Turkish state-owned lender Halkbank has appointed the global consulting firm Ernst & Young to conduct an independent review of its compliance with international sanctions and anti-money laundering regulations. The decision follows an agreement reached with the United States Department of Justice......
Morocco’s national airline Royal Air Maroc has announced the temporary suspension of flights to and from Dubai and Doha until March 31, citing ongoing security concerns and disruptions affecting air traffic in the Middle East. In a statement, the airline explained that the decision was taken as......
The Italian government is preparing to hold discussions with representatives of Pirelli and its major investors as authorities examine concerns surrounding foreign influence within one of the country’s most prominent industrial groups. According to officials familiar with the matter, the talks......
Hungarian energy group MOL Group has lodged a complaint with the European Commission regarding the pricing policy of Croatian pipeline operator Jadranski Naftovod. The complaint concerns what the company describes as excessive transportation fees applied to crude oil shipments through the Adriatic pipeline......
Brazil’s Supreme Court has ruled to keep Daniel Vorcaro, owner of the now-liquidated Banco Master, in custody. The decision comes after allegations that Vorcaro attempted to bribe a former central bank director in exchange for preferential treatment. Vorcaro was detained earlier this month following......
Bloomberg LP has told employees based in Gulf countries, including those at its regional headquarters in Dubai, that they may temporarily relocate and work from outside the region as Iranian attacks continue to escalate, according to a company spokesperson speaking to Reuters. The move makes Bloomberg......
The Moroccan Exporters Association (ASMEX), in partnership with the West London Chambers of Commerce, is organizing a B2B mission in London to meet qualified buyers and explore concrete business opportunities. The commercial mission is scheduled from May 11 to 14 and will include targeted B2B meetings,......
American banking giant Citi has evacuated its offices in Dubai, United Arab Emirates, following threats from Iran targeting U.S. and Israeli economic centers in the Gulf region. According to a banking source, employees were instructed to leave Citi’s offices located in Dubai International Financial......
Australian mining giant Rio Tinto has secured a $1.175 billion financing package from four international lenders to support the development of its Rincon lithium project in Salta province, Argentina. The funding comes from the International Finance Corporation, IDB Invest, Export Finance Australia, and......
India's restaurant and hospitality sector is facing severe disruptions as cooking gas supplies dwindle due to tensions in the Middle East. The ongoing conflict involving Iran has affected shipping in the Gulf and the Strait of Hormuz, raising fuel costs and limiting deliveries of liquefied petroleum......
Brazilian pharmaceutical company EMS is seeking to expand its international presence following the acquisition of the Brazil-based Sanofi unit, Medley, for more than $500 million. The deal strengthens EMS’s leadership position in Latin America’s generics market and positions the company for......
The Moroccan fintech company Cash Plus has introduced a new mobile payment solution based on QR code technology, marking another step in the digital transformation of local commerce across the country. The system, which became operational in January 2026, is designed to simplify everyday transactions......
Dassault Aviation has introduced its newest long-range business jet, the Dassault Falcon 10X, marking a significant milestone in the company’s strategy to compete in the high-end private aviation market. The aircraft was officially presented at the manufacturer’s facility in Mérignac,......
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