Midday Brief 02-01-2024 | Oil prices rise as Iran’s Alborz warship enters Red Sea

Midday Brief 02-01-2024 | Oil prices rise as Iran’s Alborz warship enters Red Sea

Oil prices rise as Iran’s Alborz warship enters Red Sea & Bitcoin climbs above $45,000 on ETF optimism, on the #DailyBrief with @RamiaFarrage

#Forbes #Oil #Iran #Alborz #Bitcoin #SaudiArabia #Oman #BYD #China #BoxOffice #wonka
Follow us on social media:
https://www.forbesmiddleeast.com/
Instagram:
https://www.instagram.com/forbesmiddleeast/
Twitter:
Tweets by ForbesME
Facebook:
https://www.facebook.com/forbes.ME/
LinkedIn:
https://www.linkedin.com/company/forbesmiddleeast/
Link to website:
https://www.forbesmiddleeast.com /

About Us
Forbes Middle East is a licensed edition of Forbes for the Arab world, championing inspiring business journalism and entrepreneurial capitalism. Our online and social platforms break news covering billionaires, business, investment, technology, economy, entrepreneurship, leadership, and luxury lifestyles. Our monthly magazine, featuring in-depth interviews with the Middle East’s most influential and innovative leaders, is published in print in English and Arabic with digital versions available to both regional and global audiences on our website.

Forbes Middle East extends the Forbes brand of journalism across the Arab world, conducting its own comprehensive research to publish original lists that adhere to strict methodologies. Its content attracts business leaders, investors, active and potential entrepreneurs, and a wide audience of ambitious and influential executives.

Championing Leadership And Business Success In The Middle East

Featuring articles and reports exploring growth, innovation and entrepreneurial spirit, Forbes Middle East is an ideal read for investors looking for new opportunities.

Every month we publish original and relevant lists and rankings based on neutral scientific research. We provide insights, commentary and analysis on the people, companies and industries shaping the economies of the Arab world.

Arab Publisher House has the exclusive license from Forbes Media, to publish Forbes Middle East content in print and online in MENA.

Oil prices rise as Iran’s albor warship enters the Red Sea and Bitcoin climbs above $45,000 you’re watching The Daily Brief with Forbes am Ramia farage oil prices jumped 1.5% this morning as the Red Sea Naval Clash highlights potential Middle East Supply disruptions Brent Rose to $78 and West Texas Rose to 72 Iran’s

Alor warship has now entered the Red Sea after the US sank three houy ships and killed 10 militants over the weekend saud’s public investment fund LED spending by Sovereign wealth funds worldwide last year deploying $ 31.6 billion in 49 deals according to Global swf it’s a 33% rise from 2022 the pif

Executed three of the largest deals of the year it acquired scopely standard Charters aircraft leasing division and Hadid Oman has projected a budget deficit of $1.66 billion dollar next year amid lower oil production and prices the forecasted budget deficit equals 6% of oman’s total revenues and 1.5% of its GDP preliminary results

Showed a budget surplus of $ 2.41 billion last year Bitcoin Rose above $45,000 this morning for the first time since April 2022 still the crypto remain remains far off the record high of $69,000 it touched in November 2021 the rise is on investor optimism that the US Securities regulator will soon approve a

Spot Bitcoin ETF China’s byd the world’s biggest seller of battery electric vehicles and plug-in hybrids sold about 3.02 million vehicles in 2023 it’s a rise of 61.9% the shenen based automaker sold about 1.6 million battery EVS as well as around 1.4 million plug-in hybrid EVS chip machine manufacturer asml says the

Dutch government has partially revoked an export license for the shipment of some chip making equipments to China the move follows us export restrictions asml dominates the market for laser systems which help create chip circuitry it says this shouldn’t impact its financials China’s Factory activity expanded at a quicker pace in December

Due to Stronger gains in output and new orders but business confidence for 2024 remains subdued the cakes and S&P Global manufacturing PMI Rose to 50.8 from 50.7 in November marking the fastest expansion in 7 months and fantasy musical Wonka bounced back to the top of the North American box office this New

Year’s week and taking in an estimated $ 31.8 million including New Year’s Day that strong showing came at the end of an off year for Hollywood with numbers roughly 20% below the threeyear pre pandemic average wild and wonderful Wishy walk Walker I’m Ramia frud this is the daily brief thanks for watching bye

For now