Strait of Hormuz Sees More Ship Crossings, Sending Oil Prices Lower
LONDON: Iran’s state media said that over 30 ships have crossed the Strait of Hormuz in recent hours, and the semi-official Fars news...
Saudi Arabia Keeps Consumer Inflation Under Control at 1.7%: GASTAT
RIYADH: Consumer prices increased 1.7% year over year in April, but Saudi Arabia’s inflation rate remained comparatively steady. The...
Gaza Aid Flotilla Resumes Mission Despite Israeli Interceptions
MARMARIS, TURKIYE: Following past attempts to carry aid to Gaza that Israel halted in international seas, ships from the Global Sumud...
In a Joint UN letter Gulf Nations Denounce Iran’s “Hormuz Rules
LONDON: Gulf Arab nations have protested Iran’s “unacceptable claim” to have imposed new regulations for ships traveling...
UAE Property Market 2026: Key Risks, Growth Drivers, and Developer Resilience
According to a recent sector in-depth study by Moody’s Ratings, the UAE’s real estate industry is experiencing tougher...
Why India Raised Gold Import Duty to 15% Amid Forex Reserve Pressure
India has raised import taxes on gold, silver, and other precious metals to 15% from 6% in an effort to reduce non-essential imports and...
How Emsteel Doubled Margins in Q1 Amid Market Challenges
Emsteel announced a significant increase in profitability in the first quarter of 2026, driven by cost optimisation, higher pricing, and...
Cameroon Cracks Down on Nearly 200 Illegal Gold Mining Firms
Cameroon’s mines ministry announced on Wednesday that authorities had discovered nearly 200 illicit artisanal gold mining firms in...
UAE Rejects Claims of Netanyahu Visit Amid Regional Speculation
In a statement released on Wednesday, the United Arab Emirates (UAE) refuted claims that Israeli Prime Minister Benjamin Netanyahu had...
Free Trade Deal Between GCC and UK Nears Completion Following Key Progress
JEDDAH: Following “significant progress” in talks aimed at strengthening trade and investment links, the Gulf Cooperation...
