Geostrategy

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Houthi attacks on Saudi Arabian cities wounds dozens of civilians, including children

Major-General Turki al-Maliki, the spokesman for the Saudi-led coalition fighting in Yemen, said in a statement that the Houthi attacks...
  • Iran has threatened to impose further restrictions around the Gulf and the Strait of Hormuz in response to US economic sanctions.
  • Baghdad is seeking alternative oil routes, while Yemen’s war intensifies and Israel’s attacks in Lebanon add pressure across the region.

Tehran to announce new Hormuz shipping route in coming days

The announcement comes after Iran signed an agreement with Oman, as shipping traffic plunges, oil prices rise and regional governments...
  • The temporary corridor would be 11.3km wide, with its entry and part of its exit through Iranian territorial waters.
  • Hormuz traffic fell to a daily average of 10 commodity ships, while a Saudi tanker turned back Sunday.

Vance rules out talks as Tehran warns of ‘multi-layered’ response to US attacks

US Treasury Secretary Scott Bessent said the European Union had officially joined Washington’s economic pressure campaign against Iran, which he...
  • Tehran vows a layered response to US strikes, while its petroleum minister says exports continue despite Washington’s blockade.
  • Seoul weighs military support for Hormuz navigation as European pressure grows and crude prices post sharp weekly gains.

Trump threatens further strikes as Iran vows new war strategy

US Central Command said Washington was continuing its blockade against Iran and had redirected 86 commercial vessels as of Thursday.
  • Iran says 18 people were killed and 142 wounded in US attacks between August 30 and September 2, including women and children.
  • Six commodity vessels crossed the Strait of Hormuz on Wednesday, less than half the current 10-day average of about 13 daily.

Iran targets Jordan, Bahrain after US carries out second wave of strikes

Iranian military spokesman Colonel Ebrahim Zolfaghari said the attacks would continue until the United States “regrets its crimes”, warning that...
  • IRGC says missiles targeted bases across Jordan and Iraq, while Bahrain intercepted drones as Jordan reported 13 missiles.
  • Brent crude climbed one percent as Hormuz traffic stayed below average, intensifying concerns over energy supplies and inflation.

Iran war puts fresh pressure on oil flows, shipping as Tehran asks UN to intervene

Renewed US-Iran hostilities are disrupting energy flows, restricting Strait of Hormuz shipping and intensifying economic pressure as Tehran warns against...
  • Asian refined-fuel imports fell sharply in August as Gulf supplies remained constrained by vessel shortages and disruptions around Hormuz.
  • Iran urged the UN Security Council to act after a US strike on Larak Island killed and wounded people.

Iran strikes US bases in Jordan, UAE after attack on Larak Island

Tehran says its attacks avenged deaths of IRGC personnel and civilians in the US strike on Larak Island. Jordan intercepted...
  • Iran’s army also said it launched dozens of drones at the Al Minhad airbase in the UAE, targeting locations where US forces and helicopters were stationed.
  • Jordan hosts about 4,000 US personnel at the Azraq and King Hussein airbases, alongside drones, fighter jets and Patriot air defences.

Qatar PM heads to Tehran as regional diplomacy intensifies

US President Donald Trump said on Wednesday that he was in “no hurry” to resume talks with Iran, arguing that...
  • Oman and Pakistan have also stepped up mediation efforts as concerns grow that renewed fighting could spread across the region and damage global markets.
  • Qatar’s Foreign Ministry said Sheikh Mohammed would discuss the need for the waterway to return to the status quo that existed before February 28.

Iran says Hormuz remains closed despite transit agreement with Oman

US president Donald Trump, meanwhile, says that all mines have been cleared from the waterway's international waters and that Tehran...
  • Shipping data shows traffic through the Strait of Hormuz held steady at five commodity vessels on Tuesday, well below average.
  • On Monday, US Treasury Secretary Scott Bessent announced a sweeping economic pressure campaign against Iran.

Iran says Hormuz remains closed despite transit agreement with Oman

US president Donald Trump, meanwhile, says that all mines have been cleared from the waterway's international waters and that Tehran...
  • Shipping data shows traffic through the Strait of Hormuz held steady at five commodity vessels on Tuesday, well below average.
  • On Monday, US Treasury Secretary Scott Bessent announced a sweeping economic pressure campaign against Iran.

Trump warns Iran war will end soon as tensions mount across Gulf

Doha talks target Hormuz reopening; IRGC says two tankers catch fire after hitting mines in Hormuz; seven injured in Saudi-led...

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Houthis target Saudi Arabia as Aramco facility catches fire

Oman, Iran discuss regional tensions; Trump says Houthis acting at Iran's behest; Saudi forces intercept missiles, drones; Hormuz shipping attacks...

Trump says Houthis ‘misbehaving very badly’ as Saudi airport shutdown disrupts flights

Etihad Airways cancelled flights between Abu Dhabi and Riyadh until October 19, while services to Dammam were heavily disrupted. Qatar...

WEF to bring 500 global leaders to Dubai for inaugural meeting

Discussions will span artificial intelligence, jobs, geopolitical uncertainty, climate change and economic resilience, with UAE Minister Mohammad Al Gergawi and...

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Houthis attack Saudi airports again, killing Pakistani national and injuring 11 others

Tehran offers to help facilitate Riyadh-Houthis dialogue; Saudi business events to proceed despite attacks; US reinforces regional deployment as warnings...
  • UKMTO confirmed a drone attack on a tanker off Oman; two Indian sailors remain missing, damage remains unknown.
  • Iran says Washington accepted some conditions but its response remains inadequate; Tehran offers Saudi-Houthi mediation as US forces reinforce the region.

Dubai launches new content creators programme

Dubai Press Club (DPC), in collaboration with the Dubai Department of Economy and Tourism (DET), has launched a new phase...
  • Dubai Press Club and DET launched a two-week programme to develop creators’ tourism and economic storytelling skills.
  • - Training covers artificial intelligence, digital publishing, audience engagement, tourism promotion standards and responsible representation of Dubai’s cultural diversity.

12 killed, more than 300 injured in attack on King Khalid airport

It is the deadliest attack in a decade on the kingdom; Trump calls the attack 'terrible', says US may join...
  • A tanker caught fire after being hit by an unidentified projectile in the Strait of Hormuz, while vessels near Ras Al Khaimah were told to leave anchorages.
  • - US forces say they have redirected 135 commercial vessels and disabled four since July 14, as tensions over the Iran blockade intensify.