Money and business in the Middle East.

Summary

  • At least four traders, including Trafigura and ADNOC, seek US licences for blacklisted tankers.
  • Freight rates hit records after the US-Israeli war on Iran disrupted supply.
  • Approval could ease a tanker shortage keeping crude near $100 a barrel.

The List

Hand-picked from the desk's radar, numbered for a quick scan.

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Developments selected and published by the ontime+ desk.

Appointments

The Number

AED 171.26 billionAbu Dhabi real estate transactions up 76%

Source: Emirates News Agency (WAM), Abu Dhabi Real Estate Centre, JLL ↗ · ⁦ontime+⁩, published 8 Nov 2026

Intelligence

Structured, verified data behind the news.

0.77 mb/d

Crude oil production

OPEC Annual Statistical Bulletin·2025·source dated 29 Apr 2026·updated 25 Oct 2026·About this indicator

0.89 mb/d

Crude oil exports

OPEC Annual Statistical Bulletin·2024·source dated 2 Jul 2025·updated 4 Oct 2026·About this indicator

2.4%

Real GDP growth

World Bank, World Development Indicators·2025·source dated 8 Oct 2026·updated 27 Oct 2026·About this indicator

1.0%

Inflation (CPI)

World Bank, World Development Indicators·2025·source dated 8 Oct 2026·updated 27 Oct 2026·About this indicator

Signals

United Arab Emirates · Real GDP growth (quarterly, year on year): 3.0% (Q1 2026)▼ −5.5 pp since last update

Federal Competitiveness and Statistics Centre·Q1 2026·source dated 14 Aug 2026·updated 6 Oct 2026

Saudi Arabia · Real GDP growth (quarterly, year on year): -4.7% (Q2 2026)▼ −7.7 pp since last update

General Authority for Statistics (GASTAT)·Q2 2026·source dated 8 Sep 2026·updated 4 Oct 2026

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