money

Reading Time 2 minutes
ADNOC Distribution earned a record quarter selling almost no extra fuel

ADNOC Distribution’s Q2 profit nearly doubled to AED 1.32 billion, driven largely by higher fuel prices and inventory gains despite almost flat fuel sales.

18/08/2026
Reading Time 4 minutes
Central Banks Are Stuck in a Rinse-and-Repeat Cycle of Crises

Central banks’ efforts to keep markets stable may be creating unintended risks. Emergency lending and market backstops have encouraged highly leveraged government bond trades, potentially lowering borrowing costs while increasing financial vulnerabilities that could require further intervention during the next crisis.

By James Mackintosh 17/08/2026

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