Two executives linked to a Malaysia wealth fund scandal were convicted of financial crimes and sentenced to prison in Abu Dhabi, the Wall Street Journal reported, citing people familiar with the matter.
Iran’s atomic energy agency is expected to brief reporters Monday on the next phase of its retreat from obligations under the 2015 nuclear deal, the Iranian Students’ News Agency reported, as efforts to salvage the accord falter amid rising regional tensions.
Stock gauges in Saudi Arabia, Abu Dhabi, Kuwait and Qatar declined on Sunday as investors weighed rising geopolitical tension in the Gulf.
G-20 energy ministers who met in Japan over the weekend highlighted the importance of energy security in a communique issued at the end of the conference, just days after two tankers were attacked near the Strait of Hormuz.
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