Saudi economy stays resilient amid Iran war, retains top Fitch ratings
As per the Fitch, Saudi to grow 0.6% in 2026, reflecting trade disruptions due to the Hormuz tensions, before rebounding in 2027...
Tag : Iran War
With USD 7.7 billion bid, Apollo gatecrashes Castlelake’s easyJet takeover attempts
The proposal placed by Apollo values easyJet at 7.15 pounds a share, above Castlelake’s 6.90-pound offer, which the budget carrier’s board had agreed to recently...
Iran war: DP World boosts truck fleet as Gulf shifts to road freight
DP World's newly added fleet of 700 lorries will add up to 35,000 trips per month, supporting both domestic and cross-border trucking...
Save SMEs: Labour Government’s Toughest Challenge
Despite accounting for 99% of the 250,000 active manufacturing businesses in the UK, SMEs struggle to access finance...
Qatar’s logistics activities remain strong as Gulf major eyes comeback at LNG front
As per Mwani Qatar, the Gulf nation's ports welcomed 121 vessels in June 2026, marking a 21% growth compared to last May...
JPMorgan commits USD 20 billion to Gulf, bets on post-war reconstruction boom
JPMorgan expects rebuilding and economic diversification across the region to require hundreds of billions of dollars in the coming days...
Kuwait’s oil output, trade rebound as US-Iran deal eases Gulf tensions
Kuwait's crude oil production rose sharply to 1.65 million bpd in June from May's ratio of 580,000 bpd, with the OPEC member also boosting its exports...
Nigeria’s Dangote refinery imports crude from UAE’s ADNOC for first time
Dangote imported one cargo of Umm Lulu crude and another of either Das or Murban crude in June, reports stated...
US stocks defy Iran war, S&P 500 and Nasdaq hit best quarter since 2020
Technology led gains among S&P 500 sectors, with an index of semiconductor stocks finishing 3.9% higher on the final day of June 2026...
Air cargo demand up 6% in May; Middle East biggest laggard: IATA
Gulf-based carriers reported a combined contraction of 8.9% year-on-year, with Iran war-related impacts weighing in big time...