Saudi Arabia and the UAE open trade corridor bypassing Hormuz

Saudi Arabia and the United Arab Emirates have launched a new trade route linking Sharjah to Dammam, opening a multimodal corridor designed to keep goods moving as shipping risks rise across the Gulf. The project was announced on March 23 by Saudi Ports Authority, known as Mawani, and comes as commercial navigation through the Strait of Hormuz......

Air France extends flight suspensions to Dubai, Riyadh, Tel Aviv, and Beirut

Air France has announced an extension of the suspension of its flights to and from Dubai and Riyadh until March 31, and to and from Tel Aviv and Beirut until April 4. The airline cited security concerns at these destinations and the closure of certain airspaces as the main reasons for the continued suspension. Passengers affected by the......

Saudi Arabia intercepts 92 drones as Iran escalates Gulf attacks

Saudi Arabia’s armed forces intercepted 92 drones within 24 hours as Iran intensified its aerial campaign against energy infrastructure across the Gulf, highlighting the scale and persistence of the conflict. According to official statements cited by Arab News, Saudi defenses shot down 51 drones early Saturday in the kingdom’s......

Dubai property market shows early signs of weakness amid regional tensions

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 Emirates. Volumes have declined significantly......

Dollar index rises above 100 as Iran conflict fuels safe haven demand

The US dollar index climbed above the 100 mark on Wednesday, gaining about 5 percent from its late January low, as escalating tensions in the Middle East and a more restrictive Federal Reserve stance drove investors toward the dollar as a safe haven. The move marks a sharp reversal for a currency that had fallen roughly 9 percent earlier......

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