Economy
The war between the United States, Israel, and Iran has evolved into a full-blown aviation crisis, with jet fuel prices more than doubling in a matter of weeks, airlines slashing capacity, and millions of passengers left in uncertainty as vast portions of Middle Eastern airspace remain closed or restricted. Jet......
Iranian missile and drone strikes against two of the Middle East's largest aluminium smelters over the weekend have thrown global supply chains into disarray, driving prices to their highest level in four years and raising the prospect of a prolonged market deficit. Emirates Global Aluminium confirmed......
Toyota Motor reported a 2.3% decline in global sales for February, releasing the figures Monday as Japanese automakers face mounting supply chain disruptions stemming from the Middle East conflict, now entering its fifth week. Total sales, including subsidiaries Daihatsu Motor and Hino Motors, fell to......
Wealth managers in Switzerland are preparing for a surge of capital from Gulf investors as the conflict involving Iran shakes financial confidence in Middle Eastern economic hubs. Bankers and advisers overseeing more than one trillion dollars in assets say wealthy individuals across the Gulf are considering......
Aluminum prices climbed to their highest level in nearly four years as the war in the Middle East disrupted shipments from the Persian Gulf, one of the world’s most important production hubs for the lightweight metal. Three month aluminum futures on the London Metal Exchange settled at $3,516.50......
US stock futures fell sharply Thursday as oil prices climbed toward 100 dollars per barrel, intensifying concerns that the Iran conflict could trigger a prolonged energy shock, reignite inflation, and delay expected interest rate cuts by the Federal Reserve. Futures tied to the Dow Jones Industrial......
The growing military confrontation involving Iran could wipe out up to $56 billion in tourism revenue across the Middle East this year, according to a new analysis by Tourism Economics, a research unit of Oxford Economics. The report estimates that international visitor arrivals to the region could......
The latest military escalation between the United States and Iran has unsettled global financial markets and revived concerns about energy security, with potential consequences extending beyond the Gulf to economies such as Morocco. Reciprocal strikes on Iranian positions and American bases across the......
Gasoline prices across Arab countries in February 2026 displayed significant variations, with Jordan leading the region in highest fuel costs at $1.460 per liter, followed closely by Morocco at $1.324 per liter. Countries such as Syria and Tunisia recorded prices near $0.90 per liter, reflecting moderate......
Recent data highlights Android's continued dominance over iPhone in smartphone markets across Arab countries, with notable variations between nations. In conflict-affected areas, Android's market share exceeds 90 percent, while affluent Gulf states exhibit stronger iPhone adoption. This divergence......
Morocco has achieved a significant milestone in its agricultural exports, with raspberry shipments to the Middle East hitting 700 tonnes just three months before the end of the 2024/2025 export season, according to EastFruit, an agricultural data platform. This surge highlights Morocco's growing......
Italian pharmaceutical and nutraceutical company PharmaNutra has recently made significant strides in its international expansion by signing agreements to distribute its health products in Morocco, Bahrain, and Peru. This development marks a key milestone as the company continues to grow its presence......
Egypt currently holds the distinction of having the highest interest rates among all Arab nations, with a staggering 27.25% set by its central bank. This monetary policy decision reflects Egypt's aggressive strategy to attract foreign investment in treasury bonds and bills, particularly in response......
