Dubai’s once-resilient property market is beginning to show early signs of strain as geopolitical tensions in the Middle East weigh on investor confidence and transaction activity. Recent data from market analysts indicate a noticeable slowdown in real estate transactions across the United Arab......
The Central Bank of the United Arab Emirates (CBUAE) has unveiled a new package designed to strengthen the resilience of the nation’s banking sector amid ongoing tensions in the Gulf linked to the Iran crisis. The war, now entering its third week, has disrupted global energy markets and transportation......
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......
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......
Jeff Bezos’ artificial intelligence venture Project Prometheus is seeking tens of billions of dollars to build a new holding company that will buy industrial businesses reshaped by AI, deepening the Amazon founder’s latest return to an executive role in the technology sector. The planned......
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......
U.S. President Donald Trump announced a series of commercial agreements exceeding $200 billion between the United States and the United Arab Emirates. Among the major deals was a $14.5 billion agreement involving Boeing, GE Aerospace, and Etihad Airways, as confirmed by the White House. Etihad Airways,......
Forbes Middle East has unveiled its “Top 100 Arab Family Businesses 2025” list, highlighting the prominence of three Moroccan family enterprises among the most influential in the Arab world. This recognition underscores the growing impact of Moroccan businesses on the regional economic landscape. The......
Morocco is set to advance its defense capabilities significantly through a strategic partnership with the United States that will allow the North African country to produce F-16 fighter jet components. According to a document published in the US Federal Register on April 29, Morocco has officially joined......
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......
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