In a respite from Hormuz stalemate, MSC opens new express service
MSC's announcement will likely provide relief to the global supply chain players, as they respond to surging demand and mounting disruption...
Tag : Iran War
Despite a productive Q1, Iran war looms large on Islamic banking
The ongoing geopolitical instability has resulted in GCC sukuk issuers from Qatar and the UAE being put on Fitch Ratings' Rating Watch Negative list...
Exxon’s net income falls to five-year low as Iran war affects output
About 20% of Exxon's oil and gas production is situated in the Middle East, making it the most affected among the global energy players...
Fitch raises liquidity concerns of UAE real estate players
Fitch also cited the rising debt costs across the Gulf region, which have touched their five-year highs, as a threat to the industry...
The demise of Spirit Airlines: All you need to know
Spirit Airlines built its brand around affordable fares for budget-conscious travellers, while shunning add-ons like checked bags and seat assignments...
Global economy slows as Iran war energy shock drives inflation surge
Delivery times and output prices hit their highest levels since the post-COVID supply chain snarls and inflation wave peaked around four years ago...
Islamic syndicated financing rises amid Iran war, says Fitch
As per Fitch, Islamic syndications now make up half of all the syndication issuance in the Gulf region...
Jordan to access USD 200 million as it reaches agreement with IMF
IMF mission chief Cesar Serra lauded the Jordanian government's commitment to reducing public debt to 80% of GDP by 2028...
Africa faces food security strain as Iran conflict rattles trade
Food prices are being felt mainly by vulnerable African households, given the fact that most countries are still growing at rates below pre-COVID levels...
IF Insights: War in Middle East likely to accelerate Asia’s renewable energy revolution
The ongoing Middle East conflict and the resultant energy shock will force Asia to relook at renewables, to future-proof its economic outlook...