News
Bahrain navigates a new phase of risk
5+ hour, 26+ min ago (615+ words) Contagion from the regional conflict has exposed the fragility of its economy While many of the messages I've received from friends and family in Bahrain have focused on safety " how many explosions there have been; another night marked by alarms…...
Afreximbank unveils $10bn Iran war response programme
7+ hour, 47+ min ago (241+ words) African Export-Import Bank (Afreximbank) has initiated a multibillion-dollar crisis package aimed at insulating African and Caribbean economies from the Middle East conflict. The Iran conflict sent shockwaves through the global economy, with African and Caribbean economies bearing the brunt of…...
UAE consumers count cost of war with warning of worse to come
1+ day, 10+ hour ago (427+ words) UAE consumers are feeling the impact of the Middle East conflict, with economists warning price pressures could intensify in the months ahead. Businesses raised prices at the fastest pace for more than 11 years in March, according to the latest purchasing…...
War with Iran tests Gulf-US economic model
2+ day, 7+ hour ago (650+ words) The longstanding balance of Gulf security is under strain It may be premature to discuss the end of the US-Israel war with Iran, but it is not too early to consider how the fighting is reshaping political and commercial relationships…...
Oil and gas facilities targeted in UAE, Bahrain and Kuwait
2+ day, 7+ hour ago (397+ words) The UAE, Bahrain and Kuwait have reported damage to oil and gas infrastructure due to strikes by Iran over the weekend. In a statement to the Abu Dhabi Securities Exchange (ADX) on Sunday, Adnoc Gas said falling debris after interception…...
Google News
2+ day, 2+ hour ago (15+ words) Trickle of ships pass through Hormuz under Iran's gaze'Arabian Gulf Business Insight | AGBI...
Lebanon war to depress GDP by up to 16%
2+ day, 5+ hour ago (190+ words) The conflict in Lebanon is likely to depress its GDP by 12-16 percent this year, while a surge in its energy import bill will aggravate the current-account deficit, a Western finance group has forecast. The conflict, an offshoot of the Iran…...
Trump fails to set the record straight on the strait
5+ day, 7+ hour ago (820+ words) The President's tone has been strikingly nonchalant about Hormuz In Donald Trump's address on Wednesday, aimed at quieting a restless American public and an increasingly negative press, he offered little that was not already telegraphed through his social media channels....
Alain Bejjani: Response to conflict will strengthen Dubai
5+ day, 9+ hour ago (733+ words) Alain Bejjani arrives at the Arts Club in Dubai unhurried. It is 1pm, 27 days into the Iran conflict. Outside, a storm billed as the "Dubai cyclone" is building. He is due to fly to Tokyo later in the evening. None of…...
Indian businesses resolute in face of Iran conflict
5+ day, 8+ hour ago (226+ words) The Indian business community in Dubai is holding steady despite the Iran conflict, even as tens of thousands of nationals have left the region. About 52,000 citizens exited the six countries of the GCC in the first 10 days of the war,…...