Middle East Turmoil

People should pay attention to the events in the Middle East from a humanitarian perspective but ignore them as investors, according to Taleb.

https://www.cnbc.com/2024/05/20/black-swan-author-taleb-says-people-should-worry-about-middle-east-events-but-not-investors.html

All eyes are now on what comes next for the Middle Eastern power, which is home to nearly 90 million people and backs a number of regional proxy groups.

https://www.cnbc.com/2024/05/20/irans-president-raisi-is-dead-what-does-it-mean-for-the-country-and-the-world-.html

Ali Ahmadi from the Geneva Center for Security Policy expects fallout from the death of Iran President Ebrahim Raisi to be "rather contained".

https://www.cnbc.com/video/2024/05/20/iran-president-foreign-minister-death-will-not-change-foreign-policy.html

President Joe Biden signed a $95 billion military aid package in April 2024, including funds for Ukraine and Israel. Military spending often bolsters the U.S. defense industry. The five largest U...

https://www.cnbc.com/video/2024/05/16/how-the-us-spends-trillions-being-the-worlds-top-cop.html

Aramco, which is the world's largest oil exporter, expects total dividends of $124.3 billion to be declared in 2024, it said.

https://www.cnbc.com/2024/05/07/saudi-aramco-upholds-dividend-despite-drop-in-first-quarter-profits.html

The White House and United Nations have urged Israel against an offensive in Rafah, warning of catastrophic humanitarian consequences.

https://www.cnbc.com/2024/05/06/israeli-military-tells-palestinian-civilians-in-parts-of-rafah-to-evacuate-immediately-.html

The new ownership structure will see ADNOC holding 49% of the company and giving it a valuation of $1.4 billion, according to a joint company press release.

https://www.cnbc.com/2024/05/02/abu-dhabi-ai-firm-presight-buys-majority-stake-in-technology-joint-venture-aiq-.html

Margaret Bensfield Sullivan talks about the challenges and lessons she learned while traveling with her family to 29 countries in the span of a year.

https://www.cnbc.com/2024/05/02/this-family-traveled-for-a-year-these-are-their-biggest-mistakes.html

The new platform will be called BlackRock Riyadh Investment Management, or BRIM.

https://www.cnbc.com/2024/05/01/blackrock-to-open-a-saudi-investment-firm-with-5-billion-from-pif-.html

Dubai's Al Maktoum International Airport will be the biggest in the world once completed.

https://www.cnbc.com/2024/04/30/dubais-new-airport-will-be-five-times-the-size-of-its-current-one.html

The deluge closed schools and businesses, grounded hundreds of flights, and destroyed cars, businesses and other property.

https://www.cnbc.com/2024/04/24/dubai-flood-nasa-releases-satellite-photos-of-record-uae-flooding.html

Urban environments paved over nature like Dubai with no way to drain the water from more frequent, massive rainfalls need new solutions for climate change fast.

https://www.cnbc.com/2024/04/21/dubai-flooding-and-a-climate-change-drain-test-the-world-is-failing.html

A full-blown Israel-Iran war would be devastating to both sides and highly destabilizing for the Middle East. 

https://www.cnbc.com/2024/04/19/israel-and-iran-all-out-war-or-measured-retaliation-.html

Flights into Dubai International Airport were temporarily diverted as a result of the storms, which appeared to inundate the tarmac.

https://www.cnbc.com/2024/04/17/heavy-rains-cause-rare-flooding-in-dubai.html

On Monday, traffic stalled in San Francisco, Chicago, Seattle and New York as protesters blocked roads to call for a cease-fire in Gaza.

https://www.cnbc.com/2024/04/16/senator-encourages-drivers-to-drag-gaza-cease-fire-protestors-from-roads.html

World leaders called for calm and restraint in the aftermath of Iran's large-scale air attacks on Israel.

https://www.cnbc.com/2024/04/15/world-leaders-react-to-irans-unprecedented-air-assault-against-israel.html

Ryan Bohl, senior Middle East and North Africa analyst at the Rane Network, discusses Iran's drone and missile attack on Israel and how Israel might respond.

https://www.cnbc.com/video/2024/04/15/analyst-discusses-how-israel-might-respond-to-iran-attack.html

The reported move for Saudi's Public Investment Fund, which oversees $925 billion in assets, would track with its goals to invest in tourism and transport.

https://www.cnbc.com/2024/03/18/saudi-arabia-wealth-fund-in-talks-to-acquire-national-airline-saudia-report.html

Tensions are appearing in the historically close relationship between the White House and Israel as the war in Gaza becomes a worsening humanitarian disaster.

https://www.cnbc.com/2024/03/08/gaza-and-israel-hamas-war-biden-and-netanyahu-on-a-collision-course.html

Egypt's pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600 points and devalued the currency.

https://www.cnbc.com/2024/03/06/egypt-hikes-interest-rates-by-600-basis-points-pound-crumbles-to-record-low.html

Oil prices fell Monday after oil cartel OPEC+ agreed to extend voluntary output reductions until the second quarter of this year.

https://www.cnbc.com/2024/03/04/oil-prices-opec-extends-voluntary-oil-output-cuts.html

Amol Shitole of Mashreq Capital says it expects the U.S. Federal Reserve to cut interest rates by more than 100 basis points this year.

https://www.cnbc.com/video/2024/02/28/mashreq-capital-shares-its-contrarian-call-for-us-rate-cuts.html

Al euphoria took over Wall Street last week, thanks to Nvidia. 

https://www.cnbc.com/2024/02/26/cnbc-daily-open-wall-street-high-on-ai-euphoria.html

The U.S. and allies hit Houthi land targets this weekend while the EU has increased defensive efforts in the Red Sea, but the rebels continue to attack ships.

https://www.cnbc.com/2024/02/25/red-sea-battle-expands-with-eu-stepping-up-its-efforts-against-houthis.html

A key gauge showed cost pressures for manufacturers and service businesses eased again February. 

https://www.cnbc.com/2024/02/23/cnbc-daily-open-the-us-economy-seems-to-be-holding-up.html

A key gauge showed cost pressures for manufacturers and service businesses eased again February. 

https://www.cnbc.com/2024/02/23/cnbc-daily-open-the-us-economy-is-humming-along-.html

While most members believed rates were "likely at their peak," there was still uneasiness over the inflation picture. 

https://www.cnbc.com/2024/02/22/cnbc-daily-open-worries-over-rate-cuts-persist.html

While most members believed rates were "likely at their peak," there was still uneasiness over the inflation picture. 

https://www.cnbc.com/2024/02/22/cnbc-daily-open-wariness-over-rate-cuts-lingers.html

Economists continue to push that notion in the face of recent troubling economic data.

https://www.cnbc.com/2024/02/21/cnbc-daily-open-is-the-final-leg-of-inflation-fight-the-hardest.html

Economists continue to push that notion in the face of recent troubling economic data.

https://www.cnbc.com/2024/02/21/cnbc-daily-open-is-the-battle-against-inflation-getting-tougher.html