Business
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......
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......
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......
Several major Wall Street banks have offered employees in the United Arab Emirates the option of temporarily relocating as missile and drone attacks linked to the conflict involving Iran continue to affect the Gulf region. Goldman Sachs, Morgan Stanley and Citigroup have informed staff in the UAE that......
Airline and travel shares across global markets slumped after the conflict involving the United States, Israel, and Iran shut key Middle Eastern hubs, triggered thousands of flight cancellations, and drove fuel costs sharply higher. A basket of major airlines, hotel groups, and travel operators in Europe,......
Banks, hedge funds and insurers spent the weekend racing to map out their exposure to the Middle East as the escalating confrontation between Iran, the United States and Israel disrupted markets, travel and business operations across the Gulf. The latest round of strikes, which hit targets in the United......
Sultan Ahmed bin Sulayem, the chief executive of global logistics group DP World, maintained a long-running stream of personal and professional emails with convicted sex offender Jeffrey Epstein for more than a decade after Epstein’s 2008 conviction, according to documents released by the United......
In a dazzling showcase at Casablanca's prestigious Idou Anfa Hotel, Moroccan perfume house Hadri Parfums unveiled four new signature fragrances while announcing ambitious expansion plans both domestically and internationally. The February 9th event highlighted the remarkable journey of founder Abdelrazak......
Moroccan eco-consciousness and innovation have taken the spotlight as Cleanzy, a frontrunner in environmentally friendly dry cleaning, was awarded the title of "Innovative Laundry Brand of the Year" at the Arab Franchise Expo in Dubai in November 2024. This global event brought together leaders......
Specialty MGA Africa & Middle East has made its first foray into North Africa with the opening of a new office in Casablanca, Morocco. This strategic move comes after receiving approval from Morocco's Minister of Finance, marking a significant step in the company's regional expansion plans. The......
