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...
Tag : Middle East
Renewable shift is being driven by affordability, efficiency and resilience: Rana Adib
REN21 Executive Director Rana Adib shared her insights on the prospect of Asia going aggressive on renewable adaptation to secure its energy and economic outlook...
Exxon and QatarEnergy’s joint venture produces first LNG at Texas facility
The development gives a major breather to QatarEnergy, which has been compelled to declare force majeure on its production activities due to the Iran war...
Despite gains, gold heads for biggest loss in nearly two decades
Discussing gold, the go-to hedge against inflation and geopolitical risks, has fallen more than 14% since the war began on February 28...
US tariff policy is causing enormous uncertainty: Dr Conor O’Kane
The US tariff policy is undermining both domestic investment and FDI, as firms are hesitant to commit capital in an environment where tariffs are regularly changed on the whim of the President or due to SC rulings...
IF Insights: Choking of Strait of Hormuz tests limits of war risk insurance
The concept of war risk insurance has been under the spotlight since 2022, but is gaining traction as the world is dealing with the Ukraine war and the Middle East conflict...
ADNOC L&S shareholders approve dividend payout
ADNOC L&S continued to deliver its growth strategy built around service excellence and a safe and smart operational execution...
Bund yields near 15-year high as investors remain cautious
Talking about Bund yields, Germany’s 10-year government bond yield, the euro area’s benchmark, dropped 0.5 basis points to 3.01%...
Middle East conflict: Trump administration official teases US’ next move for oil market
According to Scott Bessent, the addition of sanctioned Iranian oil into global supplies would help keep oil prices down for the next 10 to 14 days...
Middle East tensions: Fitch issues outlook for sukuk issuances
While about 84% of Fitch-rated sukuk in the GCC countries were rated investment grade, 63.2% was in the ‘A’ category, while 90% of issuers were on Stable Outlooks...