US President Donald Trump on Tuesday abandoned a proposal to impose a 20% transit fee on cargo shipping through the Strait of Hormuz, saying Washington would instead pursue trade and investment agreements with Gulf states amid escalating tensions with Iran.
Middle Eastern mergers and acquisitions (M&A) have demonstrated remarkable resilience and strategic focus, with deal values surging 260% to $53 billion in the first nine months of 2025 compared to the same period last year, a report said.
Sharjah's industrial real estate sector has achieved unprecedented growth in FY 2025 with its transaction values surging to hit AED9.24 billion ($2.5 billion), up 88.7% over the previous year, thus reflecting growing investor confidence and the attractiveness of its industrial property market, said a report.
