Economy
Dubai International Airport, the world's busiest hub for international passenger traffic, recorded a 65.7 percent year-on-year drop in passenger numbers in March 2026, welcoming just 2.5 million travelers as the conflict involving the United States, Israel, and Iran triggered repeated airspace closures......
A severe jet fuel shortage triggered by the closure of the Strait of Hormuz has sent shockwaves through global aviation, forcing airlines to slash schedules, raise fares, and in at least one case cease operations entirely. The crisis traces directly to military strikes launched by the United States and......
Morocco's ambassador to the United Kingdom, Hakim Hajoui, traveled to Manchester on Friday to present the country's investment opportunities to a broad audience of British business leaders, in a meeting designed to deepen economic ties between the two nations. The event reflected a deliberate......
The Bank of Japan kept its policy rate unchanged at 0.75 percent in a closely divided decision, with three policymakers voting for an increase to 1 percent. The 6 to 3 split highlights rising concern within the central bank as the war in Iran drives energy prices higher and intensifies inflationary pressures.......
International Airlines Group said it will increase ticket prices to offset a sharp rise in jet fuel costs linked to the ongoing Middle East conflict, marking a shift from its earlier position that fares would remain stable. The group, which owns British Airways, Iberia and Aer Lingus, stated that while......
Global inflation data for March show a broad and immediate impact from the disruption of oil supplies following the escalation of conflict between the United States and Iran in late February. The closure of the Strait of Hormuz has triggered a sharp rise in energy costs, feeding into consumer prices......
The United Kingdom’s main stock index, the FTSE 100, closed slightly lower on Friday as weakness in utilities and mining stocks weighed on overall market performance. The index slipped as investors reacted to pressure across several sectors, particularly utilities, which declined following reports......
The Central Bank of the Republic of Turkey has firmly denied allegations that confidential information was shared with investors during recent briefings held in London. In an official statement, the bank described the claims as “completely unfounded,” emphasizing that all discussions were......
Fuel prices have climbed to multi-year highs worldwide after one month of conflict involving Iran disrupted global energy flows and tightened supply. The shock has hit consumers across major economies and forced governments to deploy emergency measures to contain economic fallout. In the United Kingdom,......
Le dollar américain est en passe de connaître son mois le plus solide depuis juillet 2025, l’indice Bloomberg Dollar Spot ayant progressé d’environ 2,6% en mars. Cette hausse s’inscrit dans un contexte de forte volatilité des marchés, où le conflit......
Gold is trading at an unusual discount in Dubai, one of the world’s most important hubs for physical bullion trade, as conflict involving the United States, Israel, and Iran disrupts transport routes and breaks the supply chains linking the precious metal to global markets. Traders in Dubai are......
Scandinavian airline SAS has introduced a temporary fare adjustment on its flights as surging jet fuel prices push airlines to pass rising energy costs onto passengers. The move comes as the war involving the United States and Israel against Iran drives crude oil prices above $100 per barrel for the......
Airfares between Asia and Europe have surged dramatically after airspace closures across the Middle East disrupted global flight routes, forcing travelers to rely on a limited number of direct connections operated by Asian carriers. On March 5, a one way economy class ticket from London Heathrow to......
