Dutch airline KLM said Wednesday it will cancel all flights to and from Dubai until March 28 as the conflict affecting the Middle East continues to disrupt aviation routes across the region. In a statement, the airline said the decision was taken because of ongoing instability in the region. “Due to the persistent unrest in the Middle......
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 Centre (DIFC) and the Oud Metha district......
Twelve days after the outbreak of a widening conflict involving the United States, Israel and Iran, the Gulf region continues to face sustained waves of Iranian missile and drone attacks that have struck every member of the Gulf Cooperation Council, caused civilian casualties and killed U.S. personnel, while triggering one of the most severe......
Global oil markets have experienced extreme volatility this week, with crude prices swinging by tens of dollars within hours as traders struggled to interpret conflicting signals from Washington about the United States conflict with Iran and the security of the Strait of Hormuz. Brent crude futures surged to nearly $120 per barrel when markets......
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 offering discounts of up to 30 dollars......
Saudi Aramco expects to reach the full capacity of its East West crude oil pipeline within days as Saudi Arabia works to maintain exports while the Strait of Hormuz remains effectively closed due to Iranian military control. Chief Executive Amin Nasser warned that the crisis represents the most serious disruption the regional oil and gas industry......
Authorities in the United Arab Emirates reported that a drone attack triggered a fire on Tuesday in an industrial area of Abu Dhabi, a zone known for hosting energy-related facilities and logistics infrastructure. Emergency teams quickly responded to the incident and worked to contain the flames. Officials stated that no injuries had been......
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 they may move to alternative locations......
Saudi Arabia has begun reducing oil production as the effective closure of the Strait of Hormuz fills storage facilities across the Persian Gulf, intensifying what analysts describe as the largest supply disruption in modern oil market history. The move by the world’s largest oil exporter comes as the conflict involving the United States......
Ukrainian President Volodymyr Zelenskiy said on Saturday that he spoke with Saudi Crown Prince Mohammed bin Salman regarding the situation in Iran and broader Middle East tensions. Zelenskiy reiterated Ukraine’s offer to assist in countering Iranian-made drones, drawing on Kyiv’s extensive experience in defending against such attacks. In......
The United Arab Emirates (UAE) faced new drone and missile attacks on Saturday, causing a brief suspension of operations at Dubai International Airport, despite apologies from Iranian President Massoud Pezeshkian to neighboring countries. The strikes targeted Saudi Arabia, Kuwait, Qatar, and the UAE, with officials reporting 16 ballistic......
Middle East Airlines (MEA), Lebanon’s national carrier, has released an updated flight schedule for the weekend as tensions continue to escalate in the Middle East. The announcement comes roughly a week after the outbreak of a new phase of hostilities in the region. Despite the volatile security situation, Lebanon’s main aviation......
Air France has announced an extension of its flight suspensions to several Middle Eastern destinations in response to ongoing regional conflict. Flights to Dubai and Riyadh will remain suspended until at least Tuesday, with some Dubai departures affected through Wednesday. Services to Tel Aviv and Beirut are also suspended until at least Wednesday. Safety......
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