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Saudi Arabia Red Sea Oil Route Faces New Pressure as Export Risks Grow

Saudi Arabia’s backup oil export route faces rising pressure as the Middle East conflict disrupts global energy flows. Consequently, the Kingdom is rerouting crude...

WEF Postpones Jeddah Meeting Amid Gulf Tensions

The World Economic Forum has postponed a major Saudi meeting, adding fresh pressure to the region’s business event calendar as conflict risks reshape investor...

U.S. Dollar Strengthens Amid Rising Gulf Tensions

The U.S. dollar recovered against major currencies on Tuesday amid rising tensions in the Gulf. The UAE and Saudi Arabia signaled a tougher line...

Qatar Airways Evacuates Thousands Amid Middle East Conflict

Qatar Airways flights helped evacuate more than 7,600 Indian nationals from Doha to India amid the escalating Middle East conflict. The Indian embassy in...

Dollar Steadies Near 154,000 as Iraq Markets Reopen

Iraq dollar rate stabilized near 154,000 dinars per 100 dollars as markets reopened Tuesday following the Eid Al-Fitr holiday. Currency trading resumed in Baghdad...

$158 Million Shagaya Grid Project to Boost Kuwait’s Energy Network

A Kuwaiti contractor has secured a major $158 million deal to develop the Shagaya power grid. The project will connect the Shagaya Solar Energy...

Saudi Arabia and Kuwait Push Energy Deals Amid Regional Tensions

Saudi Arabia and Kuwait are pushing ahead with major energy projects despite the ongoing regional conflict. The Middle East war has targeted oil and...

NBB Fully Reopens Branch Network Across Bahrain

The National Bank of Bahrain (NBB) has fully reopened its branch network across the Kingdom. Consequently, banking operations are gradually returning to normal and...

Emirates Expands Pet Travel Support as Regional Flight Changes Continue

Emirates SkyCargo has launched a dedicated team to manage animal transport requests from the UAE. The move comes during a period of unstable flight...

Dubai Gold Prices continue falling as Buyers Wait Out Volatility

Dubai Gold Prices continue falling on Tuesday, deepening a sharp March correction and keeping buyers cautious across the emirate. At 8:30 a.m., 24-carat gold traded...

Saudi Aramco CEO Withdraws from CERAWeek Amid Iran Conflict

The Saudi Aramco CEO Amin Nasser has canceled his planned appearance at the CERAWeek energy conference in Houston. He chose to remain in Saudi...

Wall Street Futures Jump After Trump Delays Iran Strikes

Wall Street futures surged on Monday after U.S. President Donald Trump announced a delay in planned military strikes on Iran. The move helped calm...
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