi teamed up with ADQ in 2019 to focus on low-cost flights from the UAE capital to cities in the Middle East, Africa and India

OPEC predicts decline in demand, driven by China’s slowdown

In the long run, OPEC sees global demand steadily rising again as consumption grows in India, the Middle East and Africa

Saudi Arabia’s Sabic considers IPO for its industrial gas unit

The Saudi maker of petrochemicals and fertilizers that is 70% owned by Aramco has posted losses in its past two quarters

Quick Hits

summer travel

UAE President travels Eastern Europe, meets Hungary’s Orbán

shale sale

BlackRock nears $10 billion deal in Saudi Aramco’s gas push

UAE President Mohamed bin Zayed met with Serbian President Aleksandar Vučić in Belgrade on Thursday. (@MohamedBinZayed/X)

The Daily Circuit: MBZ in Budapest + BlackRock’s $10B Saudi deal

PLANNNG AHEAD

Saudis bet big on gaming with $38 billion in long-term investment

U.S. President Donald Trump greets Crown Prince of Bahrain Salman bin Hamad Al Khalifa as he arrives outside the West Wing of the White House in Washington on Wednesday. (Anna Moneymaker/Getty Images)

The Daily Circuit: Bahrain brings deals to D.C. + Musk seeks Saudi data capacity

'real deals'

Bahrain’s Premier pledges $17B in investments at Trump meeting

breaking bread

Bahrain, Qatar royals invited to dine with Trump at White House

Crown Prince Salman bin Hamad Al Khalifa, Prime Minister of Bahrain, attended a reception hosted by the U.S. Chamber of Commerce at its headquarters on Tuesday, bringing together Bahraini and American companies. Sheikh Isa bin Salman Al Khalifa, the Minister of the Prime Minister’s Court also attended. The delegation was greeted by Ross Perot Jr., Chair of the Board and Chair of the Executive Committee of the Chamber. (Court of the Crown Prince)

The Daily Circuit:  Bahrain, Qatar royals to dine at White House + Vicenne’s Moroccan IPO

tech tool

Mubadala’s Khaldoon Al Mubarak touts fund’s ‘AI copilot’ at conference in Pittsburgh

GEE WIZZ

Etihad expands network after Wizz Air exits Abu Dhabi routes

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