OPEC+ sticks to oil output plan after Trump’s price demand
In a bid to boost prices, the Organization of the Petroleum Exporting Countries (OPEC) headed by Saudi Arabia and Russian-led allies have cut supply by almost six million barrels per day (bpd) since 2022. The OPEC+ alliance has repeatedly postponed putting some of the withheld barrels back on the market.
Oil
TSMC’s H1 revenue up 40 percent
Robust demand for AI technology behind the surge.
‘Wadeem’ sold out for $1.49bn
This is the highest Abu Dhabi real-estate release to date.
Tesla Q2 sales down 13.5%
Shares rally after the disclosure, better than some forecasts.
TomTom cuts 300 jobs
The firm said it was realigning its organization as it embraces AI.
Aldar nets $953m in sales at Fahid
Aldar said 42 percent of the buyers are under the age of 45.
