Soaring energy costs and fractured supply chains are set to tip Britain to the edge of a technical recession by the summer, with smaller businesses bearing the brunt of the squeeze, according to the Item Club’s latest forecast. Read more: Britain to ‘flirt’ with recession as Iran oil shock rattles SMEs
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HSBC chiefs warn the Iran conflict is denting global confidence, as UK bosses from Castore to Virgin Atlantic flag soaring costs, supply chain chaos and inflation risks. Read more: HSBC warns Iran war is shaking global confidence as UK business leaders count the cost
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Oil markets are reassessing the geopolitical risk premium after Brent surged to nearly $120 before falling, writes Sasha Foss, Energy Analyst at CSC Commodities, a division of Marex The post Trader’s view: What’s next as oil whipsaws after a $120 surge? appeared first on Gulf Business.
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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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CBSE further noted that it will reassess the situation on Thursday, March 5, 2026, and make appropriate decisions regarding examinations The post CBSE postpones class 10, 12 board exams in the GCC appeared first on Gulf Business.
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The surge in oil shipping costs follows increased crude exports from the Middle East as traders have accelerated charters The post For the first time since 2020, Middle East–China oil shipping costs hit $200k a day appeared first on Gulf Business.
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The DP World Tour has announced two new Managing Directors for its Middle East region, appointing Katherine Palethorpe and Freddie Schmeisser to lead commercial partnerships and tournaments respectively from April 6. The appointments reflect the continued growth and strategic importance of the Middle East within the DP World Tour’s global portfolio. The dual-leadership model strengthens dedicated focus across tournament delivery and commercial development, ensuring operational excellence and sustained partnership growth. Palethorpe will lead partnership strategy across the Middle East, focusing on long-term relationships, commercial i
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The MD for the MEA region discusses how cutting-edge medtech is bridging gaps in care, boosting efficiency, and supporting sustainable health systems across the region The post Siemens Healthineers’ Vivek Kanade on how medtech is transforming healthcare, access appeared first on Gulf Business.
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Dubai, UAE – January 26, 2025: Hotpack, the UAE-based global leader in sustainable packaging solutions, has been awarded ‘Sustainable Business of the Year 2025 – FMCG Sector’ at the ‘Sustainability 2040 Awards in the Middle East’, a platform that recognises governments, corporates, and sustainability leaders from across the region to spotlight businesses that are not only setting ambitious ESG goals but are actively delivering against them through data-backed action, governance, and innovation. The accolade recognises Hotpack’s proactive actions to reduce its environmental footprint and align with the region’s net-zero and sustainability a
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