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Business

  • Energy disruptions
Birol: If the Strait of Hormuz is not reopened, we must prepare for significantly higher ⁠energy prices
IEA says Middle East energy output may take two years to recover
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  • Migrants in Morocco
Changing economic and social conditions
In Morocco, farms turn to West African migrants to plug labour deficit
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  • Canton Fair
Some Chinese exporters pass on the costs to consumers while others swallow it
Iran war is main worry for Chinese exporters at Canton Fair
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  • Fuel prices
The Council is urging Moroccan operators to evolve their practices
Morocco’s Competition Council highlights fuel price asymmetry
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  • Air travel
Jet fuel supplies are highly uneven across Europe
EU drafting plans to tackle looming jet fuel supply crunch
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  • Iran's petrochemical exports
Iran exports around 29 million tonnes of petrochemical products per year
Iran halts petrochemical exports until further notice
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  • Artificial intelligence
UAE and Saudi Arabia rank second and first respectively
UAE investors lead global shift to AI-driven wealth research
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  • Public Investment Fund
LIV Golf failed to attract any big names of late
Saudi PIF on verge of cutting LIV Golf support
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  • Iran's oil
The US Treasury Department also targeted Iran's oil transportation infrastructure
US warns Iran oil buyers could be slapped with sanctions
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  • Public Investment Fund
Rumayyan: The 2026-2030 strategy is a natural next step in PIF’s growth journey
Saudi PIF shifts focus to domestic ecosystems in new five-year strategy
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  • Burj Al Arab
First major renovation since opening in 1999
Dubai’s Burj Al Arab hotel to shut for major 18-month renovation
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  • Energy disruptions
Tough times
EU warns of prolonged energy shock, forced cuts if Iran war continues
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  • UAE-China ties
Deeper strategic partnership
UAE, China sign investment cooperation deal to boost economic ties
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  • Syrian economy
Syrian President Ahmed al-Sharaa
Norway to lift ban on wealth fund investments in Syrian bonds
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  • Strait of Hormuz
More vessels are being turned back under the US blockade on Iranian ports
US completely halts Iran's maritime trade
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  • Saudi-Pakistani ties
The move underlines a deepening relationship between Riyadh and Islamabad
Saudi Arabia bolsters Pakistan's finances with $3 billion support
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