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...
Tag : Iran War
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...
Sukuk liquidity edges closer to pre-Iran war levels but recovery fragmented, says Fitch
Just over 75% of Fitch-rated sukuk had a liquidity score above 50 on August 4, slightly increasing from the March 23 tally of 64%...
Singapore doubles down on AI boom, raises forecast after Q2 GDP growth
In its second GDP upgrade of the year, Singapore's Ministry of Trade and Industry lifted its forecast to 4.5%-5.5%, from the previous range of 2%-4%...
EasyJet accepts Apollo Global’s 5.7 billion pound offer as Castlelake exits the race
EasyJet shareholders will receive 7.15 pound a share, a price Apollo had tabled in July after the airline recommended a rival offer from Castlelake...
Glencore registers massive energy trading profits, pushes ahead with Australia listing
Glencore booked USD 2.66 billion in H1 adjusted EBIT from energy trading, up from just USD 40 million a year earlier...
IF Insights: Oil giants see Iran war windfall, bill lands somewhere else
Exxon, Chevron, Shell, BP and TotalEnergies earned close to USD 47 billion in the Q2 2026. Almost none of it came from doing anything new....
Aramco posts 44% profit rise as higher oil prices boost energy sector earnings
The world's top oil exporter posted net profit of USD 32.69 billion in the three months ended June 30, compared with USD 22.67 billion a year earlier...