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S&P says regional war likely to ease ‘within weeks’ as Abu Dhabi’s AA rating reaffirmed - says regional
Business

S&P says regional war likely to ease ‘within weeks’ as Abu Dhabi’s AA rating reaffirmed

Ratings agency expects conflict to recede, echoing Moody’s recent view that the escalation may not last beyond a month The post S&P says regional war likely to ease ‘within weeks’ as Abu Dhabi’s AA rating reaffirmed appeared first on Gulf Business.

Editor  |   |  3 mins read
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Lucky numbers and collusion: How an Indian cement cartel came unstuck - lucky numbers
Business

Lucky numbers and collusion: How an Indian cement cartel came unstuck

In fiscal year 2024-25, Dalmia Bharat recorded annual revenues of $1.5bn, Shree Digvijay $79m and India Cements $444m The post Lucky numbers and collusion: How an Indian cement cartel came unstuck appeared first on Gulf Business.

Editor  |   |  5 mins read
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Airline shares battered as oil prices spike, Iran tensions intensify - airline shares
Business

Airline shares battered as oil prices spike, Iran tensions intensify

Since Feb 28, when the US-Israeli tensions with Iran started, through March 8, more than 37,000 flights to and from the Middle East were cancelled The post Airline shares battered as oil prices spike, Iran tensions intensify appeared first on Gulf Business.

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Why force majeure is spreading across Gulf energy markets - force majeure
Business

Why force majeure is spreading across Gulf energy markets

When force majeure is declared, companies may temporarily halt deliveries or operations without being considered in breach of contract The post Why force majeure is spreading across Gulf energy markets appeared first on Gulf Business.

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“Target destroyed”: UAE releases videos of Iranian drones shot from sky - target destroyed
Business

“Target destroyed”: UAE releases videos of Iranian drones shot from sky

The UAE Ministry of Defence has released footage showing Iranian drones being destroyed mid-air The post “Target destroyed”: UAE releases videos of Iranian drones shot from sky appeared first on Gulf Business.

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UK PM Keir Starmer thanks UAE for ensuring safety of British nationals - keir starmer
Business

UK PM Keir Starmer thanks UAE for ensuring safety of British nationals

Call between UAE President Sheikh Mohamed bin Zayed and UK Prime Minister Keir Starmer highlights cooperation as conflict escalates The post UK PM Keir Starmer thanks UAE for ensuring safety of British nationals appeared first on Gulf Business.

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UAE President Sheikh Mohamed says country is well, no easy prey - president sheikh
Business

UAE President Sheikh Mohamed says country is well, no easy prey

President Sheikh Mohamed bin Zayed Al Nahyan made the comments while visiting those injured by recent events The post UAE President Sheikh Mohamed says country is well, no easy prey appeared first on Gulf Business.

Editor  |   |  1 min read
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Salt Bae weighs in on Middle East crisis, says Dubai restaurant remains open - salt weighs
Business

Salt Bae weighs in on Middle East crisis, says Dubai restaurant remains open

Celebrity restaurateur Nusret Gökçe, known as Salt Bae, says his Dubai Nusr-Et restaurant remains open and he has travelled to the city to show confidence The post Salt Bae weighs in on Middle East crisis, says Dubai restaurant remains open appeared first on Gulf Business.

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Staying calm in uncertain times: Here’s what UAE mental health professionals advise - staying calm
Business

Staying calm in uncertain times: Here’s what UAE mental health professionals advise

Practical suggestions for families, working parents and leaders across the UAE, from four health professionals The post Staying calm in uncertain times: Here’s what UAE mental health professionals advise appeared first on Gulf Business.

Editor  |   |  8 mins read
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Editor’s note: Iran suspends missile launches at GCC — what it means - editor note
Business

Editor’s note: Iran suspends missile launches at GCC — what it means

Following one of the most tense weeks in the Gulf’s recent history, Iran’s move to suspend missile attacks offers a potential moment of calm The post Editor’s note: Iran suspends missile launches at GCC — what it means appeared first on Gulf Business.

Editor  |   |  2 mins read
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