Iran has stepped up its attacks on US diplomatic missions in the Gulf, with a drone strike reported near the US Consulate in Dubai late last night. Meanwhile, Qatar said it busted two cells operating for Iran in the country.
EnergyX, a South Korea-founded building energy tech company, secures major Qatari backing to establish its global HQ, expand deep-tech solutions, pursue acquisitions across GCC and Europe, and create over 100 high-skilled jobs
Indian companies on March 3 reduced natural gas supplies to industries in anticipation of tighter supply from the Middle East after top producer Qatar halted production, four industry sources with knowledge of the matter said to Reuters.
Qatar Airways announced on March 3 that its flight operations remain temporarily suspended due to the closure of Qatari airspace. Simultaneously, Qatar’s Ministry of Interior automatically extends all expired or near-expiry visas by one month, free of charge.
Ukraine has agreed to co-operate on defence with the UAE and Qatar as President Volodymyr Zelenskiy travelled to both countries amid escalating tensions in the region. Zelenskiy is looking at signing 10-year partnership agreements with both the Gulf countries.
Qatar's Ministry of Defense announced on Monday that its armed forces had shot down two Iranian aircraft and intercepted several missiles and drones targeting the country.
US President Donald Trump said Israel had 'violently lashed out' by striking Iran’s South Pars gas field, in an escalation of the conflict, prompting a retaliatory attack by Tehran on Qatar’s Ras Laffan Industrial City. He ruled out further such attacks by Israel unless Iran retaliated.
Qatar has strengthened its strategic food security and the reserves are sufficient to cover the country's needs for 18 months, said Interior Minister Sheikh Khalifa bin Hamad Al Thani.
Qatar’s Ministry of Interior announced on Sunday that Civil Defence responded to a minor fire in the industrial area caused by debris falling after a missile was intercepted.
The 2026 sovereign credit outlook for the Middle East region is stable thanks to the continued economic and credit resilience despite elevated geopolitical tensions and lower oil prices, said a S&P report, adding that the average regional growth is set to accelerate slightly to about 3.5%.
