US President Donald Trump threatened further strikes on Iran's Kharg Island oil export hub and urged allies to deploy warships to secure the Strait of Hormuz, an artery for global energy supplies, as Tehran vowed to intensify its response.
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The Bahrain and Saudi Arabian Formula One Grands Prix will not take place in April as scheduled due to the ongoing situation in the Middle East region, the FIA said.
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Saudi Arabia's Transport General Authority said it has mobilised a fleet of over 500,000 trucks to ensure uninterrupted freight movement and supply chain continuity across the country and the wider Gulf region, with the land transport system serving as a vital link between ports, airports and logistics zones.
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Shipping disruptions through the Strait of Hormuz, one of the world’s busiest maritime corridors, are sending ripple effects far beyond the Middle East, threatening energy markets, freight costs and global supply chains, a United Nations Conference on Trade and Development (UNCTAD) study has warned.
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Markets are facing a 'double whammy' of energy volatility and trade tensions flaring up again, says a financial expert amid escalating conflict involving Iran, while the Trump administration simultaneously launches sweeping new trade investigations targeting many of the world’s largest economies.
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US President Donald Trump said on Friday American forces had destroyed military targets on Iran’s Kharg Island, Tehran’s main oil export terminal, while warning he could also target the island’s petroleum infrastructure if Iran or its allies continue threatening shipping through the Strait of Hormuz, sending fresh tremors through oil markets.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, has issued Law No. 6 of 2026 on violations, penalties, and administrative measures in the Emirate of Dubai, in his capacity as the Ruler of Dubai.
Abu Dhabi’s Integrated Transport Centre (ITC), an affiliate of the Department of Municipalities and Transport, has announced the expansion of the commercial operations of autonomous taxi services on Yas Island.
Globalisation remained at a historically high level at 25% in 2025 – despite escalating geopolitical tensions, rising US tariffs, and uncertainty about future trade policies, says a report.
The Arab Energy Fund, a leading multilateral impact financial institution, achieved its fourth consecutive year of record net income in 2025, supported by sustained balance sheet growth, strong funding activity, disciplined cost management, and continued portfolio optimisation across business lines.
The United States has temporarily eased sanctions on Russian oil by allowing countries to purchase cargoes already stranded at sea, as Washington seeks to contain a fresh surge in crude prices triggered by Middle East supply disruptions and fears over restricted energy flows through the Gulf.
Air India and Air India Express will together operate a total of 78 scheduled and non-scheduled flights to and from the West Asia region on March 13. Both these carriers continue to operate their respective scheduled services to and from Saudi port city Jeddah and Omani capital Muscat.
Ships must co-ordinate with Iran's navy to pass through the Strait of Hormuz, reported the country's Mehr news agency on Thursday citing the foreign ministry. This comes after its new Supreme Leader Mojtaba Khamenei's threat to keep this vital passage shut as leverage against the US and Israel.
UAE's Federal Authority for Identity, Citizenship, Customs and Ports Security has decided to allow residents currently outside the UAE whose residency permits have expired to return to the country, as prevailing circumstances in the region have prevented their return due to airspace closures.
Saudi-based Dar Al Majed Real Estate Company has announced that it has expanded its credit facilities with Banque Saudi Fransi (BSF) to SAR684.5 million ($182.2 million) from SAR550 million ($146.4 million). This funding will be mainly used for Dar Al Majed’s expansion plans as well as development of its real estate projects.
The Gulf countries continue to consolidate their position as one of the most influential hubs in global energy markets, (with 32.7% of global oil reserves and 21.2% gas reserves) supported by a broad base of natural resources, advanced infrastructure and accumulated expertise, said a report.
Dubai Municipality has announced the deployment of an advanced, technology-driven beach safety system that combines next-generation aquatic rescue robotics with aerial water-rescue drones, reinforcing Dubai’s position as a regional and global pioneer in smart coastal safety.
Aluminium Bahrain (Alba), the world’s largest smelter on one site, has initiated a controlled and safe shutdown of Reduction Lines 1, 2 and 3, which together represent 19% of Alba’s total production capacity, as an operational measure to preserve business continuity following the closure of Strait of Hormuz.
Shipping disruptions through the Strait of Hormuz, one of the world’s busiest maritime corridors, are sending ripple effects far beyond the Middle East, threatening energy markets, freight costs and global supply chains, a United Nations Conference on Trade and Development (UNCTAD) study has warned.
Dubai Municipality has announced the deployment of an advanced, technology-driven beach safety system that combines next-generation aquatic rescue robotics with aerial water-rescue drones, reinforcing Dubai’s position as a regional and global pioneer in smart coastal safety.
The United Nations Children’s Fund (UNICEF), in partnership with MBRGI and the Children’s Investment Fund Foundation (CIFF), has announced a major new $300 million partnership to help save 3 million children from malnutrition.
India's Central Board of Secondary Education (CBSE) on Sunday cancelled remaining Class 12 board examinations (scheduled between March 16 and April 10), including papers earlier postponed in several West Asian countries including Bahrain and other GCC countries and Iran amid the ongoing regional conflict.
Dubai International Financial Centre (DIFC) has announced the successful completion and phased handover of DIFC Square ahead of schedule. Spanning over 600,000 sq ft, the development forms an ensemble of three interconnected glass façade buildings with dedicated parking facilities and retail spaces.
Saudi-based Dar Al Majed Real Estate Company has announced that it has expanded its credit facilities with Banque Saudi Fransi (BSF) to SAR684.5 million ($182.2 million) from SAR550 million ($146.4 million). This funding will be mainly used for Dar Al Majed’s expansion plans as well as development of its real estate projects.
Northstar Telecom, a leading ICT and telecom solutions provider, has signed an agreement with HFCL, a telecom infrastructure leader, for the strategic standardisation of its Wi-Fi Access Point and Switching infrastructure on the IO by HFCL portfolio across its business and residential broadband services.
MotoGP has confirmed that the Qatar Grand Prix, originally scheduled for April, has been postponed to November 8 due to the ongoing geopolitical situation in the Middle East.
US President Donald Trump threatened further strikes on Iran's Kharg Island oil export hub and urged allies to deploy warships to secure the Strait of Hormuz, an artery for global energy supplies, as Tehran vowed to intensify its response.
Dubai Municipality has announced the deployment of an advanced, technology-driven beach safety system that combines next-generation aquatic rescue robotics with aerial water-rescue drones, reinforcing Dubai’s position as a regional and global pioneer in smart coastal safety.
