Jonathan Ferziger

The Strait of Hormuz may be reopening, but Gulf energy companies still face weeks, if not months, of disruption following the deal with Iran brokered by U.S. President Donald Trump that was signed on Monday. Clearing mines from the waterway could take 40 to 50 days, leaving shipowners, insurers and energy producers such as Saudi... Read More

Benoit Roulon, a veteran oil trader at hedge fund Squarepoint Capital, has been hired by Abu Dhabi National Oil Co. to head its trading arm. The move comes as ADNOC Trading plans to boost the volume it handles by two-thirds in the next few years as it undergoes a major international expansion, Bloomberg reports. It... Read More

The White House’s UFC Freedom 250 fightfest came up repeatedly when U.S. President Donald Trump met with Middle East leaders at the G7 summit this week. During one exchange, UAE President Mohamed bin Zayed mentioned Dana White, president of the Ultimate Fighting Championship mixed martial arts organization, telling Trump, “Dana White is an amazing guy.”... Read More

Al Zeyoudi said the UAE is investing in rail links, ports and overland trade corridors that can move goods between Asia, the Middle East and Europe

Aramco is planning to expand its global oil stockpile network after the Iran war exposed the risks of moving crude and other fuels through the Strait of Hormuz. “We are thinking seriously of having larger storage facilities all over the world,” Aramco Chairman Yasir Al-Rumayyan said Thursday at the FII Priority Europe summit in Rome,... Read More

Up for review were ADIA, Mubadala, L'Imad and ADNOC, along with major investments executed in international markets since the start of the year

The Kuwait-based telecom company will pay $747 million for the license, invest about $800 million to upgrade Syria's aging wireless infrastructure

Ruled 18 years before handing power to son, Emir Sheikh Tamim bin Hamad, oversaw Qatar's rise as LNG exporter, founded sovereign wealth fund

The move is part of a wider UAE effort to protect its economy after conflict with Iran sharply reduced traffic at Jebel Ali, the country's biggest port

Saudi Arabia has put Energy Minister Prince Abdulaziz bin Salman in charge of both energy and industry after the Iran war exposed how disruptions to oil shipments, trade routes and manufacturing can quickly spill across the economy. In appointing Prince Abdulaziz Minister of Industry and Mineral Resources in addition to his current post, the government... Read More