Geopolitical risks challenge global shipping rules, warns industry body
The Consultative Shipping Group warns that wars, contested chokepoints and a growing shadow fleet are threatening the rules underpinning global trade...
Tag : Iran War
Iran war rewires Gulf trade, and infrastructure becomes the new oil
With the Strait of Hormuz all but shut for six months, Gulf states are ploughing billions into pipelines, ports and rail...
IF Insights: Global bond rout deepens as war, debt and AI collide
Borrowing costs from Tokyo to London have hit highs not seen in decades. The pressure is now leaking into equities, housing and emerging markets...
Powered by oil boom, Nigerian economy expands at its fastest pace in five years
Real GDP grew 4.43% in the three months through June, accelerating from 3.89% in the Q1, according to the Nigeria's National Bureau of Statistics...
Iran war: Chinese airlines sink deeper into losses as jet fuel prices bite
Air China, China Eastern Airlines, and China Southern Airlines posted combined first-half net losses of about 8.2 billion yuan (USD 1.22 billion)...
UK energy price cap to rise 4% as government’s electricity VAT cut faces test
The increase, a 60-pound rise to 1,723 pounds (USD 2,348), will hit around 22 million British households on variable tariffs...
UAE debt market hits USD 320 billion as dollar issuance surges 40%
The market expanded despite regional volatility, with Emirati banks and companies turning increasingly to international bond and sukuk markets...
Finnair suspends Dubai flights, joins Air Canada in pulling back from DXB
Finnair, that operates a seasonal route between Helsinki and Dubai, halted a significant portion of its Middle East operations in February...
Geopolitical blues: Selling Dubai to the people who already live there
The UAE insists its tourism economy is on the mend amid the Iran war, but its incentive schemes, and its central bank tell a more complicated story...
DP World to invest USD 3 billion for global expansion as Middle East disruption hits profit
The company has reported a 39% fall in first-half net profit to USD 585 million, even as revenue increased 13.1% year on year to USD 12.7 billion...